Software maker Dassault Systèmes falls 8% as AI fears persist; Europe markets edge higher

European markets traded higher on Monday, as investors digest the key points from this year’s Munich Security Conference. The pan-European Stoxx 600 was up 0.2% at 10:25 a.m. in London (5:25 a.m. ET), with major bourses and most sectors in the region in positive territory. Trading of Dassault Systemes shares were briefly halted Monday after … Read more

Stellantis shares plunge 27% after automaker announces $26 billion hit from business overhaul

Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025.  Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26 … Read more

Europe poised to water down landmark 2035 ban on new diesel and gasoline cars

A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images The European Union on Tuesday is expected to water down its effective ban on sales of new combustion-engine cars from 2035, after lobbying efforts from Germany, … Read more