European Shares Rise on China Stimulus; Luxury Stocks Shine

STOXX 600 up 0.9 Luxury stocks shine on China39;s stimulus Smiths Group down after annual profit miss Sept 24 Reuters European shares traded on a positive note Tuesday, as China39;s sweeping stimulus measures boosted stocks of luxury companies and miners. The panEuropean STOXX 600 index gained 0.9 to 520.88 points by 0810 GMT. The stand out […]
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London Shares Jump as China Stimulus Lifts Mining, Luxury Stocks

FTSE 100 up 0.5 Miners jump after China stimulus measures BoE39;s Bailey interest rates heading downwards gradually PM Starmer to address Labour Party conference Sept 24 Reuters UK stocks rose on Tuesday tracking global gains, as markets cheered fresh stimulus measures in China that lifted shares of miners and luxuryfocused retailers. At 0715 GMT, the […]
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Schneider Electric CEO on AI and Data Centers

In this episode of Bloomberg Intelligence’s Tech Disruptors podcast, Peter Herweck, CEO of Schneider Electric, sits down with Omid Vaziri, Bloomberg Intelligence senior industrials analyst, to examine the market opportunities and challenges of Generative AI and data-center rollout, growth expectations and physical limitations.
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Sterling at TwoYear Peak Versus Euro after PMI Data

Sept 23 Reuters Sterling dipped against the dollar on Monday but touched a new twoyear high versus the euro as business activity readings pointed to diverging economic cycles in the British and euro zone economies. The pound slipped 0.2 to 1.3298, hovering below a more than twoyear high it touched against the dollar on Friday. […]
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London Stocks Edge Lower ahead of PMI Data

FTSE 100 down 0.1 Rightmove shares jump after REA Group sweetens offer PMI data due at 0830 GMT Sept 23 Reuters UK shares slipped on Monday after logging their worst day since August in the previous session, while investors awaited flash PMI data for more clues on the country39;s economic growth. At 0720 GMT, the […]
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