European shares were set to open sharply lower on Friday after Israel launched widescale strikes against Iran, which pushed the oil price up by 7% and drove a rush out of risk assets.
Euro STOXX 50 futures, which track blue-chip euro zone stocks, dropped 1.4%, <with contracts on the German and French benchmarks each down over 1%.
Futures on Britain’s oil- heavy FTSE fell 0.4%.
(Reporting by Alun John)
SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk’s rocket and spacecraft...
Weak cash distributions to investors in recent years are making it harder for private equity firms to raise new money,...
The World Bank on Thursday cut its global growth forecast for 2026 to 2.5% due to the war in the...
The European Central Bank raised interest rates for the first time in nearly three years on Thursday in the hope...
Deep in an underground bunker, where walls of screens stream live data from across the battlefield, the commander of Ukraine's...
Germany's construction sector has not yet emerged from its downturn, with a tentative recovery being hit by a new geopolitical...
© 2024 SEMG.
