European shares inched higher Thursday, lifted by autos and miners, as investors awaited the European Central Bank's rate decision.
The STOXX 600 rose 0.2%, supported by gains in industrial metal miners and automakers. Miners climbed 0.6% on strong copper prices, while automakers rebounded 0.5% after recent losses.
Caution prevailed ahead of the ECB’s expected 25-basis-point rate cut. Germany’s tax relief package had boosted sentiment the previous day.
Trade uncertainty lingered with no progress following U.S. President Trump’s trade negotiation deadline. Meanwhile, U.S. Defense Secretary Pete Hegseth confirmed a planned 5% GDP defense spending target for NATO members.
Defense stocks slipped, with the index down 0.3%. Eutelsat fell 13% after Hanwha Systems moved to sell its stake, and Wizz Air dropped 22% on weak profit results.
Iran suggested it would be "unreasonable" to proceed with talks to forge a permanent peace d...
Memorial events were held in Tehran’s main squares on Wednesday (8 April) to mark the 40th day since the ...
Three Russian submarines were detected near British waters, the UK Defence Secretary, John Healey MP, announced on Thursday (9 April). Speaking at ...
Millions of Indians queued to vote in local elections across two states on Thursday, kicking off four key contests this month....
More than a million Sudanese refugees now face drastic cuts to life-saving aid, including food and water, after major funding shortfalls have left ...
Iran suggested it would be "unreasonable" to proceed with talks to forge a permanent peace deal with the U.S. after Israel pounded Lebanon with its heaviest strikes yet on Wednesday, killing hundreds of people. The warning came from Iran's lead negotiator, parliament speaker Mohammed Bager Qalibaf.
Memorial events were held in Tehran’s main squares on Wednesday (8 April) to mark the 40th day since the killing of former Supreme Leader Ayatollah Ali Khamenei, who died during U.S.-Israeli attacks on 28 February.
More than a million Sudanese refugees now face drastic cuts to life-saving aid, including food and water, after major funding shortfalls have left humanitarian agencies struggling to cope.
Italian Prime Minister Giorgia Meloni said on Thursday (9 April) that restoring freedom of navigation in the Strait of Hormuz is a vital interest for both Italy and the European Union, pledging coordination with international partners to ensure safe passage.
China and Russia vetoed a United Nations Security Council resolution on Tuesday aimed at coordinating defensive efforts to protect commercial shipping in the Strait of Hormuz, leaving no agreed international framework for securing the vital route.
Lebanon’s Hezbollah said it had stopped firing on northern Israel and Israeli forces on Wednesday as part of a two-week ceasefire in the Middle East brokered between the United States and Iran. However, a Hezbollah lawmaker warned that the pause could collapse if Tel Aviv does not adhere to it.
Pakistan’s Prime Minister Shehbaz Sharif said Iran and the United States, along with their allies, have agreed to an immediate two-week ceasefire covering all areas, but Israel says the deal excludes Lebanon. Tel Aviv says the U.S. is committed to achieving shared goals in upcoming negotiations.
Iran suggested it would be "unreasonable" to proceed with talks to forge a permanent peace deal with the U.S. after Israel pounded Lebanon with its heaviest strikes yet on Wednesday, killing hundreds of people. The warning came from Iran's lead negotiator, parliament speaker Mohammed Bager Qalibaf.
Construction has begun on a major new solar power project in Xizang, as China continues to expand its renewable energy capacity and push towards a greener future.
Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with many of the reductions expected to affect its marketing division, The Wall Street Journal reported on Wednesday, citing sources familiar with the plans.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
The U.S. national average retail price of petrol rose above $4 a gallon for the first time in over three years on Monday (30 March), according to GasBuddy data, as the U.S.–Israeli war with Iran continued to roil global energy markets.
Japan and Indonesia will deepen coordination on energy security, Tokyo said, as the U.S.-Israeli war on Iran disrupts vital oil and gas flows to Asia.
China's three largest state-owned airlines have issued warnings regarding their financial outlook for the current year, acknowledging that the eruption of war involving Iran has driven jet fuel prices to unsustainable highs.
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