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The Dow Jones hit a record high as investors swapped technology stocks for economy-linked cyclicals. Photograph: Michael Nagle/Bloomberg
European stocks rise again but rally loses traction

Automotive manufacturer stocks helped drive European shares to new highs on Wednesday, even as a new year rally appeared to be running out of gas due (...)

Glanbia and Kerry Group were marginally off, closing down 0.83 per cent and 0.32 per cent respectively.
European stocks plummet as fears of new Covid variant bite

European stocks plummeted amid widespread selling on Friday, as reports of a newly identified and possibly vaccine-resistant coronavirus variant ident(...)

The Nasdaq hit a record high on Tuesday as growth-focused sectors gained, while Beijing’s regulatory crackdown hammered shares of several US-listed Chinese firms
European shares retreat as investors turn to bonds amid economic uncertainty

European stocks retreated sharply from two-week highs on Tuesday, breaking a three-day winning streak as investors flocked to bonds on worries over ri(...)

Electronics manufacturers in Asia recently warned that the chip shortage is beginning to spread to TVs, smartphones and home appliances
Electronics manufacturer warns chip shortage will last until at least mid-2022

The global chip shortage disrupting the car industry and threatening the supply of consumer technology products will last for at least another year, o(...)

Shares in French supermarket giant Carrefour rose 13.4 per cent to their highest level since August 2019 after a surprise €16.2 billion takeover approach from Canadian convenience store operator Alimentation Couche-Tard. Photograph: Nathan Laine/Bloomberg
European stocks nudge higher on Carrefour and Telefónica deals

European stocks closed slightly higher on Wednesday, with deal-related gains for French grocer Carrefour and Spain’s Telefónica offsetting wider conce(...)

Scurri founder Rory O’Connor: “We’ve already got 100 per cent growth pre-booked in.”
Scurri seeks further funding as business booms on Brexit and Covid

Wexford-based online logistics company Scurri intends to raise additional financing to accommodate growth arising from Brexit and the coronavirus pan(...)

The New York Stock Exchange: US and European equities extended their weekly gains on Wednesday. Photograph: Michael Nagle/Bloomberg
European shares extend rally amid vaccine and stimulus optimism

European shares rose for a third straight day on Wednesday as optimism around a potential Covid-19 vaccine and comments from European Central Bank (EC(...)

Associated British Foods, the owner of the Irish-headquartered discount fashion chain Penneys/Primark, was up by almost 17 per cent in early afternoon trading.
Irish airline, hospitality and retail stocks soar on Pfizer vaccine news

Hospitality stocks, such as airlines and hotel operators, as well as retailers surged on the news that a potential vaccine for coronavirus may be up t(...)

Technology stocks pushed Wall Street indices sharply higher on in early trading on Wednesday as the initial vote count pointed to a close race for the White House. Photograph: Kena Betancur/AFP
European shares close 2% higher after choppy start

European shares closed higher after a choppy start to the day’s trading, influenced by the closeness of the US presidential race between Democratic ca(...)

Danish shipping group Maersk, a bellwether for global trade, issued forecast-beating full-year earnings.
Wall St sets upbeat tone for European stocks, airlines jump

European stocks closed higher on Wednesday following new record highs for Wall Street’s main indexes, while airlines rallied on hopes of a shorter qua(...)

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