European shares wilted as traders ramped up interest rate hike bets following hawkish comments from central bank officials, while German software giant SAP and French luxury goods company Kering fell after reporting first-quarter results.
Renault, the Western carmaker most exposed to the Russian market, reported lower first-quarter revenues due to the war in Ukraine and a semiconductor shortage, partially offset by higher prices and rising electric vehicle (EV) sales.
(Reuters) -Oil prices extended losses on Friday, burdened by the prospect of interest rate hikes, weaker global growth and COVID-19 lockdowns in China hurting demand, even as the European Union weighed a ban on Russian oil.
Swiss elevator and escalator maker Schindler reported on Friday a drop in first-quarter net profit, but beat the company's consensus forecast, despite supply chain woes, cost inflation, lockdowns and market contraction in China.
French-Italian eyewear group EssilorLuxottica SA reported a sharp rise in first-quarter revenue on Friday, helped by strong performance across most regions.
ZURICH (Reuters) -Holcim raised its full-year sales outlook on Friday after the world's biggest cement maker beat analyst forecasts for sales and profit during the first quarter.
Swedish truck maker AB Volvo reported a surprise rise in first-quarter core earnings on Friday, as it juggled strong market demand with a strained supply chain that put a cap on its ability to fill up order books.
China receives US equipment to make advanced chips despite new rules - report
China receives US equipment to make advanced chips despite new rules-report
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
Google's expert in US antitrust trial defends billions paid to device makers
Post-strike Hollywood rushes to get film, TV sets humming
