Nokia struck a deal to deploy a 5G network with the telecom company in Vietnam. DNB Bank, Norway's largest bank, agreed to acquire stakes in Carnegie Holding AB. JDE Peets NV confirmed its annual outlook and appointed a new chief executive.

EssilorLuxottica reported slower revenue growth after the weakness in Greater China weighed on sales growth in the Asia Pacific region. Brunello Cucinelli reported better-than-expected sales growth in a nine-month period. 

LVMH said nine-month sales declined following the weakness in China. ASML Holding lowered its annual revenue range outlook, citing demand weakness in China amid rising geopolitical tensions. Hammerson launched a stock repurchase plan.

LM Ericsson said net income in the quarter swung to a profit from a loss last year. Tele2 AB appointed a new chief executive. Oil explorers declined after crude oil prices plunged as much as 5% and extended recent losses to 10%.

China-linked luxury stocks, vehicle makers, and resource stocks edged lower after the China stimulus measure announcement underwhelmed investors. Mulberry Group soared after Frasers Group revised its possible takeover offer for the remaining stake in the company. 

Stellantis NV announced several key changes, including the appointment of a new chief executive, in a wide-ranging management shakeup. BP plc said weak refining margins and trading revenue will negatively impact its earnings. 

Deutsche Telekom plans to launch a stock repurchase program in 2025. BMW said global vehicle sales struggled amid weakness in China. GSK agreed to settle thousands of cases in the U.S. courts related to Zantac claims. 



Rio Tinto agreed to acquire Arcadium Lithium in an all-cash transaction valued at $6.7 billion. Continental AG said profitability in the third quarter is likely to improve despite sales challenges.

Vistry, the UK-based home builder, lowered its fiscal year profit estimate. Imperial Brands reaffirmed its annual outlook. Deutz AG said it plans to cut jobs amid the challenging macroeconomic environment. Luxury stocks, automakers, and resource stocks fell after China's fiscal measures fell short of expectations. 

Richemont agreed to sell its loss-making online operations to Germany-based Mytheresa. Heidelberg Materials entered into negotiations with Adani Group to sell its cement operations in India. 

Container shipping companies and port terminal operators plunged following reports that Israel is preparing to escalate its attack in Lebanon and expand to Iran. DSV said it completed its fund-raising to finance its purchase of Schenker from Deutsch Bahn. Alstom reaffirmed its annual outlook.

Tesco reported higher revenue and earnings in the first half and lifted its annual outlook. Vonovia confirmed steady cash inflow in the current year. Alstom won a large order for 12 high-speed trains. British Land plans to acquire several retail parks and finance the purchase through a secondary stock offering.

TotalEnergies announced a large investment in an oil exploration block off the coast of the Republic of Suriname. JD Sports reported record sales in the latest period and reiterated its annual outlook. 

Abu Dhabi-controlled ADNOC offered to acquire German chemical company Covestro for nearly €15 billion. Mulberry rejected a conditional offer from Frasers Group.



Volkswagen AG issued its second profit warning in three months, and Stellantis NV lowered its annual outlook, citing sales weakness in most regions.