London loses another listing, but analysts wary of writing off UK

The offices of London Stock Exchange Group Plc, right, in Paternoster Square in the City of London, UK. Bloomberg | Bloomberg | Getty Images LONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the German travel giant to list solely in Frankfurt. The Hannover-headquartered group’s … Read more

Argentina’s shock peso devaluation weighs on sportswear brand Puma

A Puma SE sportswear store in central London, UK, on Thursday, Oct. 19, 2023. Bloomberg | Bloomberg | Getty Images German sports retailer Puma on Wednesday said Argentina’s major devaluation of its currency in December hit its financial results. Puma shares closed the session 10.5% lower, at the bottom of Europe’s Stoxx 600 index, after … Read more

Stock Markets: Down to Davos

Signage ahead of the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 15th, 2024. Adam Galici | CNBC This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

Maersk shares gain after shipping firm extends Red Sea pause

Shipping giant Maersk on Wednesday notched a second consecutive session of strong gains as investors assessed a ratings upgrade and its decision to prolong a halt on Red Sea travel due to safety concerns. The Danish firm topped Europe’s Stoxx 600 gainers, with its Copenhagen-listed shares provisionally closing up 5.1% following Tuesday’s 6.4% rise. Shares … Read more

Will the S&P end 2023 on a record high?

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

European Central Bank holds rates and trims its inflation forecast

BRUSSELS, BELGIUM – NOVEMBER 27: Christine Lagarde, President of the European Central Bank speaks during the European Parliament’s Committee on Economic and Monetary Affairs (ECON) meeting in Brussels, Belgium on Nevember 27, 2023. (Photo by Dursun Aydemir/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images The European Central Bank on Thursday held interest rates … Read more