Left Menu
Development News Edition

European shares calm as investors seek any signs of trade deal progress

European shares calm as investors seek any signs of trade deal progress

European shares were little changed on Tuesday after a strong start to the week, as investors sought concrete signs of any progress in trade talks between the United States and China.

The pan-European STOXX 600 index was flat at 0803 GMT, after gaining more than 1% on Monday following a report that the two sides were close to a trade agreement. China's Commerce Ministry said on Tuesday that top trade negotiators from both countries had reached a consensus on "resolving relevant problems" on a phone call, but gave no indication on the timing of a deal.

Shares of Compass Group Plc fell 6% after it said deteriorating business and consumer confidence in Europe had hurt volumes and margins at its unit that provides catering services to companies. The stock pushed the wider travel & leisure sector down 2%.

French car parts maker Faurecia jumped 4%. The company said it was targeting record sales, profits and cash generation in 2022, partly due to the boost from its acquisition of Japanese company Clarion.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.



Beware! Maximum cyber criminals eye your personal data

A report of the World Economic Forum revealed that cyber security is increasingly becoming an issue of public security as the majority of cyber criminals are increasingly targetting individual internet users. This requires preventive measur...

WEF 2020: Trump seems politically correct in pulling out from Paris Agreement

If the survey of the World Economic Forum WEF is believed, Trump seems to enjoy the confidence of his people in flaying climate intuitions and climate activists. His preference for economic development over environmental protection not only...

From home to healthcare, here are Robotic innovations transforming lives

Lovot is equipped with more than 50 sensors such as thermography, microphone array, obstacle detection, and touch sensor to generate motion and emotions in real-time....

Translating words to deeds: Achieving gender parity in access to financial resources

... ...


Latest News

Kerala Guv welcomes Congress plan to move resolution against

Welcoming the Opposition Congress plan to move a resolution against him in the state Assembly over the controversial Citizenship Amendment Act, Kerala Governor Arif Mohammed Khan on Saturday said he was functioning as per the Constitution. ...

HIGHLIGHTS-Tennis-Day six at the Australian Open

Highlights of the sixth day at the Australian Open, the first Grand Slam tournament of the year, on Saturday times AEDT GMT11 2024 MUGURUZA HITS TOP GEAR AGAINST SVITOLINAFormer world number one Garbine Muguruza, whose Australian Open prepa...

EU, 16 WTO members sign pact for interim appeal arrangement

The European Union and 16 WTO members including China and Australia have signed a pact to develop a multi-party interim appeal arrangement at the global trade body. The arrangement, signed on Friday on the sidelines of the World Economic Fo...

Tennis-Russian Rublev rallies past Goffin to continue winning streak

Russian Andrey Rublev extended his winning streak to 11-0 for the season after coming back from a set and a break down to defeat 11th seed David Goffin of Belgium 2-6 7-63 6-4 7-65 in the third round of the Australian Open on Saturday.The l...

Give Feedback