The pan-European STOXX 600 was down 0.2 percent by 0720 GMT, starting a heavy week of earnings on the back foot.
European shares held steady at the end of a strong week as a rally in commodities softened, although strong earnings updates boosted shares in Ericsson and Telia.
The pan-regional STOXX 600 index was up 0.1% by 0740 GMT, while other European benchmarks were also trading in positive territory.
Diess embarked on the most far-reaching shake-up in VW’s history, seeking to unite a company whose feuding factions have often slowed reform.
Gains were widespread, with the STOXX 600 closing up 0.82%, slightly below Wall Street, where the S&P 500 .SPX was up 1.8% in morning trading.
MSCI’s world equity index, which tracks shares in 47 countries, was up 0.24 percent, helped by Europe’s benchmark Stoxx 600 index that rose 0.5 percent.
European shares fell alongside global stock markets as fears of a worsening trade conflict between the United States and China continued to worry investors.
The pan-regional STOXX 600 index was down 0.1 percent by 0742 GMT after a flat open, with most sectors in negative territory.
Asia tumbled 1.5 percent overnight, with Japan’s Nikkei ending down 1.3 percent and top Chinese internet stock Tencent down 4.6 percent.
European shares fell with tech, basic resources stocks and banks bearing the brunt of a wide sell-off triggered by worries that US tariffs could escalate into trade war.
HDFC BANK Q4 REVIEW
PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%
NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%
Net Interest Margin at 4.3%
Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%
Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%
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