FTSE 100 Live: European Stocks Rise Despite Oil Rebound
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WTI Price Forecast: Downside likely towards $67 on Hormuz reopening hopes
West Texas Intermediate (WTI), futures on NYMEX, trades 0.45% lower to near $74 during the early European trading session on Thursday, closer to its three-week low of $73.51 posted the previous day.
Fed’s Cook says she’d support rate hike if disinflation stalls
Federal Reserve Governor Lisa Cook said she is “prepared to act” if inflation remains too high above the Fed’s target rate.
Commerzbank CEO Calls For Dialogue With UniCredit
Bettina Orlopp appealed for constructive dialogue with UniCredit after the Italian bank achieved a near majority stake in its German rival.
Zurich Insurance Earnings Boosted by Global Data Center Demand
Zurich Insurance Group AG reported a 13% gain in profit for the first half of 2026 as it saw accelerating demand across all businesses, boosted by global data center and energy infrastructure demand.
Swiss Re Profit Beats Estimates as Re-Insurer Boosts Cost Cuts
Swiss Re AG’s first-half profit beat estimates as the re-insurer saw all key business units perform in line with targets, while the firm announced a fresh round of cost cuts.
Rheinmetall Cuts Outlook After Losing Out on Naval Contract
Rheinmetall AG cut its sales forecast for this year as Germany’s biggest defense company deals with the fallout of losing a German naval contract worth several billion euros.