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.
At least 10 people were killed and several others reported missing after flash floods struck Rajouri city in Indian-administered Jammu and Kashmir on ...
Cuban dissident artist Luis Manuel Otero Alcántara arrived in the United States on Saturday after completing a five-year prison sentence on the commu...
The United States launched fresh strikes against Iran after two U.S. service members were killed in Jordan. U.S. President Donald Trump paid tribute t...
At least 10 people were killed and several others reported missing after flash floods struck Rajouri city in Indian-administered Jammu and Kashmir on Sunday, according to local media.
The United States launched fresh strikes against Iran after two U.S. service members were killed in Jordan. U.S. President Donald Trump paid tribute to the fallen troops as Iran warned of further escalation.
A humanoid robot demonstrated its ability to prepare regional dishes during a live cooking show in northwest China’s Xinjiang Uygur Autonomous Region, highlighting advances in embodied artificial intelligence (AI) and dexterous robotics.
A magnitude 5.6 earthquake struck central Peru on Saturday, a day after a powerful tremor off southern Mexico prompted a temporary tsunami warning across parts of the Pacific coast.
The U.S. military said it completed a sixth consecutive night of strikes on Iran late on Thursday, targeting logistics infrastructure and maritime capabilities. Iran responded by launching strikes at U.S. bases in neighbouring countries.
The United States launched a seventh consecutive night of strikes on Iran as Tehran targeted U.S. allies in the Gulf, while tensions remain high in the Strait of Hormuz.
The United States launched fresh strikes against Iran after two U.S. service members were killed in Jordan. U.S. President Donald Trump paid tribute to the fallen troops as Iran warned of further escalation.
Ontario Premier Doug Ford has criticised U.S. President Donald Trump's comments blaming Canada for wildfire smoke affecting parts of the United States. He called Trump's remarks "absolutely unacceptable" as crews battle hundreds of forest fires across the province.
Controversial influencers Andrew and Tristan Tate have been arrested in the United States on Saturday after British prosecutors filed fresh rape, trafficking and sexual assault charges against the brothers and requested their extradition to the UK.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
Apple is closing in on Nvidia's position as the world's most valuable publicly traded company, as investors increasingly bet the iPhone maker can turn artificial intelligence into sustained earnings growth.
AI-powered shopping assistant Phia has been accused of using "cookie stuffing" to claim affiliate commissions for purchases it did not generate, according to a Bloomberg investigation. The company says the issue has now been resolved.
The UK government has nationalised British Steel, taking full ownership of the country's only primary steelmaker from its Chinese owners to safeguard the future of the UK's steel industry.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
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