12:11 PM EST, 11/14/2025 (MT Newswires) -- The European stock markets closed out the week lower in Friday trading, as the Stoxx Europe fell 1.01%, Germany's DAX lost 0.64%, the FTSE 100 dropped 1.1%, France's CAC declined 0.76%, and the Swiss Market Index was down 0.84%.
Seasonally adjusted GDP grew 0.2% in the euro area and 0.3% in the EU in Q3, compared with the previous quarter, according to a preliminary estimate from Eurostat, the statistical office of the European Union. Compared to a year earlier, seasonally adjusted GDP grew 1.4% in the euro area and 1.6% in the EU.
Eurostat also reported that employment increased 0.1% in the euro area and 0.2% in the EU in Q3, compared to Q2. Compared with a year earlier, employment increased 0.5% in the euro area and 0.6% in the EU.
In France, the consumer price index rose 0.1% in October from the previous month, after declining 1.0% in September, according to the Institute for Statistics and Economic Studies (INSEE). INSEE attributed the slight increase to a rebound in services prices.
In Spain, the CPI rose to 3.1% in October from 3.0% in September, according to the Spanish Statistical Institute. Meanwhile, annual core inflation, which excludes food and energy prices, rose 0.1% to 2.5% during the month.
And in corporate news, Alphabet-owned Google said Friday it will appeal the European Commission's ad tech ruling about how the company ranks news publishers and has submitted a compliance plan. The plan is intended to address the decision without a break-up and to limit disruption for European publishers and advertisers, the company said.
The tech giant was also ordered to pay 573 million euros ($665.8 million) as a result of two antitrust lawsuits brought by German price-comparison shopping websites, Bloomberg reported Friday.
In one lawsuit, Axel Springer's Idealo was awarded 374 million euros plus 91 million euros in interest by the Berlin Regional Court, the report said. In a second lawsuit, the same court awarded Producto 89.7 million euros plus 17.7 million euros in interest, the report said.
"The number of price comparison sites in Europe using the remedy shopping unit has multiplied from seven then to 1,550 today," the company said in an email to MT Newswires.
British mining company Rio Tinto said late Thursday its Kennecott operation entered into a 15-year agreement with TerraGen to purchase renewable energy from a recently completed wind farm in Texas. As part of the agreement, the company will purchase 78.5 megawatts of renewable energy generated by TerraGen's 238.5 MW Monte Cristo I wind power project.
Shares of Rio Tinto were off 0.3% on the FTSE 100.
Fellow British mining company BHP has been judged partially responsible for the 2015 disaster at the Fundao dam in Brazil, a UK court said in a summary of its ruling issued Friday. Damages will be assessed at later court sessions to be completed in 2028 and 2029, the court and the company said.
Shares of BHP fell 1.7% in London.
And German software company SAP proposed remedies to address alleged anticompetitive practices in the provision and maintenance of its enterprise resource planning software support, and these commitments are now open for comment, the European Commission said Thursday.
The regulator said its preliminary findings in an investigation launched in September allege that SAP used its dominant position in software sales to bind customers to its support services in a way that violates EU antitrust rules.
Shares of SAP dropped more than 3% on the DAX.