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☆ The summer of sport for France rolls on as the annual Tour de France Femmes begins
▼ + stars: | 2024-08-12 | by ( David Close | ) edition.cnn.com time to read: +3 min

The week-long Tour de France Femmes kicked off Monday with the start of the annual eight-stage race in the Netherlands. Dutch rider Charlotte Kool of team DSM-Firmenich PostNL sprinted to an opening stage victory on her home soil for her first-ever Tour de France Femmes stage win. Fans line the streets for the opening stage of the Tour de France Femmes in Rotterdam. In 2023, Netherlands’ Demi Vollering secured her first-ever Tour de France Femmes title and is back to defend her yellow jersey. The history of the Tour de France Femmes dates back to September 1955

Persons: Charlotte Kool, PostNL, Romy Arroyo Fernandez, Kool, Hague, ”, Kristen Faulkner, Demi Vollering, Alpe d’Huez Organizations: CNN, Femmes, Paris, Tour de, Riders, ANP, Getty Locations: Paris, Netherlands, Rotterdam, France, Dordrecht, Belgium, Valkenburg, Liège, Bastogne, Amnéville, French

☆ André Drege: Norwegian cyclist dies after crashing in race at age 25
▼ + stars: | 2024-07-06 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Norwegian cyclist André Drege has died aged 25 following a crash at the Tour of Austria, his team Coop-Repsol announced on Saturday. “Our thoughts and prayers are with André’s family and loved ones during this incredibly difficult time,” the team posted on X, formerly known as Twitter. Cyclists (L-R) Italy's Samuele Zoccarato, Austria's Michael Gogl, Norway's André Drege, the Netherlands' Oscar Riesebeek and Germany's Jonas Rapp ride in a partly snow-covered mountain area on Saturday. After news of his death broke, the cycling world paid tribute to Drege with several teams offering their condolences. Drege’s death comes just over a year after another professional cyclist in his 20s – Gino Mäder – died in a crash during a stage of the Tour de Suisse.

Persons: André Drege, Coop, “, Drege, Johann Alpendorf, Austria's Michael Gogl, Oscar Riesebeek, Germany's Jonas Rapp, Johann Groder, PostNL, Wanty, ”, –, Gino Mäder – Organizations: CNN, of Austria, Repsol, European Cycling Union, Tour of Austria, AFP, of Rhodes, South, UCI –, Tour de Suisse Locations: Norwegian, Austrian, St, Netherlands, Stranda, Norway, Lillehammer, ”

The German share price index DAX graph is pictured at the Frankfurt stock exchange in Frankfurt, Germany, March 17, 2023. The pan-European STOXX 600 (.STOXX) closed up 0.1% ahead of inflation readings from Germany, China and the U.S. later this week, all likely to drive expectations on how long interest rates could remain high. Europe's aerospace and defence index (.SXPARO) hit a record high, rising 1.0%, with Italy's Leonardo (LDOF.MI) and London-listed Melrose (MRON.L) up 3.1% and 2.6% respectively. Major European bourses were mixed, with London's commodity-heavy FTSE 100 down 0.1%, while France's blue-chip CAC 40 index (.FCHI) rose 0.1%. Pressuring Germany's DAX (.GDAXI), Siemens Energy (ENR1n.DE) dropped 6.1%, having shuttled between gains and losses throughout the day.

Persons: Daniela Hathorn, Italy's Leonardo, Anthi Tsouvali, Germany's DAX, Shashwat Chauhan, Sruthi Shankar, Amruta, Varun, Alex Richardson Organizations: REUTERS, Staff, Defence, Siemens Energy, U.S, Aurubis AG, Capital.com, Bavarian, Melrose, State Street Global Markets, Thomson Locations: Frankfurt, Germany, China, Danish, London, U.S, Bengaluru

The continent-wide STOXX 600 index (.STOXX) closed 0.5% lower, extending declines to the third consecutive session. Real estate stocks (.SX86P) fell 1.6%, leading sectoral losses. Shares of Kojamo (KOJAMO.HE) slid 5.4% after Barclays double-downgraded the Finnish residential real estate company's stock. Shares of European post and logistics companies slid after U.S. rival FedEx (FDX.N) reported lower quarterly profits on Tuesday. The STOXX 600 index (.STOXX) is on track for gains of 1.2% in June, losing some momentum from the first quarter of the year amid a high-interest rate environment, investor preference shifting away from value-oriented stocks and lacklustre China recovery.

Persons: Fed's Powell, BoE, Jerome Powell, Powell, Anna Titareva, Shreyashi Sanyal, Siddarth, Sohini Goswami, Eileen Soreng Organizations: Tech, Federal, Bank of, Bank, UBS, Central Banks ', Barclays, FedEx, Deutsche Post, Thomson Locations: BoE Real, Britain, China, United States, Bengaluru

May 8 (Reuters) - Dutch postal firm PostNL (PTNL.AS) on Monday reported a surprise operating profit for the first quarter, supported by a smaller-than-expected drop in parcel volumes and adaptive measures implemented last year. Delivery and postal firms from PostNL to Germany's Deutsche Post (DPWGn.DE) and U.S.-based FedEx (FDX.N) have seen parcel volumes fall from their pandemic highs as demand normalises while high inflation erodes consumer confidence. Volumes for PostNL's parcel distribution business fell 6.5% to 81 million items, while analysts had expected a drop of 8%. PostNL confirmed its full-year guidance of normalised EBIT between 70 million and 100 million euros and free cash flow between 10 million and 40 million euros. ($1 = 0.9056 euros)(This story has been corrected to say 81 million items, not 81 million euros, in paragraph 5)Reporting by Olivier Cherfan and Augustin Turpin; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ European shares edge higher as energy, bank stocks gain; US inflation data eyed
▼ + stars: | 2023-05-08 | by ( Amruta Khandekar | ) www.reuters.com time to read: +3 min

The pan-European STOXX 600 (.STOXX) rose 0.2% to 466.29 points by 0805 am GMT. The index was pressured last week when, unlike the Fed, the European Central Bank signalled more rate hikes were on the table. A slump in energy shares on weakness in crude prices also added to the declines. Energy (.SXEP) was the top sectoral gainer on Monday, up 0.8% as crude prices strengthened. Dutch Central Bank President Klaas Knot on Sunday said the ECB's rate hikes are starting to have an effect, but more will be needed to contain inflation.

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