European stock markets opened the week on a positive note, buoyed by hopes of easing trade tensions between the U.S. and China and declining geopolitical risks in the Middle East.
The pan-European Stoxx 600 index rose 0.44%, or 2.47 points, to close at 566.63. Germany’s DAX 40 gained 0.6% to finish at 24,387.93, while the UK’s FTSE 100 added 0.16% to end at 9,442.87.
France’s CAC 40 climbed 0.21% to 7,934.26, Italy’s FTSE MIB increased 0.29% to 42,167.59, and Spain’s IBEX 35 rose 0.42% to 15,541.6.
Markets were further supported by remarks from U.S. President Donald Trump, who stated on social media that the U.S. intends to assist China rather than harm it, and confirmed that his meeting with Chinese President Xi Jinping at the APEC Summit would go ahead. Trump added that there was no need for concern and that “it will all be fine.”
Meanwhile, the euro/dollar exchange rate was down 0.4% at around 1.1575 as of 17:10 GMT.
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Brazil and Mexico secured statement wins at the FIFA World Cup 2026 as Vinícius Jr starred in Brazil’s 3-0 victory over Scotland, while Mexico beat Czechia to finish top of Group A. South Africa also made history by reaching the knockouts for the first time.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
Villagers took part in Dragon Boat Festival celebrations on 24 June in Foshan, Guangdong province, where traditional racing was held on the narrow, winding Diejiao River.
A cemetery in the Gaza Strip containing the remains of 22 Canadian soldiers killed during a 1956 United Nations peacekeeping mission has been destroyed, according to media reports citing families of the deceased.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at the recent G7 summit in Evian-les-Bains.
As Western Europe battles a deadly heatwave that has shattered temperature records, disrupted transport and power supplies, and forced the closure of schools and cultural landmarks, attention is turning to whether El Niño is playing a role in the extreme conditions.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
Apple is facing a £3 billion lawsuit in the United Kingdom after a competition tribunal approved a major collective action over its iCloud storage service.
China has opened its market to cashew nuts from all African countries with diplomatic relations with Beijing, removing a long-standing barrier that had restricted exports from much of the world's largest cashew-producing continent.
Media leaders from across Europe gathered in Vienna this week for the annual European Publishing Congress.
Amazon founder Jeff Bezos has said artificial intelligence will ultimately lead to labour shortages rather than widespread unemployment, pushing back against growing fears that AI will replace human workers.
French department store BHV and online fast-fashion retailer Shein have ended their partnership, seven months after the launch of a permanent Shein shop in Paris triggered controversy and widespread criticism.
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