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Europe: Wall Street sets upbeat tone for stocks, UK airlines jump

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[BENGALURU] European stocks closed higher on Wednesday following new record highs for Wall Street's main indexes, while UK airlines rallied on hopes of a shorter quarantine period for travellers. Read more at The Business Times.

Danish shipping group Maersk, a bellwether for global trade, issued forecast-beating full-year earnings and said it expected demand for moving containers at sea to return to pre-Covid levels in the first half of next year. Its shares jumped 5.0 per cent.

The US Federal Reserve's minutes from its latest policy meeting are due later on Wednesday, with investors looking for clues on further action that the US central bank could take in September. Brewery Royal Unibrew jumped 9.8 per cent to the top of Stoxx 600 after it raised its 2020 earnings forecast.

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