"European Markets Soar on Record Highs and Profit Surges - Business Update"

European markets opened higher as investors awaited euro zone data and earnings reports, with the pan-European Stoxx 600 index rising 0.9%. Rolls-Royce shares surged over 8% after the company more than doubled its annual profits in 2023 and forecasted further growth, while Nestle's stock dropped 4.8% due to lower than expected sales impacted by inflation. Additionally, Delivery Hero's shares fell 6.2% after ending negotiations for the potential sale of its Foodpanda business, and Indivior's stock rose 16.7% following a fourth-quarter pre-tax profit announcement. Preliminary services and manufacturing purchasing managers' index data from the euro zone in February is also expected.