Breaking News: Europe
German centrist parties reach coalition deal as Trump tariffs loom over Europe
Coalition negotiations between the CDU/CSU and SPD. Michael Kappeler | Picture Alliance | Getty Images Germany’s centrist parties on Wednesday finalized a coalition agreement, paving the way for the Christian Democratic Union, Christian Social Union and Social Democratic Party to form the country’s new government. Party members must now sign off on the deal before […]
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European stocks plunge 2.6% at the open as Trump’s reciprocal tariffs take effect
European stocks opened lower on Wednesday, with markets struggling to maintain the positive momentum of the previous session as the U.S.’ country-specific tariffs started taking effect. The pan-European Stoxx 600 index was 2.55% lower shortly after the opening bell, with all sectors and major bourses firmly in negative territory. Regional banking, mining and oil and […]
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European markets set to open higher as tariff tensions rage on
European markets were set to start Tuesday’s trading day in positive territory after a four-day losing streak as red-hot tariff tensions rage on around the world. Stocks sank Monday, with the pan-European Stoxx 600 ending the day around 4.5% lower. This marked its lowest closing level since January 2024. Key regional indices including the U.K.’s […]
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European stocks tank 6% at open as global tariff rout deepens
European stocks dropped sharply on Monday, deepening a global market rout that kicked off last week following the latest announcements of U.S. President Donald Trump’s tariffs regime. The pan-European Stoxx 600 was 6% lower shortly after the opening bell, with all sectors and major bourses suffering significant losses. Germany’s DAX index was more than 9.5% […]
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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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