In afternoon trade in Europe, shares were down nearly 6% the second-largest faller on the Stoxx Europe 600 index. ...

Core Viewpoint - The U.S. jobless claims have decreased slightly, indicating that the labor market is managing to avoid an increase in layoffs despite a slowdown in hiring [1] Group 1: Labor Market Trends - Jobless claims in the U.S. have ticked lower, suggesting resilience in the labor market [1] - The labor market continues to show stability, with layoffs not rising despite weaker hiring conditions [1]

Core Viewpoint - The U.S. military is focusing on disrupting the shadow fleet of vessels transporting sanctioned crude oil from countries such as Venezuela [1] Group 1 - The U.S. military's actions are aimed at enforcing sanctions against countries that are involved in the illegal transportation of crude oil [1] - The shadow fleet consists of vessels that operate outside of international regulations, posing challenges to enforcement efforts [1] - Targeting these vessels is part of a broader strategy to curb the flow of sanctioned oil and maintain compliance with U.S. sanctions [1]

Group 1 - Aramark acquired a 90% stake in Entier early last year [1] - The deal combined two of the three major offshore catering suppliers in the U.K. [1]

Core Insights - The bank achieved record annual revenue in its primary sectors of investment banking and trading [1] Group 1 - The investment banking division contributed significantly to the overall revenue growth [1] - Trading activities also played a crucial role in reaching the record revenue figures [1]

Maersk will resume sailing through the Red Sea and Suez Canal following improved stability in the area, but said it will continue to monitor the security situation closely. ...

Group 1 - Boston Scientific has agreed to acquire Penumbra, a thrombectomy company, for approximately $15 billion in cash and stock [1] - This acquisition is aimed at strengthening Boston Scientific's cardiovascular portfolio [1]

Core Insights - The price of a premium subscription in the U.S. will increase from $11.99 to $12.99 per month [1] Pricing Strategy - The new subscription price represents an increase of approximately 8.34% [1]

The world's largest money manager posted net income of $1.13 billion, down 33% from a year earlier. ...

Core Insights - The chocolate brand plans to increase its advertising spending and leverage TikTok influencers to enhance its market presence [1] Group 1: Advertising Strategy - The company will boost its advertising budget to reach a wider audience and improve brand visibility [1] - Embracing TikTok influencers is part of the strategy to engage younger consumers and tap into trending social media platforms [1]