hatchapong/iStock Editorial via Getty Images Visa (NYSE:V) disclosed on Wednesday that it will release ~$2.7B from its series B and series C convertible participating preferred stock in connection with the third mandatory release assessment on June 21, 2024. The release comes on the eighth anniversary of the Visa Europe acquisitionContinue Reading
jetcityimage/iStock Editorial via Getty Images Automaker Stellantis (NYSE:STLA) to offer 30 hybrid models this year in Europe and plans to introduce six more through 2026, it said Tuesday. Stellantis (STLA) said it has achieved a 41% sales increase in EU30 hybrid models year-to-date 2024 versus year-to-date 2023 and expects anContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.56% with parliamentary election in focus. Investors will be closely watching how the Labour Party can gather a majority vote, to replace the Conservatives after 14 years. Germany (DAX:IND) +0.23% Germany June construction PMI 39.7 vs 38.5 prior; Germany May industrial orders -1.6% vsContinue Reading
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Hollie Adams/Getty Images News Uber Technologies (NYSE:UBER) announced that it is bringing its yacht service to Ibiza and will introduce different water-transport offerings to other European cities. The Uber Yacht service will be available to pre-book on the Spanish island of Ibiza on July 26 for trips starting in August.Continue Reading
designer491/iStock via Getty Images Valneva (NASDAQ:VALN) shares jumped 8.4% premarket on Monday after the vaccine company secured marketing authorization in Europe for its chikungunya vaccine, Ixchiq. Ixchiq is the world’s only licensed chikungunya vaccine and has been approved for the prevention of disease caused by the chikungunya virus in individualsContinue Reading
Torsten Asmus The North American and European regions are by far the most notionally net sold in June so far, according to data by Goldman Sachs. Although they are still net bought year-to-date, European equities (NYSEARCA:VGK), (FEZ) have been net sold each of the past three weeks. This suggests thatContinue Reading
da-kuk/E+ via Getty Images London (UKX) -0.09% Germany (DAX:IND) +0.29% France (CAC:IND) +0.13% Spain’s retail trade increased by 0.2% Y/Y in May 2024. The Economic Tendency Indicator for Sweden rose to 96.3 in June 2024. The consumer confidence indicator in Sweden increased to 93.3 in June. Norway’s seasonally adjusted unemploymentContinue Reading
MarsBars/E+ via Getty Images Novavax (NASDAQ:NVAX) has submitted an application to the European Medicines Agency seeking authorization of its JN.1 COVID-19 vaccine to be administered starting in the fall. The shot is also effective against the KP.2 and KP.3 variants, which alone account for nearly 54% of the cases currentlyContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.14% Germany (DAX:IND) +0.35% Germany June Ifo business climate index 88.6 vs 89.7 expected France (CAC:IND) +0.25% Switzerland’s current account surplus widened to CHF16.1B in Q1 2024. The consumer confidence indicator in the Czech Republic decreased further to 101 in June 2024. The pan-EuropeanContinue Reading
