Radiocor News

Europe shares end higher as Powell says Fed will cut rates -2-

(Il Sole 24 Ore Radiocor) - London, 23 Aug - In European stock market dealings, oil stocks rose as crude prices recovered after losses in recent sessions.

TotalEnergies gained 0.88% at 62.16 euros in Paris trade and Eni closed 1.36% higher at 14.60 euros in Milan.

In Zurich, shares of Swiss food giant Nestle rose 0.11% at 89.54 Swiss francs following the announcement CEO Mark Schneider will step down on September 1 after eight years at the company. He will be succeeded by Laurent Freixe, currently executive vice president and CEO of the LATAM zone.

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(RADIOCOR) 23-08-24 18:30:58 (0425) 5 NNNN

 


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