European Shares Inch Higher On Earnings Boost

RTTNews | 9 दिनों पहले
European Shares Inch Higher On Earnings Boost

(RTTNews) - European stocks advanced on Tuesday, with sentiment underpinned by positive earnings news and eased worries of a trade war.

The euro was fragile after the EU-U.S. trade deal met with gloomy reactions from many European leaders.

Investors now await the outcome of U.S.-China talks in Sweden aimed at extending a temporary tariff truce.

The pan European STOXX 600 was up half a percent at 551.49 after falling 0.2 percent on Monday.

The German DAX jumped 1 percent, France's CAC 40 added 0.9 percent and the U.K.'s FTSE 100 was up 0.4 percent.

Swiss technology firm ABB rose about 1 percent after securing orders to support Tata Steel's major decarbonization project at its Port Talbot Steelworks in U.K.

Tobii AB, which develops and sells eye-tracking technology and solutions, slumped 16 percent despite reporting a robust financial performance for the second quarter of 2025.

Drug maker AstraZeneca gained 2.2 percent in London after second-quarter earnings topped expectations.

Essentra surged 6 percent. The maker of plastic and fiber products maintained its full-year outlook after reporting first-half 2025 results in line with expectations.

TeamViewer SE shares climbed more than 5 percent. The German remote access software solutions provider confirmed its annual revenue outlook after reporting a rise in earnings for the first half.

Jeep maker Stellantis NV fell 2.4 percent after it reported a first-half net loss of 2.3 billion euros ($2.65 billion).

Dutch medical-technology firm Philips soared 10 percent after lifting its profitability outlook.

Air Liquide rallied 2.6 percent. The French industrial gases group confirmed its margin outlook until 2026 after reporting half-year revenue in line with market expectations.

read more
German Industrial Output Declines Most In 11 Months

German Industrial Output Declines Most In 11 Months

Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.
RTTNews | 21 मिनटों पहले
Indian Rupee Rises To 3-day High Against U.S. Dollar

Indian Rupee Rises To 3-day High Against U.S. Dollar

The Indian rupee strengthened against the U.S. dollar in the Asian session on Thursday, as the monetary policy outlook from the Reserve Bank of India (RBI) helped the Indian currency amid rising trade tensions with the United States (US).
RTTNews | 35 मिनटों पहले
Sensex, Nifty End Marginally Higher After Early Losses

Sensex, Nifty End Marginally Higher After Early Losses

Indian shares reversed early losses to end on a flat note Thursday. A cautious undertone prevailed after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
RTTNews | 44 मिनटों पहले
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | 2घंटे 12 मिनट पहले
China Exports Growth Accelerates; Imports Rise Unexpectedly

China Exports Growth Accelerates; Imports Rise Unexpectedly

China's exports logged a robust growth in July as the sharp decline in shipments to the US was offset by the rise in exports to the EU and other markets, official data revealed Thursday. Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase, the customs office reported. Exports were forecast to climb 5.4 percent.
RTTNews | 2घंटे 45 मिनट पहले
UK House Prices Rise At Fastest Pace In 6 Months

UK House Prices Rise At Fastest Pace In 6 Months

UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc
RTTNews | 3घंटे 25 मिनट पहले