12:17 PM EDT, 06/16/2025 (MT Newswires) -- The European stock markets closed higher in Monday trading as the Stoxx Europe 600 rose 0.38%, Germany's DAX advanced 0.75%, the FTSE 100 increased 0.28%, and France's CAC 40 gained 0.75%, while the Swiss Market Index was off 0.45%.

The job vacancy rate in the euro area was 2.4% in Q1, down from 2.5% in Q4 and from 2.9% a year earlier, according to Eurostat, the statistical office of the EU. In the EU, the job vacancy rate was 2.2% in Q1, down from 2.3% the previous quarter and 2.6% a year earlier.

The highest job vacancy rates in Q1 were in the Netherlands (4.2%), Belgium (4.1%), and Austria (3.6%), while the lowest rates were in Romania (0.6%), Poland (0.8%), and Bulgaria and Spain (0.9% each).

And in corporate news, French automaker Renault said Sunday that Chief Executive Luca de Meo is stepping down to "pursue new challenges outside the automotive sector." According to media reports Monday, de Meo is expected to be named head of French luxury goods house Kering, according to media reports.

Shares of Kering advanced nearly 12% on the news, while shares of Renault dropped nearly 9%.

British gambling company Entain's stock surged 15% on the FTSE in London after its BetMGM joint venture with MGM Resorts International raised its fiscal 2025 net revenue guidance to at least $2.6 billion from its previous outlook of $2.4 billion to $2.5 billion. BetMGM said it now projects 2025 earnings before interest, taxes, depreciation, and amortization of at least $100 million, compared with its previous guidance of being EBITDA positive.

French pharmaceutical company Sanofi and Regeneron Pharmaceuticals said Sunday that data from a phase 4 study showed that Dupixent delivered better results than Xolair in adults with severe chronic rhinosinusitis with nasal polyps, a chronic inflammatory condition of the nose, and coexisting asthma.

Shares of Sanofi closed 1% lower in Paris.

Apple could soon face another charge sheet from the European Union if it fails to comply with the Digital Markets Act by June 26, Bloomberg reported Monday, citing unnamed sources. Apple and the European Commission did not immediately respond to requests for comment from MT Newswires.

The UK's Competition and Markets Authority said Monday it has launched an inquiry into Omnicom Group's expected acquisition of The Interpublic Group of Companies. "The deadline for the CMA to announce its decision whether to refer the merger for a phase 2 investigation is therefore 13 August 2025," the regulator said.

Omnicom and Interpublic did not immediately reply to requests for comment from MT Newswires.