Ray-Ban maker EssilorLuxottica falls 5.7% after Google plans AI glasses launch; Europe markets close lower [MSNBC.com]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
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Source: MSNBC.com
In this articleLONDON — European shares ended slightly negative on Tuesday as global investors await the U.S. Federal Reserve's monetary policy update.The pan-EuropeanStoxx 600Shares in Ray-Ban maker EssilorLuxottica, which has partnered withMetaGooglewearable devicesMeanwhile, the Fed is widely expected to cut its key interest rate at its final meeting of the year. Money markets are currently pricing in an 87% chance of a quarter-point cut when the central bank wraps up its two-day meeting on Dec. 10, according to theCME's FedWatch toolslightly higherThe movewill set the scene for central banksIn corporate news, the European Union announced Tuesday that it had struck a deal to "simplify" corporate sustainability laws. Under the updated system, most companies in the EU will be exempt from complying with sustainability reporting."Today we delivered on our promise to remove burdens and rules and boost EU's competitiveness," Marie Bjerre, minister for European affairs of Denmark, said i
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