European markets close higher as traders look ahead to Fed meeting; Philips up 29%
This is CNBC's live blog covering European markets.
Jenni Reid in asian news
Bank of England set to hold rates as Europe's central banks diverge from Fed
LONDON — The Bank of England is set to hold interest rates steady at its Thursday meeting, with traders expected to pore over the details of Governor Andrew Bailey's statement as anticipation builds for a potential summer rate cut.
Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on
Shares of Belgium's AB InBev rose 5% Wednesday morning after the company posted higher revenue and profit in the first quarter, as analysts said it had escaped the drag from a year-long boycott of its Bud Light brand relatively unscathed.
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
UBS on Tuesday reported a swing back to profit after two quarterly losses as it smashed first-quarter expectations, with results bolstered by higher wealth management revenues.
BP misses expectations as profits slip on weaker oil and gas prices
BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a "significantly weaker" margin in fuels and lower gas and oil prices.
Wegovy maker Novo Nordisk extends losses following first-quarter results
Shares of Danish pharmaceutical giant Novo Nordisk slid 2.5% on Friday, extending a 2.7% loss on Thursday as analysts pored over the details of the firm's first-quarter results and monitored a potential rival weight loss treatment.
Novo Nordisk beats profit estimates as sales of weight loss drug Wegovy more than double
Novo Nordisk, which became the most valuable company in Europe last year due to the blockbuster success of its weight loss drugs, on Thursday beat first-quarter profit expectations as demand for those medications boomed.
Europe stocks fall as earnings roll in; ING up 5%; traders react to Fed decision
This is CNBC's live blog covering European markets.
Privacy breach at Australian airline Qantas gives access to other customers' details
Qantas on Wednesday apologized after some customers using the Australian airline's app were shown the name, flight details and loyalty status of other passengers.