European markets open to close, stocks, data and earnings news

Stocks on the move: BP up 5%, Allfunds down 9% UK wealth tech company All Funds Group saw its shares fall 9% to the bottom of the Stoxx 600 in early trade. At the top of the index, bp shares added 5% to lead a broad advance for the oil and gas sector. – Eliot … Read more

European markets open to close, investors focus on the Fed’s next move

World’s largest container shipping firm Maersk, a barometer for global trade, warns of ‘dark clouds on the horizon’ Maersk, the world’s largest container shipping firm, on Wednesday posted record profits for the third quarter on the back of high ocean freight rates, but noted a slowdown in demand. The Danish giant, widely seen as a … Read more

European markets open to close, earnings, data and news

Natwest down 7% after reporting flat third quarter results Natwest is down 7% after reporting flat third quarter results. The British bank reported a £1.1 billion ($1.3 billion) profit, just missing analyst forecasts. Natwest set aside an additional £247 million to reflect the difficult economic outlook in the UK, which ate into profits. — Hannah … Read more

Goldman Sachs predicts stock market bottom for Europe; says how to position

Goldman Sachs has predicted further pain for a raft of European indices over the short term, with one expected to be firmly in a bear market by the end of the year. The Euro Stoxx 600 is expected to fall by nearly 8% by the end of this year, the investment bank said in a … Read more