European markets rallied on Tuesday, with shares climbing more than 1% after U.S. President Donald Trump announced a ceasefire between Israel and Iran, easing geopolitical tensions and lifting investor confidence.
The pan-European STOXX 600 index rose 1.4% to 542.6 points as of 0708 GMT, buoyed by improved risk sentiment across global markets. Germany’s DAX led the gains among major regional indexes, jumping nearly 2%.
Investor optimism grew after Trump confirmed late on Monday that Iran and Israel had agreed to a ceasefire, which came into effect hours later. Israeli Prime Minister Benjamin Netanyahu also confirmed Israel’s agreement to the U.S.-brokered truce.
The news sent oil prices tumbling to two-week lows amid easing supply concerns, while gold prices dipped to their lowest levels in nearly a fortnight due to risk-on appetite.
Sector performance reflected the shifting sentiment: the oil and gas sector fell 3.5%, while travel and leisure stocks surged 4.3%.
Shares in British pharmaceutical giant AstraZeneca rose 1.3% after it and its Japanese partner Daiichi Sankyo secured U.S. regulatory approval for their targeted lung cancer drug, Datroway.
Iran's Supreme Leader, Mojtaba Khamenei, has promised to avenge the killing of his father, while U.S. President Donald Trump said Tehran and Washingto...
Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Sayyid Badr Albusaidi have discussed arrangements to ensure the safe passage of shi...
The U.S. Department of Justice has ordered several New York Times journalists to testify before a federal grand jury. ...
Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Sayyid Badr Albusaidi have discussed arrangements to ensure the safe passage of ships through the Strait of Hormuz.
The U.S. Department of Justice has ordered several New York Times journalists to testify before a federal grand jury.
At least 44 people have died and more than one million have been stranded due to widespread flooding and landslides across southeastern Bangladesh, authorities said on Saturday (11 July).
More than 100 countries now spend more on servicing debt than on education, UNESCO has warned, as it called on governments and international lenders to expand the use of debt-for-education swaps.
At least 12 people have been killed in forest fires in Almeria in southern Spain, Andalucía’s emergency agency has said, as firefighters continue efforts to put out the blaze.
U.S. President Donald Trump said Washington has agreed to resume talks with Iran after Tehran requested further negotiations, but declared that last month's ceasefire between the two countries was "over".
Dozens of flights have been cancelled across East Asia as Super Typhoon Bavi approaches China. The typhoon, which has maximum sustained winds of 162 kph (100mph), is nearing a remote chain of Japanese islands, east of Taiwan on Friday.
What began as a fan-created chant just months ago has become one of the defining images of this year's FIFA World Cup, with Norway's "Viking Row" sweeping through stadiums, city streets and social media.
British police have arrested a 26-year-old man on suspicion of the murder of Ann Widdecombe, a former government minister whose death was announced on Friday.
China has approved fast-fashion retailer Shein's long-awaited initial public offering (IPO) in Hong Kong, clearing the way for the company to pursue a stock market listing after previous attempts in the U.S. and London failed.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
A Swedish court has ordered Alphabet-owned Google to pay about $1.5 billion in antitrust damages to price comparison platform PriceRunner, in one of Europe's largest competition-related awards against a major technology company.
U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
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