Spain's benchmark stock index, the IBEX 35, closed significantly higher on Thursday, buoyed by strong performance in the financial services and construction sectors. Banking giant BBVA reached an all-time high, leading the gains.
European soccer's governing body and its 55 member nations have unanimously voted to boycott all FIFA competitions, including the World Cup, in a major escalation against plans to sell a stake in the tournaments to private investors.
Mizuho raised its price target on EyePoint (EYPT) to $39, citing a high-stakes Phase 3 data readout for its wet AMD drug Duravyu as a major potential catalyst with significant upside.
Portugal's benchmark stock index, the PSI, closed higher on Thursday, gaining 1.07% as strong performances from financial and industrial companies lifted the market. Banco Comercial Portugues was among the top performers, while energy firm Galp lagged.
A group representing film producers has asked the UK government to investigate the proposed merger of Paramount and Warner Bros. Discovery, warning the deal could consolidate control over the vast CNN and CBS News archives and restrict access for documentary makers.
The world's largest music company reported a significant rise in second-quarter revenue, driven by its acquisition of Downtown Music and increased prices for streaming services, though profits and cash flow declined.
A federal judge has dismissed the majority of a customer class-action lawsuit against Coinbase, ruling the exchange was not the 'seller' for most transactions alleged to be unregistered securities. The decision provides significant legal clarity for the company's primary business model.
Sustainable fashion brand Reformation has gone public, with its shares beginning to trade at $15, matching the price set in its initial public offering.
Hyatt Hotels stock dropped sharply after the company lowered its full-year outlook for net rooms growth, a critical investor metric, and cited pressures from conflict in the Middle East and a slow recovery in Mexico.
