European markets: stocks, news and data

European markets: stocks, news and data

Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets rose to a fresh record high Friday, tracking gains in China on news of a stimulus blitz, while investors also assessed fresh inflation data. The pan-European Stoxx 600 traded 0.3% higher at 527.03 points at 12:12 p.m. London time, paring earlier gains after notching … Read more

Spain’s BBVA launches rare hostile takeover bid for rival Sabadell

Spain’s BBVA launches rare hostile takeover bid for rival Sabadell

A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the … Read more