World’s largest sovereign wealth fund reports $222 billion annual profit on tech rally
Norway's sovereign wealth fund, the largest globally, reported a full-year profit of 2.5 trillion kroner fueled by a tech rally, ...
Tag: Breaking News: Europe
Novo Nordisk shares pop 10% on early-stage weight loss drug trial results
Shares of Novo Nordisk surged 10% following positive early-stage results for its once weekly amycretin obesity drug, which led to ...
Burberry shares jump 16% after better-than-expected quarterly sales
Shares of Burberry surged 16% after reporting a smaller-than-expected sales decline in the fiscal third quarter under CEO Joshua Schulman. ...
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew by 0.1% in November, falling short of expectations and fueling speculation of an impending interest rate ...
UK inflation unexpectedly cools to 2.5%, core price print slows further
Bank of England policymakers are currently divided on the possibility of interest-rate cuts, with Governor Andrew Bailey facing the challenge ...
Euro zone inflation rose to 2.4% in December, meeting expectations
Euro zone annual inflation increased to 2.4% in December, rising for the third consecutive month, in line with economists' expectations. ...
German inflation rises more than expected to 2.9% in December
German inflation surged to a higher-than-expected 2.9% in December, exceeding analysts' forecasts and marking the third consecutive month above the ...
Russian central bank surprises markets by holding key rate at 21%
Russia's central bank kept its key interest rates unchanged at 21% on Friday, citing improved monetary tightness that could help ...
Novo Nordisk shares plunge 19% after disappointing trial results; Lilly jumps in premarket
Shares of Novo Nordisk dropped over 24% after disappointing results in a trial for its CagriSema weight loss drug, which ...
Bank of England holds rates but vote split surprises markets
The Bank of England decided to keep interest rates unchanged at its last meeting of the year, citing concerns about ...
News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.