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Kingfisher issues profit warning on weaker French DIY market
B&Q owner Kingfisher on Monday warned current-year profit would fall short of expectations after it posted weaker earnings for 2023-24 as the home improvement market continued to lag behind demand for housing.
Mobico shares slump as Nat Express owner warns on profit
Shares in National Express owner Mobico slumped on Monday after the transport company issued a profit warning and said its annual results would be delayed further due to auditing issues at its German rail business.
Europe midday: Shares slide into red; Direct Line tanks as Ageas pulls out
European stocks slipped into the red on Monday ahead of the Easter long weekend as investors took stock of a slew of rate decisions last week and dovish comments from policy makers that sent the Stoxx 600 index to record highs.
Apple, Meta, Alphabet face EU probe under digital markets law
The European Union said it had started investigations into Google owner Alphabet, Apple and Meta over potentially uncompetitive practices.
Europe open: Stocks flat as investors digest recent rate moves
European stocks were flat at the open ahead of the Easter long weekend as investors took stock of a slew of rate decisions last week and dovish comments from policy makers that sent the Stoxx 600 index to record highs.