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H&M shares jump 14% as profit smashes expectations

The Swedish retailer significantly beat profit expectations for its fiscal first quarter.

Helena helmerssonHm groupH ampm hennes amp mauritz abBreaking news marketsBusiness news

European markets live updates: stocks, news, data and earnings

European stocks are heading for a flat open Wednesday as market momentum wanes. They're set to start today's session in flat territory.

Ganesh raoBreaking news europeStoxx 600United statesH ampm hennes amp mauritz abIndustria de diseno textil saBusiness news

European markets live updates: stocks, news, data, Fed

European stocks opened higher Wednesday as global markets look ahead to the latest monetary policy decision from the U.S. Federal Reserve.

Luke tilleyKingsley jonesGanesh raoFederal reserveNovo nordiskBanco santanderJevons globalHong kong listedWilmington trustMiddle eastBreaking news europeStoxx 600Economic eventsCme group incJerome powellNovartis ag

Shein rejects Amazon clone talk as it prepares for U S listing

Shein is not positioning itself as an Amazon "clone" ahead of its U.S. public listing later this year, the company's head of strategic communications told CNBC.

Switzerland generalPeter pernotWorld economic forum in davosPeter pernot dayWorld economic forumBreaking news technologyRetail industryBreaking news businessH ampm hennes amp mauritz abAmazon com incBusiness news

Barclays reveals 10 debt-laden stocks at risk of higher interest rates

The Wall Street bank believes refinancing debt at higher rates could hit earnings by 3% to 5% over the next two years, impacting stocks.

Fastighets balderMatthew joyceZoso daviesDassault systemesWall streetPremier innVonovia seH ampm hennes amp mauritz abAdecco group agBasf seDassault systemes seBarclays plcBusiness news

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