Accenture job cuts, save €6,000 by shopping around for better mortgage rate, and manufacturing slows again
The top index was weighed down by losses for insurers, miners, and some banking stocks, and not offset by gains for HSBC. Shares in banking giant HSBC peaked at a four-year high after announcing bumper profits and a big share buyback. Germany’s top stock index, the Dax, sank by 1.26 per cent, while France’s Cac 40 also fell by 1.22 per cent.Wall Street’s main indexes fell as investors assessed mixed earnings from industry heavyweights and digested data that showed manufacturing activity slowed more than expected in July.
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