Burnham faces early climate test over North Sea oil and gas projects
UK Prime Minister Andy Burnham faces an early test of his climate commitments as his government weighs whether to approve two major North Sea oil and ...
European stock markets closed Monday with gains as investors focused on a confidence vote in the French parliament.
The pan-European Stoxx 600 index rose 0.52% to finish at 552.04 points. Germany’s DAX 40 increased 0.89% to 23,807.13, while the UK’s FTSE 100 edged up 0.14% to 9,221.44.
France’s CAC 40 climbed 0.78% to 7,734.84, Italy’s FTSE MIB gained 0.28% to 41,723.69, and Spain’s IBEX 35 rose 1.02% to 15,002.2 points.
Market attention centred on the upcoming confidence vote in France after Prime Minister François Bayrou announced he would seek a vote ahead of the 2026 budget, which envisages roughly €43 billion (around $50.5 billion) in public spending cuts and includes the removal of certain public holidays.
In currency markets, the euro/dollar rate rose 0.18% to 1.1740 as of 16:38 GMT.
One hundred years after the First World War and more than eighty years after the devastation of the Second World War gave rise to the United Nations, humanity once again finds itself living in an age of permanent crisis.
For months, efforts to secure the Red Sea have focused on what is happening in the water. Naval deployments have increased, governments have expanded maritime cooperation and shipping companies have adapted to persistent security threats.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
Rising trade across the Caspian Sea is strengthening Georgia’s role as a logistics hub and could help the country develop higher-value industries, according to the Asian Development Bank (ADB).
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
SK Hynix reported record quarterly profit on Wednesday, but its shares slumped 10 per cent after the South Korean chipmaker fell short of investor expectations built around the artificial intelligence (AI) boom.
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf.
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