European shares close out best week since June as earnings soften blow from tech selloff

European shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. The STOXX 600 index climbed by 0.7%, achieving its best performance since June. Companies like Aixtron and Nordex marked impressive gains, while the tech sector displayed noteworthy stability. With the euro zone’s inflation rate reaching 3.

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Why India’s steel demand is defying global weakness

India’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input costs. While Chinese oversupply pressures international prices,