Europe

European Earnings Deliver Two-Speed Tape: Uniper EBITDA Doubles as IHG, Bellway and Salzgitter Slide

H1 2026 reporting season splits the European corporate complex — power and industrial technology names rally on capacity and data-center demand while hospitality, homebuilding and steel disappoint on margin and volume guidance.

A dense European reporting slate produced sharp single-stock dispersion. Uniper doubled first-half EBITDA and raised full-year guidance while flagging data-center-linked power demand as a strategic growth vector. TKH and ISS advanced, whereas InterContinental Hotels fell despite record development and 13% EPS growth, and Salzgitter and Bellway both slid on cyclical pressure.

German trade deficit with China widens as Beijing buys less European machinery

Data show Germany's goods trade gap with China increasing as Chinese manufacturers reduce reliance on European industrial suppliers.

ARYZTA first-half sales fall as German market weighs on results

The frozen bakery group reported lower half-year revenue, with weakness in Germany offset partly by held margins and accelerating cost savings.

European stocks drift lower as Hormuz tensions and U.S. data dominate

The FTSE 100 and continental indices slipped as traders weighed reported Iranian pressure on shipping through the Strait of Hormuz against a weakening U.S. labour market picture.

Europe counts economic cost of extreme summer weather

Analysis of Europe's summer points to measurable economic damage from heat, drought and related disruption across agriculture, transport and energy.

China opens regular Arctic container route, halving Europe–Asia transit times

The first regular container service via the 'Ice Silk Road' cuts voyage times between Europe and the Far East to about 20 days, bypassing the Suez Canal and Malacca Strait.