Market Pulse - Europe
Citi, Barclays set to trim investment banking headcounts
Banking giants Barclays and Citigroup were reportedly gearing up to trim their investment banking workforce, it emerged on Thursday, amid a slowdown in dealmaking activity within the sector.
Eurozone construction output increases in January
Eurozone construction output increased 0. 5% in January, according to preliminary reports from Eurostat.
Logitech shares slide on surprise CFO departure
Swiss computer accessories giant Logitech surprised markets on Monday, announcing that chief financial officer Charles Boynton would depart in May, having served in the role for just over a year.
Europe close: EU markets deliver mixed performance
European markets delivered a mixed performance on Friday while LPP Group shares were suspended after short seller Hindenburg Research claimed the Polish retailer’s Russian divestments were a "sham", causing the stock to plunge.
Adidas FY sales fall short of estimates
German sportswear giant Adidas reported full-year results that fell short of estimates on Wednesday as a result of the loss of its very profitable Yeezy line following the cessation of its long-running collaboration with Kanye West.
Ryanair cuts back schedule amid Boeing 737 MAX delays
Ryanair confirmed further setbacks in its aircraft delivery schedule on Friday, after Boeing announced a reduced number of 737 MAX-8200 deliveries.