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Eurofins slumps after Muddy Waters allegations
Shares in Eurofins Scientific plunged by more than a fifth on Monday after activist hedge fund Muddy Waters accused it of financial regularities, saying it had taken a short position in the stock because the German laboratory company was "optimised for malfeasance".
Europe midday: Shares extend gains; Eurofins in focus after Muddy Waters report
European stocks extend gains on Monday as investors eyed more interest rate decisions and regional GDP readings later in the week, while shares in French scientific laboratory group Eurofins Scientific slumped after a note published by US activist hedge fund Muddy Waters accused it of financial irregularities.
Apple found in breach of EU competition rules
Tech giant Apple has been charged with breaking new European Union laws over allowing small companies to compete on its app store.
Europe open: Shares edge higher ahead of rate calls, GDP data
European stocks opened slightly higher on Monday as investors eyed more interest rate decisions and regional GDP readings later in the week.
Prudential unveils $2bn share buyback
Prudential on Monday said it would return $2bn to investors via a share buyback to be completed by mid-2026.