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.
Norway's $2 trillion sovereign wealth fund said on Monday it is terminating contracts with asset managers handling its Israeli investments and has div...
The Russian and Belarusian armed forces will hold joint strategic drills in Belarus from 12 to 16 September, the Belarusian Defence Ministry announced...
Iraqi Foreign Minister Fuad Hussein has proposed a "6+2" format meeting bringing together Iran, Iraq, and the six Gulf Cooperation Council (GCC) membe...
European Union member states said on Tuesday that Ukrainians must have the right to decide their own future, speaking ahead of Friday’s planned talk...
The U.S. and China have extended their tariff truce for 90 days, avoiding triple-digit duties on each other’s goods and easing market concerns as Wa...
Norway's $2 trillion sovereign wealth fund said on Monday it is terminating contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the situation in Gaza and the West Bank.
The Russian and Belarusian armed forces will hold joint strategic drills in Belarus from 12 to 16 September, the Belarusian Defence Ministry announced on Tuesday.
The U.S. and China have extended their tariff truce for 90 days, avoiding triple-digit duties on each other’s goods and easing market concerns as Washington and Beijing continue talks on a broader trade agreement.
European Union member states said on Tuesday that Ukrainians must have the right to decide their own future, speaking ahead of Friday’s planned talks between U.S. President Donald Trump and Russian President Vladimir Putin.
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.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
'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.
Norway's $2 trillion sovereign wealth fund said on Monday it is terminating contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the situation in Gaza and the West Bank.
The Syrian Civil Aviation Authority has signed a $4 billion agreement with an international consortium last week (6 August), including companies from Türkiye, Qatar and the United States, aiming to expand Damascus International Airport.
The European Bank for Reconstruction and Development (EBRD) has announced a lending the equivalent of $ 7 million to Saloğlu, Azerbaijan’s leading furniture producer and retailer, in local currency to help boost its competitiveness.
Paramount will become the exclusive U.S. broadcaster of the Ultimate Fighting Championship from 2026 under a seven-year agreement with TKO Group Holdings worth about $7.7 billion, the companies said on Monday.
South Korea and Vietnam have pledged to boost annual trade to $150 billion by 2030, signing 10 cooperation deals as new U.S. tariffs disrupt global supply chains.
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