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European stocks closed lower on Wednesday, weighed down by rising concerns about inflation due to high oil prices, slowing economic growth, and possibility of further monetary tightening by global central banks.
European stocks look set to open on a sluggish note Tuesday after markets in the U.S. were shut overnight for the Labour Day holiday. Asian markets were broadly lower as mainland Chinese and Hong Kong stocks slipped after posting strong gains the previous day on news of China lowering down-payment thresholds for both first-time and second-time homebuyers.
European stocks were broadly higher on Friday, as investors cheered signs of more stimulus from Beijing and data showing that the downturn in euro zone manufacturing eased last month.
European stocks traded mostly higher on Thursday amid hopes that the Federal Reserve is nearing the end of its tightening cycle. China reported downbeat PMI data, adding pressure on policymakers to roll out more stimulus measures.
Danone's Takoua Debeche talks about the B-corp's approach to climate change and food accessibility