Global Markets | European shares slide as Middle East ceasefire hangs in balanceEuropean shares declined on Monday, on concerns that a ceasefire between the U.S. and Iran might collapse after Washington said it had seiz...
20 Apr, 2026, 03.11 PM IST
A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppersA distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...
18 Apr, 2026, 11.09 AM IST
Global Markets | European shares climb to one-month high as Middle East peace hopes emergeEuropean shares rallied to their highest intraday level in over a month on Tuesday, as investors welcomed signs of possible Middle East pea...
14 Apr, 2026, 04.52 PM IST
Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
11 Apr, 2026, 08.08 AM IST
European shares subdued as luxury stocks, miners weighEuropean stock markets ended the week flat. Luxury and mining stocks saw declines. Geopolitical tensions eased, impacting commodity-linked ...
17 Jan, 2026, 11.05 AM IST
LVMH spurs $80 billion luxury rally as China picture brightensLVMH shares saw their biggest gain in over two decades. This surge followed positive signs of demand in China. The luxury sector experience...
16 Oct, 2025, 12.17 AM IST
European stocks climb as LVMH boosts luxury sectorEuropean stocks climbed on Wednesday as upbeat results from France's LVMH sparked a rally in luxury groups and quelled concerns that slowin...
15 Oct, 2025, 01.53 PM IST
European stocks slip as US credit downgrade, China data weighEuropean stocks dipped on Monday, snapping a five-week winning streak, as a surprise U.S. credit rating downgrade and weak economic data fr...
19 May, 2025, 01.12 PM IST
European shares set for eighth weekly gain; Hermes jumps after strong earningsEuropean shares took a breather on Friday and were on track for their eighth straight week of gains, while luxury stocks jumped after robus...
14 Feb, 2025, 02.52 PM IST
European shares jump on China stimulus; luxury stocks shineChina's top financial regulators unveiled their biggest stimulus since the pandemic, saying they would cut bank reserves by 50 basis points...
24 Sep, 2024, 02.13 PM IST
European stocks edge up as Novo Nordisk offsets luxury sector jittersEuropean stocks inched higher on Wednesday as Novo Nordisk shares jumped after a positive update on its diabetes drug Ozempic, though under...
11 Oct, 2023, 03.51 PM IST
European shares set to end week higher after ECB's dovish hikeSweden's H&M shed 4.6% on reporting flat sales in its most recent quarter, lagging expectations as the fashion group struggles to attract c...
15 Sep, 2023, 12.58 PM IST
World’s richest man loses $11 billion after LVMH stock routWorld's richest man, Bernard Arnault, lost around $11.2 billion from his fortune in one day due to the softening of the US economy, which i...
24 May, 2023, 08.24 AM IST
European shares open lower as mining, luxury stocks fallHealth officials in China reiterated their commitment to strict COVID-19 curbs over the weekend, disappointing investors hopeful for a reli...
07 Nov, 2022, 03.24 PM IST
European shares open higher on mining, luxury boostBoth sectors derive significant demand from China, and rose after authorities eased more curbs in Beijing and Shanghai over the weekend.
06 Jun, 2022, 01.47 PM IST
European stocks gain on tech and luxury boost, but set for weekly lossesThe pan-European STOXX 600 index rose 0.2 per cent, but was still on course to end the week 0.7 per cent lower amid persisting worries of a...
10 Sep, 2021, 02.27 PM IST
European shares edge higher, luxury stocks hit by weak resultsThe pan-European STOXX 600 rose 0.3% by 0719 GMT, while the German DAX gained 0.5% and London's FTSE 100 was up 0.6%.
28 Jul, 2020, 01.15 PM IST