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Europe's STOXX 600 rises on tech rebound, set for weekly gains

UPDATE 1-Europe's STOXX 600 rises on tech rebound, set for weekly gains For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Luxury stocks boost France's CAC 40 Elisa slumps on unexpected Q3 revenue fall Intrum seeks US bankruptcy protection STOXX 600 up 0.3% Updated at 0840 GMT By Paolo Laudani and Ankika Biswas Oct 18 (Reuters) - Europe's STOXX 600 climbed on Friday, as tech stocks made a strong comeback at the end of a bumpy week, while th
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French luxury stocks top CAC 40 as market makes most of dip created by LVMH's miss

BUZZ-French luxury stocks top CAC 40 as market makes most of dip created by LVMH's miss ** Shares in French luxury stocks lead gains on France's CAC 40 .FCHI blue-chip index ** Shares in Kering PRTP.PA jump 4.4% and LVMH LVMH.PA rise more than 3%, while Hermes HRMS.PA is up 1.8% ** Bernstein analysts Luca Solca says LVMH's Q3 miss from Tuesday has
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European tech, luxury stocks tumble as ASML, LVMH results disappoint

UPDATE 2-European tech, luxury stocks tumble as ASML, LVMH results disappoint For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. France's CAC 40 underperforms peers on luxury drag Adidas drops amid broader selloff despite third 2024 outlook Spain's IBEX closes at highest since January 2010 ECB's interest rate decision due on Thursday Updated at 1600 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 16 (Reuters) - Europe's STOXX
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Luxury’s China wobble will accelerate M&A

BREAKINGVIEWS-Luxury’s China wobble will accelerate M&A The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Oct 16 (Reuters Breakingviews) - The luxury sector is headed for a new wave of M&A. On Wednesday, shares in $330 billion giant LVMH LVMH.PA fell 7% after it revealed the bleak state of consumer spending in China.
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LVMH shares hit by weak Q3 sales, dragging down luxury sector

UPDATE 2-LVMH shares hit by weak Q3 sales, dragging down luxury sector LVMH Q3 organic sales drop for first time since pandemic Fashion and leather goods business struggles in China Shares fall as much as 7%, erasing recent gains Adds further details from paragraph 6 PARIS, Oct 16 (Reuters) - Shares in LVMH LVMH.PA were on course for their biggest one-day drop in a year on Wednesday after the luxury bellwether missed third-quarter sales forecasts, dragging down the broader sector and erasing gai
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