Jenni Reid

Shares of Danish pharmaceutical giant Novo Nordisk slid 4% on Friday, extending a 2.7% loss on Thursday as analysts pored over the details of the

UBS on Tuesday reported a net profit of $1.8 billion for the first quarter of the year, smashing analyst expectations.

BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a “significantly weaker” margin in fuels and lower gas and oil prices.

Analysts at Barclays said the company had passed its hardest quarter “with little to no bruises.”

The Bank of England is set to hold interest rates steady at its Thursday meeting, with traders expected to pour over the details of Governor Andrew Bailey's statement.

European markets opened in the red on Thursday, as positive momentum waned in a busy week of earnings.

LONDON — The Bank of England on Thursday announced a widely-expected hold on interest rates following its May meeting, as it said restrictive monetary policy was working to bring down inflation.

LONDON — The Bank of England on Thursday announced a widely-expected hold on interest rates following its May meeting, as it said restrictive monetary policy was working to bring down inflation.

LONDON — The Bank of England on Thursday announced a widely-expected hold on interest rates as it said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.

European markets closed higher on Thursday, as positive momentum was maintained on a busy week of earnings.