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Mike Ashley’s Frasers Group has defended its use of insolvency deals to buy struggling retailers, as it scours the high street for more purchases.

Subscription only:

https://www.thetimes.com/business-money/companies/article/frasers-defends-insolvency-deals-after-matchesfashion-collapse-bdxqhv5cp

Mike Ashley’s Frasers Group has defended its use of insolvency deals to buy struggling retailers, as it scours the high street for more purchases.

Subscription only:

https://www.thetimes.com/business-money/companies/article/frasers-defends-insolvency-deals-after-matchesfashion-collapse-bdxqhv5cp

Most major stock indexes in Europe traded with losses during premarket hours on Monday as concerns about tariffs lingered over the markets, with US President Donald Trump's August 1 deadline to implement a 30% tariff on goods imported from the EU nears. Further, US Commerce Secretary Howard Lutnick hinted at a possible baseline 10% tax on smaller economies.

The DAX lost 0.35%, while the FTSE 100 was down by 0.10% and the Euro Stoxx 50 lost 0.31% at 8:00 am CET. Simultaneously, the CAC 40 was flat.

The euro traded flat against the dollar, going for $1.16344 at 7:58 am CET. At the same time, the pound was 0.11% higher compared to the greenback to sell for $1.34242.

Baha Breaking News (BBN) / RR

Happy Monday y’al

19.14

2.14 (+12.59%)

Equities in Europe traded higher in Friday's premarket ahead of yet more economic reports, this time on Germany's producer prices and the Eurozone's construction output.

The DAX increased by 0.46% at 8:00 am CET. The FTSE 100 gained 0.25%. The CAC 40 rose by 0.48%. The Euro Stoxx 50 grew by 0.39%.

The euro went up by 0.18% against the United States dollar at 7:58 am CET to sell for $1.16174. Meanwhile, the pound sterling stood flat against the greenback to change hands for $1.34149.

Baha Breaking News (BBN) / JR

Happy Friday y’al

Enjoy your weekend 💃🕺

Major European stock futures traded higher on Thursday in the premarket hours, ahead of several earnings reports scheduled for release later in the day. Earlier today, Novartis announced its earnings for the second quarter, reporting that its net sales increased by 11% to $14.05 billion. On the economic front, investors will be awaiting data on the United Kingdom's unemployment rate and latest inflation figures from the euro area.

At 8:00 am CET the DAX advanced by 0.83% as the FTSE 100 added 0.77%. At the same time, the Euro Stoxx 50 jumped by 1.23%, while the CAC 40 gained 1.07% at 8:02 am CET.

The euro traded 0.21% lower against the dollar as the pound lost 0.20% versus the greenback at 7:59 am CET, going for $1.16184and $1.33932, respectively.

Baha Breaking News (BBN) / KM

Equities in Europe traded mostly lower on Wednesday ahead of a new series of data, including that on the United Kingdom and Italy's inflation, as well as the Eurozone's trade balance.

The DAX decreased by 0.54% or 130 points at 8:00 am CET. Simultaneously, the CAC 40 declined by 0.67%. The Euro Stoxx dropped by 0.38%. Meanwhile, the FTSE 100 stood flat.

The euro grew by 0.16% against the dollar at 7:58 am CET to sell for $1.16193. The pound sterling increased by 0.11% against the United States currency to go for $1.33985.

Baha Breaking News (BBN) / JR

Happy hump y’al 🐪🐫

Major European stock markets traded higher during premarket on Tuesday after United States President Donald Trump said that representatives from the European Union will be coming to the US to discuss trade relations and his recently announced 30% tariff on EU goods.

The DAX rose by 0.27% at 8:00 am CET, and the FTSE 100 increased by 0.23%. At the same time, the CAC 40 advanced by 0.52%, while the Euro Stoxx 50 climbed by 0.45% at 8:01 am CET.

The euro gained 0.19% against the dollar at 7:58 am CET to go for $1.16858. Meanwhile, the British pound was flat compared to the dollar and went for $1.34374 at 7:59 am CET.

Baha Breaking News (BBN) / SM

Major stock equities in Europe traded premarket on Monday after United States President Donald Trump imposed a 30% tariff on the European Union over the weekend. The bloc remained hopeful that a deal could still be reached with Washington, but indicated it was prepared to enact counter-measures.

The DAX 0.75% and the pan-European Euro Stoxx 50 slumped 0.58%. Simultaneously, the CAC was flat and the FTSE fell 0.15%.

The euro weakened 0.17% against the dollar at 7:59 am CET to go for $1.16715, and the pound declined 0.25% against the same currency to exchange for 1.34654$.

Baha Breaking News (BBN) / MY

Happy Monday y’al

Most major stock indexes in Europe traded with loses during premarket hours on Friday as investors awaited upcoming US trade deal announcements while assessing recent announcements of US tariffs. Additionally, market watchers anticipated multiple economic reports, including the UK's GDP data, industrial output and trade balance figures, along with French inflation numbers.

The DAX lost 0.25%, while the FTSE 100 was down by 0.14% at 8:00 am CET. Simultaneously, the CAC 40 improved by 0.29%, and the Euro Stoxx 50 slumped by 0.28%.

The euro traded 0.2% below the dollar, going for $1.16775 at 7:58 am CET. At the same time, the pound was flat compared to the greenback to sell for $1.35619.

Baha Breaking News (BBN) / RR

Happy Friday y’al

Enjoy your weekend. 💃🕺🍾

Major European indexes were poised for gains in early trading on Thursday, as investors seemed to look past the challenges posed by US tariffs. Following yesterday’s close, Porsche from Germany said that US tariffs set for April and May might slash around €300 million ($352 million) from its second-quarter results. Markets' attention today turns to key economic data, including German inflation figures for June and Italy’s industrial output for May.

At 8:00 am CET, the FTSE 100 gained 0.45%. The Euro Stoxx 50 advanced by 0.18%. The DAX increased 0.18%. The CAC 40 rose 0.24%.

The euro and British pound traded both 0.16% higher than the dollar at 7:58 am CET, going for 1.17394 and 1.36084, respectively.

Baha Breaking News (BBN) / AC

Most major European stock markets traded higher during premarket hours on Wednesday as investors evaluated potential new trade agreements between the United States and its trading partners, coinciding with today's initial tariff reduction deadline. The United States has already dispatched "letters" to 14 nations detailing future trade duties set to take effect on August 1. Meanwhile, European investors remain focused on potential US-EU trade negotiations, with market speculation suggesting a deal announcement could be near.

The DAX rose by 0.10% at 8:00 am CET, the CAC 40 climbed by 0.56% and the Euro Stoxx 50 advanced by 0.18% at 8:01 am CET. Meanwhile, the FTSE 100 traded flat.

The euro traded flat against the dollar at 7:59 am CET, to sell for $1.13053. Simultaneously, the British pound was up by 0.22% compared to the dollar and sold for $1.33227.

Baha Breaking News (BBN) / RR

Happy hump y’al 🐪🐫

Major stock indexes in Europe traded mixed during premarket on Tuesday as investors digested the latest trade announcements by United States President Donald Trump, who notified several countries of the tariffs he will impose on their exports starting August 1. The markets anticipated a potential trade deal between the US and the European Union, after US President Donald Trump had a "good exchange" with European Commission President Ursula von der Leyen regarding trade, amid reports of Washington proposing a 10% baseline tariff on the bloc's goods.

The DAX slipped by 0.18% at 8:00 am CET, while the FTSE 100 lost 0.12% at the same time. A minute later, the CAC 40 increased by 0.40%, while the Euro Stoxx 50 rwas flat at 8:01 am CET.

The euro gained 0.23% against the dollar at 7:58 am CET and sold for $1.17349. Meanwhile, the pound was up 0.21% compared to the dollar, selling for $1.36292 at 7:59 am CET.

Baha Breaking News (BBN) / SM

Major stock markets in Europe traded mixed during premarket on Monday after United States Treasury Secretary Scott Bessent warned yesterday that his country will impose its tariffs from April 2 again on August 1 for all countries that have not reached a trade deal with Washington. The US also reportedly notified the European Union that it will impose a 17% tariff on the bloc's food exports if no agreement is reached by the July 9 deadline.

The DAX was flat at 8:00 am CET, while the FTSE 100 decreased by 0.14% at the same time. The CAC 40 advanced by 0.43% at 8:01 am CET, and the Euro Stox 50 climbed by 0.11%.

The euro was flat against the dollar at 7:58 am CET to go for $1.17730. Meanwhile, the pound was down 0.17% compared to the dollar and sold for $1.36233 at 7:59 am CET.

Baha Breaking News (BBN) / SM

Happy Monday y’al

Major stock markets in Europe traded mostly lower during premarket on Friday as investors digested Germany's report on factory orders and awaited French and Spanish reports on their industrial output, and the Eurozone's data on producer prices. The focus was also on the United Kingdom's construction activity report, as well as Italy's retail sales and Swiss unemployment figures.

The DAX declined by 0.47% at 8:00 am CET, while the FTSE 100 slipped by 0.29%. At the same time, the CAC 40 was flat, and the Euro Stoxx 50 decreased by 0.54% a minute later.

The euro gained 0.23% against the dollar and sold for $1.17843 at 7:58 am CET. Meanwhile, the British pound was up by 0.14% at 7:59 am CET, going for $1.36759.

Baha Breaking News (BBN) / SM

Happy Friday y’al

Enjoy your weekend 💃🕺🍾

*Nasdaq & New York Stock Exchange closed today

Major stock indexes in Europe were mostly higher in premarket trading on Thursday as investors awaited a slew of economic data reports, including Swiss inflation figures and services PMI data from across the continent, as well as the jobs report from the United States, set to be released a day earlier due to the Fourth of July holiday.

The pan-European Euro Stoxx 50 gained 0.13% at 8:01 am CET, the CAC 40 climbed 0.46% and the FTSE 100 was up 0.27%, while the DAX was flat at the same time.

The euro and the pound both traded flat against the dollar, going for 1.17954 and 1.36389, respectively, at 7:58 am CET.

Baha Breaking News (BBN) / NP

Amazon.com Inc. founder and executive chair Jeff Bezos sold more than 3.3 million shares of the company in late June, generating about $736.7 million before taxes.

The transactions took place on June 27 and June 30 at prices ranging from $221.41 to $223.56 per share, according to a regulatory filing submitted to the United States Securities and Exchange Commission (SEC).

The transactions mark his first stock sale of 2025. After the move, Bezos retains ownership of over 905 million Amazon shares.

Baha Breaking News (BBN) / NL

Major stock indexes in Europe traded with gains during premarket hours on Wednesday as investors focused on economic forecasts by central bankers gathered in Sintra, Portugal, for the European Central Bank (ECB) Forum on Central Banking. ECB President Christine Lagarde welcomed the latest inflation reading for the Eurozone, stressing that the 2% inflation target had been reached, but warned that the mission was not yet accomplished. Meanwhile, Bank of England Governor Andrew Bailey said that interest rates will remain on a downward path.

The DAX added 0.30%, while the FTSE 100 advanced by 0.31% at 8:00 am CET. Simultaneously, the CAC 40 improved by 0.63%, and the Euro Stoxx 50 rose by 0.53%.

The euro traded 0.16% below the dollar, going for $1.17876 at 7:58 am CET. At the same time, the pound was flat compared to the greenback to sell for $1.37369.

Baha Breaking News (BBN) / JJ

Happy hump y’al 🐪🐫

Major European stock futures traded flat to higher on Tuesday in the premarket hours, as investors assessed current global trading developments. Meanwhile, the United States is pushing for limited trade deals as a 90-day reprieve for United States President Donald Trump's tariffs expires next week, the Financial Times reported earlier. On the economic front, several data reports will be released later today, with the euro zone preliminary inflation report for June in the spotlight.

At 8:00 am CET the CAC 40 gained 0.46%, while the Euro Stoxx 50 added 0.21%. At the same time, the DAX and the FTSE 100 trade flat.

Both the euro and pound traded flat against the dollar at 7:58 am CET, selling for $1.17873 and $1.37465, respectively.

Baha Breaking News (BBN) / KM

Q3 y’al

European stock indexes traded mostly in the green during premarket hours on Monday as investors focused on key economic data. Namely, the latest report showed that the United Kingdom's economy grew 0.7% in the first quarter. Additionally, new Italian and German inflation figures are set to be released later in the day.

The DAX added 0.11% at 8:00 am CET. At the same time, the CAC 40 advanced by 0.41%, and the Euro Stoxx 50 improved by 0.23%. On the other hand, the FTSE 100 was flat.

The euro traded flat against the dollar to sell for $1.17246 at 7:58 am CET. Simultaneously, the pound gained 0.07% compared to the greenback, going for $1.37276.

Baha Breaking News (BBN) / JJ

Happy Monday y’al