France weighs on Stoxx 600 index

France weighs on Stoxx 600 index

This picture taken in Paris on March 3, 2024 shows the silhouette of the Eiffel Tower and the city skyline against a cloudy weather. (Photo by Stefano RELLANDINI / AFP) (Photo by STEFANO RELLANDINI/AFP via Getty Images) Stefano Rellandini | Afp | Getty Images LONDON — European stocks tumbled on Friday, rounding off a choppy … Read more

European markets react to Fed, inflation data

European markets react to Fed, inflation data

A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, U.S., June 12, 2024.  Brendan Mcdermid | Reuters LONDON — European stocks closed lower Thursday as regional investors reacted to … Read more

Wise shares plunge after fintech projects slower growth

Wise shares plunge after fintech projects slower growth

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Shares of British money transfer company Wise dropped on Thursday after the company projected weaker annual revenue growth in the current fiscal year. The firm’s stock was down 9.8% at 1:30 p.m. London time, after falling as … Read more

Trustly posts 51% profit jump; CEO says IPO at least 2 years out

Trustly posts 51% profit jump; CEO says IPO at least 2 years out

Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away from happening, even after a 51% jump in operating profit. In an exclusive interview with CNBC, Johan Tjarnberg, CEO of Trustly, said that his firm still needs … Read more

Taylor Swift and Beyonce’s ‘universal language’ is improving life at work

Taylor Swift and Beyonce’s ‘universal language’ is improving life at work

In photo at left, Megh McLaughlin, center, with co-workers at a performance of Beyonce’s Renaissance tour. In photo at right, Rob Breakiron with his daughter, Isabelle, at a performance of Taylor Swift’s Eras tour. Courtesy: Megh McLaughlin, left photo. Isabelle Breakiron, right photo At professional services firm KPMG, managing director Rob Breakiron feels more popular … Read more