"The way it would be, we're more than half way through if you actually saw the deal being approved by the Parliament."Business software group SAP's shares gained 2.5 per cent after saying it had reached a three-year deal with Microsoft to help its enterprise customers move their business processes into the cloud. The company also reiterated its forecast for the year and through to 2023.
Aiding sentiment, a White House official said that US tariffs scheduled for December on Chinese goods could be withdrawn if negotiations continue to go well. Companies listed in Stoxx 600 are expected to report a 3.7 per cent drop in third-quarter earnings, worse than the 3 per cent fall expected a week ago, according to Refinitiv IBES data.
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