Breaking News: Europe
BP chair Helge Lund to step down after oil major pledges strategic reset
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. “Having fundamentally […]
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Europe stocks head for further declines after worst session in eight months as tariff turmoil continues
European stock markets were heading for a lower open on Friday, with investors still reeling from the scale of U.S. tariffs announced this week. The regional Stoxx 600 index closed 2.57% lower on Thursday, as the world digested the steep duties slapped by U.S. President Donald Trump on more than 180 countries, bringing fears of […]
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Trump will ‘buckle under pressure’ if Europe bands together over tariffs, German economy minister says
BERLIN, GERMANY – FEBRUARY 24: Robert Habeck, chancellor candidate of the German Greens Party, speaks to the media the day after German parliamentary elections on February 24, 2025 in Berlin, Germany. The Greens came in fourth place with 11.6% of the vote, down 2.9% from the previous election. (Photo by Sean Gallup/Getty Images) Sean Gallup […]
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European markets retreat on U.S. tariff news; trade bellwether Maersk down 8%: Live updates
Europe stocks open lower Europe’s Stoxx 600 index was 1.6% lower shortly after the market open early on Thursday, as traders assessed the scope and impact of U.S. tariffs. Banks on the index were down 3.2% at 8:10 a.m. U.K. time, while technology stocks fell 2.6%. A range of European firms expected to be hit […]
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EU preparing further countermeasures against U.S. tariffs if negotiations fail, EC President von der Leyen says
European Commission President Ursula von der Leyen holds a joint press conference with Antonio Costa at the end of the European Council Summit in Brussels, Belgium, on March 20, 2025. Nurphoto | Nurphoto | Getty Images The European Union is preparing further countermeasures against U.S. tariffs if negotiations fail, according to European Commission president Ursula […]
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European stocks set for negative open as global markets await Trump tariffs
European markets are heading for a negative open Wednesday as global traders brace themselves for a raft of fresh trade tariffs to be announced by U.S. President Donald Trump’s administration. The U.K.’s FTSE 100 index is expected to open 24 points lower at 8,558, Germany’s DAX down 38 points at 22,501, France’s CAC 4 points lower […]
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Euro zone inflation dips to 2.2% in March as U.S. tariffs loom
A man pushes his shopping cart filled with food shopping and walks in front of an aisle of canned vegetables with “Down price” labels in an Auchan supermarket in Guilherand Granges, France, March 8, 2025. Nicolas Guyonnet | Afp | Getty Images Annual Euro zone inflation dipped as expected to 2.2% in March, according to […]
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Europe stocks rebound; EU says ‘all instruments are on the table’ ahead of U.S. tariffs day
Von Der Leyen: EU open to negotiate on tariffs but will take ‘firm counter-measures if necessary’ European Council President Antonio Costa (left) speaking with European Commission President Ursula von der Leyen (right) and European Parliament President Roberta Metsola before a debate on the conclusions of the European Council meeting of March 20, 2025, as part […]
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Aston Martin shares pop as Canadian billionaire Lawrence Stroll invests more cash
An Aston Martin DB12 is displayed in the Mayfair showroom on Park Lane on January 09, 2025 in London, England. John Keeble | Getty Images News | Getty Images Shares of Aston Martin jumped as much as 13% on Monday after the British luxury carmaker said it will raise more than £125 million ($161.7 million) […]
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German inflation eases to 2.3% in March, slightly lower than expected
Customers shop for fresh fruits and vegetables in a supermarket in Munich, Germany, on March 8, 2025. Michael Nguyen | Nurphoto | Getty Images German inflation came in at a lower-than-expected 2.3% in March, preliminary data from the country’s statistics office Destatis showed Monday. It compares to February’s 2.6% print, which was revised lower from […]
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