European stocks advanced on Monday ahead of a busy week of earnings, economic data releases and central bank meetings. The Federal Reserve, Bank of Japan and Bank of England all are set to announce their monetary policy decisions this week.
By Giulia Petroni Shares in Siemens Energy jumped on Monday after Supervisory Board Chairman Joe Kaeser said in an interview with newspaper Welt am Sonntag.
European shares opened the week on a
strong footing, boosted by a drop in bond yields with investors
assessing key inflation data, while Siemens Energy shares
extended recovery on continued talks over.
(Bloomberg) Siemens Energy AG climbed the most on record after supervisory board chairman Joe Kaeser pushed back against suggestions the troubled turbine maker may need a taxpayer-funded bailout from the German government.Most Read from BloombergIsrael Latest: War Intensifies as Netanyahu Faces Calls to QuitIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursRussia Shuts Airport After Mob Encircles Flight From IsraelIsrael-Hamas War Escalation Puts Qatar’s Clout to the TestHedge Funds Pi