Breaking News
Nov 8, 2022
  • Eurozone retail sales in September increased 0.4% from August after struggling in previous three months.
    • Luxury goods makers LVMH and Hermes declined after China reported rising coronavirus cases in Guangzhou, China.
      • French trade deficit in September soared to
        • Danish costume jewelry retailer Pandora soared 8% after sales increased 10% to DKK 5.2 billion and the company reiterated its annual outlook.
          • Carrefour declined 1% after the French hypermarket operator plans to expand its e-commerce, cut expenses and open more discount stores.
            • Schaeffler AG said it plans to cut 1,300 global jobs and trim overcapacity and cut costs reflecting weak economic conditions.
              • Munich Re gained after the reinsurance company reiterated its annual outlook.
                • Renault and Google announced a partnership to deliver more cloud computing capabilities in vehicles.
                  • Lyft September quarter sales rose 22% to $1.05 billion and loss quadrupled to $422 million and active riders rose at the slowest pace in 7 quarters.
                    • Associated British Foods, the Primark owner, said annual profit increased 45% to