Dilok Klaisataporn London ( UKX ) -0.81% to 10,024.75. Germany ( DAX:IND ) -1.1% to 22,707.14. Germany’s GfK Consumer Climate Indicator dropped to –28 heading into April 2026, from a marginally revised –24.8 in the previous period. France ( CAC:IND ) -0.6% to 7,797.87. France’s overall manufacturing business climate fell to 99 in March from 102 in February. Elsewhere in Europe, Sweden recorded a t...
Dilok Klaisataporn London ( UKX ) -0.81% to 10,024.75. Germany ( DAX:IND ) -1.1% to 22,707.14. Germany’s GfK Consumer Climate Indicator dropped to –28 heading into April 2026, from a marginally revised –24.8 in the previous period. France ( CAC:IND ) -0.6% to 7,797.87. France’s overall manufacturing business climate fell to 99 in March from 102 in February. Elsewhere in Europe, Sweden recorded a trade surplus of SEK 1.8 billion in February, narrowing sharply from SEK 12.1 billion in the same month of the previous year. The pan-European Stoxx 600 ( STOXX) fell 0.72% on Thursday as traders tracked developments in the conflict between the United States and Iran. Miners and technology stocks led declines, with the sectors falling 3% and 1.2%, respectively. Iran’s foreign minister reportedly told state media on Wednesday that top authorities in the Middle Eastern nation are reviewing an American proposal to end the war, but Tehran has no intention of having talks with the U.S. The Trump administration officials, meanwhile, are examining what a potential spike in oil prices as high as $200 a barrel would mean for the economy, a sign senior officials are studying the possible fallout from extreme scenarios for the Iran war. European markets will be keeping a close eye on news from the meeting of G7 foreign ministers taking place in France on Thursday and Friday. In the bond market , the yield on the US 10-year Treasury was up 4 basis points to 4.366%. The UK's 10-year yield was up 7 basis points to 4.904%. Germany's 10-year yield was up 6 basis points to 3.009% Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD ) ETFs: (NYSEARCA: EWG ), (NYSE: GF ), (NYSEARCA: EWI ), (NYSEARCA: EWQ ), (NASDAQ: FGM ), (NASDAQ: DAX ), (NYSEARCA: FLGR ), (NYSEARCA: FXB ), (NYSEARCA: EWU ), (NASDAQ: FKU ), (BATS: EWUS ), (NYSEARCA: FLGB ), (NYSEARCA: GREK ) More on Europe USD Strength Vs. Euro Vulnerability: What's Next For The EUR/USD Pair? Technical Levels For Major FX Pairs Ahead Of The FOMC U.S...
Chinese oil major Cnooc Ltd. reported weaker earnings in 2025, as a drop in oil prices blunted the impact of the company’s rising production. Net income came in at 122.1 billion yuan ($17.7 billion), down from 137.9 billion yuan a year earlier, Cnooc said in an exchange filing on Thursday. That compares with the 130.7 billion yuan average of analyst estimates in a Bloomberg survey. The performance...
Chinese oil major Cnooc Ltd. reported weaker earnings in 2025, as a drop in oil prices blunted the impact of the company’s rising production. Net income came in at 122.1 billion yuan ($17.7 billion), down from 137.9 billion yuan a year earlier, Cnooc said in an exchange filing on Thursday. That compares with the 130.7 billion yuan average of analyst estimates in a Bloomberg survey. The performance tracked a year of softer oil prices, with Brent averaging around $68 a barrel, about 15% lower than in 2024. The offshore drilling giant lifted oil and gas output to a record 777.3 million barrels last year, driven by new projects at home and overseas. That reinforced its position as the main contributor to China’s supply growth. The offshore giant set its output target at 780 million to 800 million barrels for this year. It revised down 2025-2026 targets as part of a three‑year rolling production plan last year, citing pressure on upstream profitability from weaker fuel demand amid faster electric‑vehicle adoption. The war in the Middle East has reinforced energy‑security concerns, prompting Beijing to ban fuel exports and also to tighten controls on retail fuel prices to curb inflation, a move that limits refiners’ ability to pass higher costs through to consumers. “The world faces heightened geopolitical risks and successive waves of regional conflicts, and uncertainty surrounding oil prices is set to increase markedly,” Cnooc said. “Global inflationary pressures increase, economic growth remains weak, and growth divergence among different economies will further intensify.” Cnooc is more exposed to price swings than its peers because it has limited downstream operations. The company said it was planing capital spending of 112 billion to 122 billion yuan in 2026, compared with 118.8 billion yuan last year. Its 2025 budget target was 125 billion to 135 billion yuan. Among other Chinese oil majors, refining-heavy Sinopec reported a steeper-than-expected decline in profits ...
(RTTNews) - German chemical and consumer goods major Henkel AG & Co. KGaA (HENOY, HENKY, HEN.DE) announced Thursday that it has entered into a definitive agreement to acquire OLAPLEX, a premium hair care brand, for $2.06 per share. The total transaction value would be $1.4 billio
(RTTNews) - German chemical and consumer goods major Henkel AG & Co. KGaA (HENOY, HENKY, HEN.DE) announced Thursday that it has entered into a definitive agreement to acquire OLAPLEX, a premium hair care brand, for $2.06 per share. The total transaction value would be $1.4 billio
(RTTNews) - Ceres Power Holdings plc (CPWHF, CWR.L) on Thursday announced a strategic partnership with Centrica plc (CNA.L, CPYYF) to speed up the rollout of on-site fuel cell power systems across the UK and Europe.
(RTTNews) - Ceres Power Holdings plc (CPWHF, CWR.L) on Thursday announced a strategic partnership with Centrica plc (CNA.L, CPYYF) to speed up the rollout of on-site fuel cell power systems across the UK and Europe.