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.
The European Commission has warned Meta that it may face daily fines starting 27 June if its modified pay-or-consent advertising model fails to meet EU antitrust requirements under the Digital Markets Act.
Germany’s data protection commissioner has called on Apple and Google to block the Chinese AI app DeepSeek from their platforms over illegal data transfers and privacy concerns.
Azerbaijan’s top general observed major drills in Türkiye and met senior Turkish defence leaders, underscoring the allies’ growing military partnership.
Nike plans to reduce its reliance on China for U.S.-bound products to offset the financial blow from President Donald Trump’s new tariffs, as the sportswear giant posted better-than-expected fourth-quarter results and a milder revenue forecast.
Azerbaijan and China have deepened energy cooperation, with new agreements signed to advance green energy initiatives and improve Azerbaijan’s electricity transmission system in line with its renewable energy targets.
Denmark’s Arctic chief has dismissed concerns over a U.S. takeover of Greenland but says more must be done to deter any Russian attack on the strategically vital Arctic island.
With the tariff deadline fast approaching, German Chancellor Friedrich Merz is pushing for a swift and straightforward trade agreement between the EU and the U.S., as both sides continue talks to avoid a potential economic standoff.
The European Commission has warned Meta that it may face daily fines starting 27 June if its modified pay-or-consent advertising model fails to meet EU antitrust requirements under the Digital Markets Act.
The U.S. Supreme Court could decide on Friday whether to allow enforcement of Donald Trump’s order limiting birthright citizenship, a move that would end automatic citizenship for many children born on American soil.
Germany’s data protection commissioner has called on Apple and Google to block the Chinese AI app DeepSeek from their platforms over illegal data transfers and privacy concerns.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The U.S. Embassy in Qatar has advised American citizens to shelter in place amid rising tensions between Israel and Iran, as part of a broader global security alert issued by Washington.
In a televised address on Saturday night, U.S. President Donald J. Trump announced that American forces, in coordination with Israel, had conducted precision strikes on Iran’s Fordow, Natanz, and Isfahan nuclear sites, aiming to dismantle Tehran’s enrichment capabilities.
President Donald Trump announced that U.S. forces struck three Iranian nuclear facilities, including Fordow, Natanz, and Esfahan, marking direct American involvement in the ongoing Israel-Iran conflict.
The European Commission has warned Meta that it may face daily fines starting 27 June if its modified pay-or-consent advertising model fails to meet EU antitrust requirements under the Digital Markets Act.
Nike plans to reduce its reliance on China for U.S.-bound products to offset the financial blow from President Donald Trump’s new tariffs, as the sportswear giant posted better-than-expected fourth-quarter results and a milder revenue forecast.
Nike is stepping back from China-based production for its U.S. market to dodge tariff-related costs, aiming to shift its sourcing strategy by 2026.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Shell has denied reports that it is in talks to acquire BP in a historic £60 billion deal, despite ongoing market speculation about a potential merger between the two oil giants.
Denmark’s Arctic chief has dismissed concerns over a U.S. takeover of Greenland but says more must be done to deter any Russian attack on the strategically vital Arctic island.
With the tariff deadline fast approaching, German Chancellor Friedrich Merz is pushing for a swift and straightforward trade agreement between the EU and the U.S., as both sides continue talks to avoid a potential economic standoff.
The European Commission has warned Meta that it may face daily fines starting 27 June if its modified pay-or-consent advertising model fails to meet EU antitrust requirements under the Digital Markets Act.
The U.S. Supreme Court could decide on Friday whether to allow enforcement of Donald Trump’s order limiting birthright citizenship, a move that would end automatic citizenship for many children born on American soil.
Germany’s data protection commissioner has called on Apple and Google to block the Chinese AI app DeepSeek from their platforms over illegal data transfers and privacy concerns.
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