Around 2,300 individuals succumbed to heat-related illnesses across 12 European cities during the intense heatwave that concluded last week, according to a study conducted by scientists at Imperial College London and the London School of Hygiene and Tropical Medicine.Large parts of Western Europe experienced extreme heat, with temperatures exceeding 40…
China’s ongoing policy efforts to curb excess industrial capacity could serve as a significant positive catalyst for both its equity markets and global trade, provided the measures are executed effectively, according to a new analysis from JPMorgan Chase & Co. The bank’s strategists believe these policies could pave the way…
European stock markets started Wednesday’s session with modest gains, as investors carefully navigated a complex and often contradictory global trade landscape. While fresh tariff threats from US President Donald Trump have kept markets on edge, the absence of new duties on the European Union is fueling hopes that a transatlantic…
Starbucks is exploring a potential partial sale of its China operations, with offers from global and Asia-based private equity firms valuing the business at up to $10 billion, CNBC reported Wednesday, citing people familiar with the matter. The move comes as the US coffee giant struggles to retain its footing…
Shares in French-Italian eyewear giant EssilorLuxottica jumped more than 5% to €251.70 on Tuesday after reports emerged that Meta Platforms had acquired a nearly 3% stake in the company, worth approximately €3 billion ($3.5 billion). If gains hold, it would mark EssilorLuxottica’s best trading day since mid-February.According to sources cited…
The TSX Composite Index surged to a record high of $27,000 this week after Donald Trump extended his trade war deadline to August. It has moved into a bull market after rising by over 21% from its lowest level in April. This article explores the top names that have pushed…
The Zimbabwe ZiG currency has remained steady this year, even as the US dollar index (DXY) plunged by double digits. The official ZiG exchange rate was at 26.88 against the US dollar, slightly higher than the January 1 level of 25.82. Similarly, the black market rate has remained unchanged between 38…
Commerzbank share price exploded higher on Tuesday and reached its highest level since April 2011. It is one of the best-performing DAX Index constituents after almost doubling this year. This surge has brought its market cap to over €35 billion. Unicredit boosts Commerzbank stakeCommerzbank’s stock price has performed well this year,…
Zalando share price has crashed in the past few months and has formed a head-and-shoulders pattern, pointing to more downside. ZAL stock was trading at €28.30, down by 30% from its highest point this year, meaning it is in a bear market.Zalando share price technical analysisThe daily chart shows that…
The FTSE 100 Index has rebounded in the past three months, moving from a low of £7,542 in April to the current £8,855. It has jumped by over 17.40%, a few points below the all-time high of £8,893. The Footsie Index has jumped in line with the ongoing global indices surge.…