{"id":53293,"date":"2021-10-22T14:20:53","date_gmt":"2021-10-22T10:20:53","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53293"},"modified":"2021-10-22T14:20:57","modified_gmt":"2021-10-22T10:20:57","slug":"business-results-lead-european-shares-higher","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/business-results-lead-european-shares-higher\/10\/22\/market-updates\/","title":{"rendered":"Business Results Lead European Shares Higher"},"content":{"rendered":"\n<p>European markets opened the session higher, as global sentiment was unexpectedly boosted by interest payments from debt-laden China&#8217;s Evergrande Group, while L&#8217;Or\u00e9al&#8217;s strong earnings and tech shares further supported it.<\/p>\n\n\n\n<p>The Stoxx 600 index of European shares rose 0.2%, while Asian shares rose after news that the Chinese real estate developer transferred money to pay interest on dollar bonds, days before the expiration of a deadline that would have entered the troubled company into an official default.<\/p>\n\n\n\n<p>The European Personal and Home Goods Index and Technology Stock Index were among the top gainers, each gaining 0.7%.<\/p>\n\n\n\n<p>Shares of French cosmetics company L&#8217;Oreal rose 5.4%, after it reported strong profit growth thanks to demand for its luxury products and growth in China.<\/p>\n\n\n\n<p>Shares of France&#8217;s Renault fell 1.2%, after the automaker said production losses this year would be much larger than previously expected due to a global shortage of chips.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European markets opened the session higher, as global sentiment was unexpectedly boosted by interest payments from debt-laden China&#8217;s Evergrande Group, while L&#8217;Or\u00e9al&#8217;s strong earnings and tech shares further supported it. The Stoxx 600 index of European shares rose 0.2%, while Asian shares rose after news that the Chinese real estate developer transferred money to pay &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6864],"class_list":["post-53293","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53293"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53293\/revisions"}],"predecessor-version":[{"id":53294,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53293\/revisions\/53294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30900"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}