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.
Rwanda and Tanzania signed two key agreements in Kigali on Saturday to enhance cooperation in agriculture and port logistics....
The Kremlin claims Ukraine and Western nations are rejecting all proposals for dialogue to resolve the war, as Russia and Ukraine held peace talks in ...
The White House allegedly ordered a halt to Pentagon lie detector tests after claims they targeted top officials....
Three drones flew over Japan’s Genkai nuclear plant on Saturday, prompting an investigation by the country’s nuclear watchdog. No irregularities o...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 27th of July, covering the latest developments you need to kno...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 27th of July, covering the latest developments you need to know.
A landmark agreement has been signed for the export of 48 KAAN fighter jets – Türkiye’s indigenously developed National Combat Aircraft – to Indonesia.
At the IDEF 2025 defence exhibition, Türkiye and the United Arab Emirates (UAE) took a fresh step in strengthening bilateral defence ties. Turkish aerospace firm TAAC and UAE-based CALIDUS signed a strategic agreement to jointly develop the landing gear and subsystems for the B250 aircraft platform.
Agriculture and Forestry Minister İbrahim Yumaklı announced that a total of 76 fires have been fought across the country, with 28 in forested areas and 48 in rural regions.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recovery.
The IMF has approved a $625 million loan program for Chad to support economic growth and social spending amid regional and economic challenges.
Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recovery.
Saudi Arabia announced $6.4 billion of investments in Syria on Thursday, reflecting the kingdom's deepening ties with interim President Ahmed al-Sharaa's government as it seeks to rebuild Syria after a 14-year civil war.
The Central Bank of Azerbaijan has reduced the refinancing rate from 7.25% to 7%, the interest rate corridor floor from 6.25% to 6%, and the ceiling from 8.25% to 8%.
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