Stoxx 600, DAX, FTSE, CAC 40

Stoxx Europe 600 closes 1.2% higher on hopes of Iran-Israel ceasefire Travel and building materials stocks lead gains Travel stocks and building materials firms led gains on the Stoxx Europe 600 index during afternoon trade. Carnival Plc shares jumped 12% after the company beat adjusted earnings per share expectations for the second quarter with $0.35…

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Starbucks says it is not currently considering a full sale of its China operations

People seen around the Starbucks coffee store in Shenzhen, China. Jakub Porzycki | Nurphoto | Getty Images U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information. Starbucks has held preliminary talks with more than a dozen potential buyers, Caixin also reported on Monday, citing…

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Products Labeled as Sustainable Sell Better

As consumer demand for sustainable products grows, more and more sellers have begun adding labels to their products to indicate various kinds of sustainability certifications. These labels such as Amazon’s “Climate Pledge Friendly,” Target’s “Target Zero,” and Wayfair’s “Shop Sustainably”—offer customers greater visibility into the environmental impact of the products they buy. But does that…

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