Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
J.P. Morgan economists said they now see a much slower economy in the second quarter, with growth of just 1%.Market Insiderread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
Rep. Chip Roy, R-Texas, has objected to a $19.1 billion disaster relief bill that was expected to pass unanimously Friday. The bill is likely to next be considered when...Politicsread more
The markets have been slow to recognize the high-stakes game that's playing out on the world stage.Economyread more
An altered video of House Speaker Nancy Pelosi made rounds on social media this week, which critics used to attack her mental state.Technologyread more
Stocks were headed for weekly losses on Friday as investors worry the U.S.-China trade war is hurting economic growth.US Marketsread more
One of the biggest Chinese chipmakers is delisting from the New York Stock Exchange amid the trade war, but the company said the decision is not related to the intensifying...Marketsread more
President Donald Trump, his businesses and members of his family on Friday appealed a federal judge's decision that Deutsche Bank and Capital One can turn over years of...Politicsread more
While the holiday generally marks a big sales push, this year it comes as cars are sitting on dealer lots longer before getting sold.Personal Financeread more
Facebook's founder Mark Zuckerberg has held talks with the Winklevoss twins, his old rivals, about the social media giant's developing digital currency, the Financial Times...Bitcoinread more
European stocks closed higher Wednesday as investors took stock of a series of corporate announcements from across the continent.
The pan-European Stoxx 600 rose 0.77 percent with all sectors were trading in the black.
Technology stocks were the best performing, rising more than 2 percent, maintaining the upwards momentum seen since the start of the year. They were followed closely behind by household goods after Electrolux reported forecast-beating second-quarter results. The stock was more than 3 percent on the news.
The home appliance manufacturer was among several Swedish firms to dominate the top of the European benchmark in afternoon deals. Telecoms company Tele2 was up more than 6 percent after raising its 2017 core profit guidance on the back of strong second-quarter results. Swedbank was also higher on the back of forecast-beating results. Swedish truck manufacturer Volvo Group sunk more than 3 percent, however, after missing second-quarter truck margins.
In other stocks news, BP announced Tuesday that it is considering an initial public offering of its U.S. Midwest and Gulf Coast pipeline assets. This revives a plan first broached five years ago, before a major slump in crude prices. The stocks was little changed by the end of the trading day.
British consumer goods company Reckitt Benckiser Group was up more than 1 percent after it was revealed that it would sell its foods business to McCormick & Co for $4.2 billion.
British defense technology company Qinetiq sunk to the bottom of the benchmark, down 9.5 percent, after reporting missing new order estimates. The news came as new data from IHS Markit pointed to an anticipated decline in defense exports in 2018.
Elsewhere, Akzo Nobel has said that its Chief Executive Ton Beuchner is to step down due to health reasons. He is to be replaced by current Chemicals Division Chief Thierry Vanlancker. The outgoing chief earlier this year repelled a takeover attempt from U.S. rival PPG Industries. The stock rose 0.5 percent.
On Wall Street, stocks traded higher on Wednesday as investors digested key housing data and more quarterly earnings.
The S&P 500 hit a record intraday high at the open, the Nasdaq composite advanced 0.38 percent and also notched a record high. The Dow Jones industrial average traded just above breakeven, with IBM shaving off 45 points from the index.
Follow CNBC International on and Facebook.