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Strong Quarterly Results Help Restore the Mood in European Markets

July 2, 2023
in Trade Tube
Reading Time: 1 min read
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European markets got a boost on Thursday following the passage of more reforms through the Greek parliament that will allow bailout talks to move forward. A stream of positive quarterly results from the likes of Credit Suisse, Daimler, Unilever and less well-known names such as the specialty chemicals company Lanxess helped to buoy the mood in the markets. But, negative news from Europe’s largest listed asset manager Aberdeen Asset Management, which reported worse than expected outflows during the quarter. Soft drink maker Britvic bought Brazil’s EBBA. Meanwhile, education publisher Pearson confirmed it is in talks to sell the Financial Times and related business publications.

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