European automakers declined after China notched up its disagreement with the European Commission's latest investigation. Trainline plc announced a stock repurchase program. Nordex won a turbine order from renewable company in Spain.
Aviva Plc said it plans to exit from its Singlife joint venture in Singapore. Inditex, the owner of Zara, reported profit in the first-half jumped 40%. Hunting Plc reiterated its fiscal outlook for 2023 and 2024.
Associated British Foods lifted its full-year profit estimate for the second time in four months citing broad improvement in sales. Vallourec SA reiterated its full-year operating earnings estimate. Smurfit Kappa agreed to merge with the U.S. based WestRock.
Saipem, the Italian energy services company, won offshore energy field contracts. Capgemini acquired a unit of Exiger. The UK home builder Berkeley Group reiterated its annual earnings outlook.
Direct Line Insurance reported an operating loss in the first-half. Nestle acquired a chocolate brand in Brazil. ThyssenKrupp said its chief financial officer will step down next year.
Skanska AB won a highway improvement order in the U.S. Headlam Group reiterated its full-year outlook. Renault in focus ahead of its electric vehicle unit listing.
Delivery Hero reported an operating and net loss in the first-half. Orsted issued an impairment alert in its renewable energy portfolio in the U.S. Prudential Plc swung to a profit in the first-half after mainland China tourists arrivals to Hong Kong rebounded.
Chipmakers rallied after Nvidia reported record results. Hayes appointed a new chief executive. Norwegian Air reported a decline in quarterly earnings. Hunting widened its restructuring plan.
GN Store Nord cautioned about the difficult market conditions. Aegon NV swung to a net loss in the first-half. BAE Systems agreed to acquire
the aerospace business of Ball Corp.
Mining Companies declined and extended this year's losses above 20% after China reported weak new home sales. Alcon AG lifted 2023 outlook. Essentra Plc said first-half revenue declined.
Saltzgitter earnings fell sharply on weak steel prices and rising costs. UBS voluntarily terminated the loss protection agreement linked to the Credit Suisse merger. The Belgian insurer KBC Group reiterated its annual outlook after higher second quarter earnings.
ABN Amro postponed its stock repurchase plan to the fourth quarter. Hill & Smith Plc reported record first-half results. Coca Cola HBC reiterated its operating earnings outlook. Italian banks rebounded.
UniCredit and Intesa Sanpaolo were among the leading decliners in Italy after the windfall tax announcement. Bayer AG reported a net loss in the second quarter. Glencore Plc said first-half profit plunged on weak commodities prices.
UK home builders traded down on the ongoing housing market challenges. LSL Property issued a profit warning for the second half. Siemens Energy lowered its annual outlook.
