Latest news with #CAC40
Business Wire
2 days ago
- Business
- Business Wire
Teleperformance: Implementation of the Share Repurchase Program
PARIS--(BUSINESS WIRE)--Regulatory News: As part of its share repurchase program, Teleperformance (TP) (Paris:TEP) has today awarded an investment services provider a mandate to acquire its own shares, for a maximum amount of €100 million over a period starting on June 23, 2025 and extending until November 5, 2025. The shares thus repurchased are mainly intended to be allocated to the cancellation objective. The description of the share buyback program is included in the Universal Registration Document for 2024 filed with the Autorité des Marchés Financiers on March 6, 2025 (No. 25-0074). About Teleperformance Group (TP) TP (TEP – ISIN: FR0000051807 – Reuters: - Bloomberg: TEP FP) is a global leader in digital business services which consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world's biggest brands and their customers. The Group's comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including operations consulting and high-value digital transformation services. It also offers a range of specialized services such as collections, interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread in close to 100 countries, as well as the Group's local presence allows it to be a force of good in supporting communities, clients, and the environment. In 2024, TP reported consolidated revenue of €10,280 million (US$11 billion) and net profit of €523 million. TP shares are traded on the Euronext Paris market, Compartment A, and are eligible for the deferred settlement service. They are included in the following indices: CAC 40, STOXX 600, S&P Europe 350, MSCI Global Standard and Euronext Tech Leaders. In the area of corporate social responsibility, TP shares are included in the CAC 40 ESG since September 2022, the Euronext Vigeo Euro 120 index since 2015, the MSCI Europe ESG Leaders index since 2019, the FTSE4Good index since 2018 and the S&P Global 1200 ESG index since 2017.
New Straits Times
3 days ago
- Business
- New Straits Times
Stocks drop, oil gains as Mideast unrest fuels inflation fears
LONDON: Stock markets mostly fell while oil prices rose as the Israel-Iran conflict added to fears over a renewed spike in inflation that could dent economic growth in major countries. Investors had already taken a cautious stance after the US Federal Reserve kept its interest rates unchanged and warned Wednesday that President Donald Trump's trade war could reignite inflation and dampen economic growth. "Equity markets were in the red across Europe and most of Asia," noted Russ Mould, investment director at AJ Bell, adding that investors were "spooked" by the escalating Israel-Iran conflict. "Oil prices have shot up in recent days and any disruptions to Middle East supplies could put them even higher and stoke inflation," he said. After gaining more than one per cent in Asian trading hours, crude futures fell back but remained higher compared with levels on Wednesday. As fears grow of direct US participation in the strikes on Iran, analysts said there was a risk that Tehran could shut the Strait of Hormuz, a key shipping lane through which an estimated fifth of global oil supply flows. "We don't see it as a likely scenario at this time, but... I think everybody should be watching," American Petroleum Institute president Mike Sommers told Bloomberg. The concerns over potential supply constraints boosted share prices of major energy companies Thursday. French oil and gas giant TotalEnergies topped the Paris CAC 40 blue-chip index, closing with a gain of 2.1 per cent, while British energy group BP advanced 1.4 per cent in London. US stock and bond markets are closed Thursday for the Juneteenth holiday, which commemorates the end of slavery in the United States in 1865. In Europe, several central banks took interest rate decisions on Thursday, warning that the risk of slowing growth was rising even as inflation slows. The Swiss National Bank cut rates by a quarter point to zero per cent, a move aimed at taming the Swiss franc, a haven that has soared against the dollar since Trump launched his tariff onslaught in April. For many investors that raised the prospect of a return to negative interest rates in Switzerland, to lower the franc but also encourage investment and spending to avert an economic slump. Despite the rate cut, the franc rose slightly against the dollar after the rate cut. "There are also significant downside risks to inflation from trade tensions as well as heightened geopolitical uncertainty, which could push up the value of the franc further," said Adrian Prettejohn, an economist at Capital Economics. Norway's central bank meanwhile made an unexpected cut to its benchmark rate, saying economic uncertainty was "greater than normal" because of escalating conflicts and trade tensions. And as widely expected, the Bank of England held its benchmark rate steady at 4.25 per cent but its governor Andrew Bailey indicated that further cuts were coming as the UK economy slows. "Interest rates remain on a gradual downward path," Bailey said, adding that "the world is highly unpredictable". The dollar traded mixed against main rivals Thursday after the Fed kept rates unchanged for a fourth consecutive meeting despite Trump's pressure on the central bank to lower borrowing costs. It cut its 2025 forecast for US economic growth and raised inflation and unemployment expectations, in its first updated projections since Trump unveiled in April his levies on imports. Fed chief Jerome Powell called the economy "still solid" but warned that "increases in tariffs this year are likely to push up prices and weigh on economic activity". Hong Kong led stock market losses in Asia, closing down two per cent, while Tokyo shed one per cent. Bangkok retreated as a political crisis involving Thailand's Prime Minister Paetongtarn Shinawatra put her government on the brink of collapse.
Nahar Net
3 days ago
- Business
- Nahar Net
Global shares decline as tensions simmer in the Middle East
by Naharnet Newsdesk 19 June 2025, 15:31 Global shares retreated Thursday as worries persisted about conflict in the Middle East. On the seventh day of a conflict that began with a surprise wave of Israeli airstrikes targeting military sites, senior officers and nuclear scientists, Iranian state media reported that Iran's foreign minister planned to meet with his European counterparts in Geneva. Meanwhile, Israel carried out strikes on Iran's Arak heavy water reactor, in its latest attack on Iran's sprawling nuclear program. The escalating warfare has shaken financial markets. France's CAC 40 slipped 0.8% in early trading to 7,593.06. In Germany, the DAX fell 0.9% to 23,141.82. Britain's FTSE 100 lost 0.5% to 8,797.24. The futures for the S&P 500 and the Dow Jones Industrial Average were 0.4% lower. The Federal Reserve opted Wednesday to keep its key interest rate unchanged, while its policymakers signaled they still expect to cut rates twice this year. They project that President Donald Trump's higher import duties will fuel inflation. They also expect growth to slow and unemployment to edge higher. The Bank of England likewise was expected to keep its key interest rate unchanged at 4.25% at its meeting Thursday, after cutting it twice this year. Switzerland's central bank cut its target interest rate by a quarter of a percentage point to zero on Thursday, saying that inflationary pressures have eased. It is among many central banks opting to go ahead and ease the cost of borrowing as uncertainty over Trump's tariffs and geopolitical crises threaten global growth. In Asian trading, Japan's benchmark Nikkei 225 shed 1.0% to finish at 38,488.34. Shares in Japan's Nippon Steel Corp. jumped 2.3% after it announced that its acquisition of U.S. Steel, which met U.S. government opposition for more than a year, was finally completed. Hong Kong's Hang Seng dropped 2.0% to 23,237.74 on heavy selling of tech-related shares, while the Shanghai Composite lost 0.8% to 3,362.11. Australia's S&P/ASX 200 was little changed at 8,523.70 and in South Korea, the Kospi rose 0.2% to 2,977.74. U.S. financial markets will be closed Thursday for the Juneteenth holiday. So far, U.S. inflation has remained relatively tame, and it's near the Fed's target of 2%. But economists have been warning it may take months to feel the effects of tariffs. And inflation has been feeling upward pressure recently from a spurt in oil prices because of Israel's fighting with Iran. Fed officials are waiting to see how big Trump's tariffs will ultimately be, what they will affect and whether they will drive a one-time increase to inflation or something more dangerous. There is also still deep uncertainty about how much tariffs will grind down on the economy's growth. "Because the economy is still solid, we can take the time to actually see what's going to happen," said Fed Chair Jerome Powell. "We'll make smarter and better decisions if we just wait a couple months or however long it takes to get a sense of really what is going to be the passthrough of inflation and what are going to be the effects on spending and hiring and all those things," he said. A report released Wednesday said fewer workers applied for unemployment benefits last week, possibly indicating fewer layoffs. But another said homebuilders broke ground on fewer homes last month than economists expected. That suggests higher mortgage rates may be casting a chill on the industry. In other dealings early Thursday, benchmark U.S. crude rose 13 cents to $73.63. Brent crude, the international standard, advanced 7 cents to $76.77 a barrel. Oil prices have been yo-yoing as fears rise and ebb that the conflict between Israel and Iran could disrupt the global flow of crude. Iran is a major producer of oil and also sits on the narrow Strait of Hormuz, through which much of the world's crude passes. In currency trading, the U.S. dollar rose to 145.46 Japanese yen from 145.13 yen. The euro cost $1.1476, down from $1.1484.
Rhyl Journal
4 days ago
- Business
- Rhyl Journal
Global shares decline as tensions simmer in the Middle East
On the seventh day of a conflict that began with a surprise wave of Israeli airstrikes targeting military sites, senior officers and nuclear scientists, Iranian state media reported that Iran's foreign minister planned to meet his European counterparts in Geneva. Meanwhile, Israel carried out strikes on Iran's Arak heavy water reactor, in its latest attack on Iran's sprawling nuclear programme. The escalating warfare has shaken financial markets. France's CAC 40 slipped 0.8% in early trading to 7,593.06. In Germany, the DAX fell 0.9% to 23,141.82. Britain's FTSE 100 lost 0.5% to 8,797.24. The futures for the S&P 500 and the Dow Jones Industrial Average were 0.4% lower. The Federal Reserve opted on Wednesday to keep its key interest rate unchanged, while its policymakers signalled that they still expect to cut rates twice this year. They project that US president Donald Trump's higher import duties will fuel inflation. They also expect growth to slow and unemployment to edge higher. The Bank of England likewise kept its key interest rate unchanged at 4.25% at its meeting on Thursday, after cutting it twice this year. Switzerland's central bank cut its target interest rate by a quarter of a percentage point to zero on Thursday, saying that inflationary pressures have eased. It is among many central banks opting to go ahead and ease the cost of borrowing as uncertainty over Mr Trump's tariffs and geopolitical crises threaten global growth. In Asian trading, Japan's benchmark Nikkei 225 shed 1.0% to finish at 38,488.34. Shares in Japan's Nippon Steel Corp jumped 2.3% after it announced that its acquisition of US Steel, which met US government opposition for more than a year, was finally completed. Hong Kong's Hang Seng dropped 2.0% to 23,237.74 on heavy selling of tech-related shares, while the Shanghai Composite lost 0.8% to 3,362.11. Australia's S&P/ASX 200 was little changed at 8,523.70 and in South Korea, the Kospi rose 0.2% to 2,977.74. US financial markets were closed on Thursday for the Juneteenth holiday, an annual federal holiday in the US. So far, US inflation has remained relatively tame, and it is near the Fed's target of 2%. But economists have been warning it may take months to feel the effects of tariffs. And inflation has been feeling upwards pressure recently from a spurt in oil prices because ofIsrael's fighting with Iran. Fed officials are waiting to see how big Mr Trump's tariffs will ultimately be, what they will affect and whether they will drive a one-time increase to inflation or something more dangerous. There is also still deep uncertainty about how much tariffs will grind down on the economy's growth. 'Because the economy is still solid, we can take the time to actually see what's going to happen,' Fed chair Jerome Powell said. 'We'll make smarter and better decisions if we just wait a couple months or however long it takes to get a sense of really what is going to be the passthrough of inflation and what are going to be the effects on spending and hiring and all those things,' he said. In other dealings early on Thursday, benchmark US crude rose 13 cents to 73.63 US dollars. Brent crude, the international standard, advanced 7 cents to 76.77 dollars a barrel. Oil prices have been yo-yoing as fears rise and ebb that the conflict between Israel and Iran could disrupt the global flow of crude. Iran is a major producer of oil and also sits on the narrow Strait of Hormuz, through which much of the world's crude passes. In currency trading, the US dollar rose to 145.46 Japanese yen from 145.13 yen. The euro cost 1.1476 dollars, down from 1.1484 dollars.
Glasgow Times
4 days ago
- Business
- Glasgow Times
Global shares decline as tensions simmer in the Middle East
On the seventh day of a conflict that began with a surprise wave of Israeli airstrikes targeting military sites, senior officers and nuclear scientists, Iranian state media reported that Iran's foreign minister planned to meet his European counterparts in Geneva. Meanwhile, Israel carried out strikes on Iran's Arak heavy water reactor, in its latest attack on Iran's sprawling nuclear programme. The escalating warfare has shaken financial markets. A dealer watches his computer monitors showing the Korea Composite Stock Price Index (Lee Jin-man/AP) France's CAC 40 slipped 0.8% in early trading to 7,593.06. In Germany, the DAX fell 0.9% to 23,141.82. Britain's FTSE 100 lost 0.5% to 8,797.24. The futures for the S&P 500 and the Dow Jones Industrial Average were 0.4% lower. The Federal Reserve opted on Wednesday to keep its key interest rate unchanged, while its policymakers signalled that they still expect to cut rates twice this year. They project that US president Donald Trump's higher import duties will fuel inflation. They also expect growth to slow and unemployment to edge higher. The Bank of England likewise kept its key interest rate unchanged at 4.25% at its meeting on Thursday, after cutting it twice this year. Switzerland's central bank cut its target interest rate by a quarter of a percentage point to zero on Thursday, saying that inflationary pressures have eased. It is among many central banks opting to go ahead and ease the cost of borrowing as uncertainty over Mr Trump's tariffs and geopolitical crises threaten global growth. US financial markets were closed on Thursday for the Juneteenth holiday (Yuki Iwamura/AP) In Asian trading, Japan's benchmark Nikkei 225 shed 1.0% to finish at 38,488.34. Shares in Japan's Nippon Steel Corp jumped 2.3% after it announced that its acquisition of US Steel, which met US government opposition for more than a year, was finally completed. Hong Kong's Hang Seng dropped 2.0% to 23,237.74 on heavy selling of tech-related shares, while the Shanghai Composite lost 0.8% to 3,362.11. Australia's S&P/ASX 200 was little changed at 8,523.70 and in South Korea, the Kospi rose 0.2% to 2,977.74. US financial markets were closed on Thursday for the Juneteenth holiday, an annual federal holiday in the US. So far, US inflation has remained relatively tame, and it is near the Fed's target of 2%. But economists have been warning it may take months to feel the effects of tariffs. And inflation has been feeling upwards pressure recently from a spurt in oil prices because of Israel's fighting with Iran. Fed officials are waiting to see how big Mr Trump's tariffs will ultimately be, what they will affect and whether they will drive a one-time increase to inflation or something more dangerous. There is also still deep uncertainty about how much tariffs will grind down on the economy's growth. 'Because the economy is still solid, we can take the time to actually see what's going to happen,' Fed chair Jerome Powell said. 'We'll make smarter and better decisions if we just wait a couple months or however long it takes to get a sense of really what is going to be the passthrough of inflation and what are going to be the effects on spending and hiring and all those things,' he said. In other dealings early on Thursday, benchmark US crude rose 13 cents to 73.63 US dollars. Brent crude, the international standard, advanced 7 cents to 76.77 dollars a barrel. Oil prices have been yo-yoing as fears rise and ebb that the conflict between Israel and Iran could disrupt the global flow of crude. Iran is a major producer of oil and also sits on the narrow Strait of Hormuz, through which much of the world's crude passes. In currency trading, the US dollar rose to 145.46 Japanese yen from 145.13 yen. The euro cost 1.1476 dollars, down from 1.1484 dollars.
