European markets: stocks, news and data

European markets: stocks, news and data

Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets headed for a higher open on Friday as investors weighed the outlook for the economy and looked to fresh data. The U.K.’s FTSE 100 was last on track to add around 4 points to 8,287, Germany’s DAX was set to rise by 47 points … Read more

stocks, news, data and earnings

stocks, news, data and earnings

Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024. Betty Laura Zapata | Bloomberg | Getty Images LONDON — European markets were higher on Friday as they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher. The pan-European Stoxx 600 was 0.09% higher at 2:48 … Read more

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more

Stoxx 600, central bank decisions, UK retail sales

Stoxx 600, central bank decisions, UK retail sales

Shoppers and local residents on Church Street on June 02, 2024 in Godalming, United Kingdom.  Jack Taylor | Getty Images News | Getty Images LONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases. The pan-European Stoxx 600 index is on … Read more

Lightspeed Commerce cutting 280 jobs, as it aims for profitable growth

Lightspeed Commerce cutting 280 jobs, as it aims for profitable growth

Lightspeed Commerce is cutting about 280 jobs, less than two months after its founder returned to the helm of the Montreal-based technology company. After integrating the company’s many acquisitions, “Lightspeed is now entering a new phase, one focused on profitable growth to capture the opportunity in front of us,” said founder and chief executive Dax Dasilva. … Read more