European shares nudged up on Thursday after the U.S. Federal Reserve lowered borrowing costs for the first time since December, while shares of SIG plummeted after the Swiss-based company issued a profit warning.
The pan-European STOXX 600 rose 0.5% to 553.49 points, as of 0715 GMT, in broad-based gains.
Late on Wednesday, the U.S. central bank cut interest rates by an expected quarter of a percentage point, its first dovish policy move since December.
However, the Fed also indicated that it will take a measured approach to lowering borrowing costs for the rest of this year, dampening some optimism.
In Denmark, Novo Nordisk rose 2.6% after data showed an experimental Wegovy pill showed a 16.6% weight-loss in a late-stage study, compared to previous trials of injectable versions of the drug.
On the flip side, SIG Group slid 20% and triggered a trading halt after the Swiss packaging group issued a profit warning for 2025 and suspended its cash dividend.
Britain's Next lost 5.5% after the fashion retailer said it expects UK sales growth to slow in the second half of the year, which overshadowed results that showed profit in the first half rose 13.8%.
The death toll from heavy rains and flooding in Brazil’s Minas Gerais state has risen to 46, authorities said, with 21 people still reported missing...
Venezuela’s Attorney General Tarek William Saab and Ombudsman Alfredo Ruiz tendered their resignations to the National Assembly on Wednesday. Neithe...
Four people aboard a U.S.-registered speedboat, flagged in Florida, were killed and six others wounded on Wednesday after the vessel entered Cuban ter...
Syria’s economy is showing clear signs of recovery, with economic activity accelerating in recent months, the International Monetary Fund (IMF) said...
Chinese President Xi Jinping and German Chancellor Friedrich Merz agreed on Wednesday in Beijing to strengthen economic cooperation while addressing t...
The death toll from heavy rains and flooding in Brazil’s Minas Gerais state has risen to 46, authorities said, with 21 people still reported missing. The storms triggered landslides and widespread flooding, displacing thousands across Juiz de Fora and Uba.
Venezuela’s Attorney General Tarek William Saab and Ombudsman Alfredo Ruiz tendered their resignations to the National Assembly on Wednesday. Neither official has publicly provided reasons for stepping down.
Four people aboard a U.S.-registered speedboat, flagged in Florida, were killed and six others wounded on Wednesday after the vessel entered Cuban territorial waters and fired on Cuban border patrol forces, Cuba’s Ministry of the Interior (MININT) reported.
Syria’s economy is showing clear signs of recovery, with economic activity accelerating in recent months, the International Monetary Fund (IMF) said on Wednesday.
The Taliban in Kabul has rejected Russian claims that more than 23,000 militants from around 20 international terror groups are currently operating within Afghanistan.
Four years after Russia launched its full-scale invasion of Ukraine on 24 February 2022, the war is no longer defined by shock but by scale.
Seven people were killed after gunmen ambushed a police patrol in Kohat, a district in Pakistan’s north-west near the Afghan border, on Tuesday, in an attack that comes amid rising militant violence and heightened tensions between Pakistan and Afghanistan.
Four years into Russia’s invasion of Ukraine, the war can be measured not only in lives and territory, but in money. In Part One, the war’s cost was measured in casualties and kilometres. In Part Two, it is measured in billions of dollars.
Thailand and the United States, alongside 28 partner nations, began Southeast Asia’s largest and longest-running military exercise, the 45th Cobra Gold, on Tuesday (24 February) in Rayong province, Thailand.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
Russia’s car market is continuing to receive tens of thousands of foreign-brand vehicles via China despite sanctions imposed after Moscow’s full-scale invasion of Ukraine in 2022, a journalistic investigation has found.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
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