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Europe s Big Banks and Pharma Giants Defy Odds of Decline
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Shell, BP Keep Pace of Stock Buybacks Steady After 2023 Retreat
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Germany May Be Europe s Achilles Heel in First-Quarter Earnings
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(Bloomberg) Investors glancing at Germany’s benchmark DAX Index, hovering near a record high reached earlier in March, might be forgiven for thinking companies in Europe’s largest economy are firing on all pistons.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealBut closer inspect
(Bloomberg) Runaway demand for Novo Nordisk A/S’s diabetes and weight-loss drugs has propelled the Danish drugmaker into a class all its own atop Europe’s pharmaceutical sector — and the Stoxx Europe 600 Index — so achieving its 2023 targets should be a shoo-in when it reports next week.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageUS Extends Lead Over China in Race for World’s Biggest EconomyTesla Sinks After Warning About ‘Notably Lower’ Growth RateJPMo