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.
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The tectonic plates of global trade and geopolitics are shifting, demanding that regional cooperative structures evolve to match new strategic realities.
At least eight people were killed and 18 others injured when an explosion struck a mosque during Friday prayers in the Syrian city of Homs, Syrian authorities said.
Russia plans to modernise its nuclear triad, strengthen ground forces, and develop a universal air defence system as part of its new State Armament Programme for 2027–2036, the Kremlin announced on Friday.
New York placed the state under emergency measures on Friday as a powerful winter storm brought the heaviest snowfall since 2022, disrupting travel across the north-east of the United States.
Polish fighter jets on Thursday intercepted a Russian reconnaissance aircraft flying near Poland’s airspace over the Baltic Sea and escorted it away from their area of responsibility.
Russia launched missiles and drones at Kyiv and other parts of Ukraine overnight on Saturday, Ukrainian officials said, ahead of talks on Sunday between President Volodymyr Zelenskyy and U.S. President Donald Trump aimed at ending nearly four years of war.
The United States carried out a strike against Islamic State militants in northwest Nigeria at the request of Nigeria's government, President Donald Trump and the U.S. military said on Thursday.
Israel became the first country to formally recognise Somaliland as an independent state on Friday, drawing strong condemnation from Somalia and regional and international organisations.
China has given the nod for car makers to sell Level 3 self-driving vehicles from as early as next year after it approved two electric sedans from Changan Auto and BAIC Motors.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
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