Jenni Reid

1 week ago | cnbc.com | Jenni Reid

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump's tariffs, the company's finance chief said Thursday. The company — which earlier this week overtook rival LVMH as the world's biggest luxury firm by market capitalization — is known for products including Birkin and Kelly handbags, along with colorful scarves retailing for hundreds of dollars.

1 week ago | nbcchicago.com | Jenni Reid |Holly Ellyatt

This is CNBC's live blog covering European markets. European markets pared losses but remained in negative territory on Thursday following the European Central Bank's decision to cut interest rates. The Stoxx 600 index was down 0.5% at 12:55 p.m. London time, with all sectors bar oil and gas declining. Shares of Siemens Energy popped 13% after it upgraded its fiscal 2025 outlook.

1 week ago | nbcchicago.com | Jenni Reid |Holly Ellyatt

This is CNBC's live blog covering European markets. European markets pared losses but remained in negative territory on Thursday following the European Central Bank's decision to cut interest rates. The Stoxx 600 index was down 0.5% at 12:55 p.m. London time, with all sectors bar oil and gas declining. Shares of Siemens Energy popped 13% after it upgraded its fiscal 2025 outlook.

1 week ago | nbcwashington.com | Jenni Reid |Holly Ellyatt

This is CNBC's live blog covering European markets. European markets are heading for a negative open Wednesday as uncertainty over the direction of U.S. trade tariffs dents sentiment. The U.K.'s FTSE 100 index is expected to open 33 points lower at 8,217, Germany's DAX down 53 points at 21,174, France's CAC 53 points lower at 7,279 and Italy's FTSE MIB 168 points lower at 34,814, according to data from IG.

1 week ago | nbcchicago.com | Holly Ellyatt |Jenni Reid

This is CNBC's live blog covering European markets. European markets slipped into the red on Wednesday as uncertainty over the direction of U.S. trade tariffs continued to dent sentiment. The pan-European Stoxx 600 index was 0.6% lower at 1:31 p.m. U.K. time following two strong session gains. Critical chip firm ASML dropped 4.6% after it missed expectations on net bookings and flagged uncertainty around U.S. trade. Industry peer ASM International was pulled 3.8% lower.