Foreign policy
Novo Nordisk shares slip after pharma giant announces $4.7 billion U.S. acquisition
LONDON — Shares of Danish pharmaceutical giant Novo Nordisk fell 1.1% on Thursday after the company announced plans to acquire U.S. biotech firm Akero Therapeutics. The deal will see Novo pay $54 per share, valuing Akero at $4.7 billion, with the acquisition also including a contingent value right of $6 per share, potentially adding another […]
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48 hours to pick a new PM: Who could Macron choose — and will France’s economy take a hit?
French President Emmanuel Macron attends a press conference after a European Union leaders’ special summit to discuss Ukraine and European defense, in Brussels, Belgium March 6, 2025. Christian Hartmann | Reuters Market attention turns to France again Thursday after President Emmanuel Macron’s office said last night that he will name a new prime minister in […]
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Russia is waging ‘hybrid warfare’ against Europe, officials say. What does that mean?
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin attends a flag-raising ceremony for the latest Project 955A (Borey-A) strategic nuclear-powered submarine Knyaz Pozharsky in Severodvinsk on July 24, 2025. Alexander Kazakov | Afp | Getty Images Europe has to confront the reality of the “hybrid warfare” being waged […]
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France’s crisis takes an unexpected turn as Macron’s allies defy him
President of France Emmanuel Macron prepares to deliver a speech during a state banquet at Guildhall on July 9, 2025 in London, England. President Emmanuel Macron and Mrs Brigitte Macron are in the U.K. for the first visit state visit made by France in 17 years. They stayed at Windsor Castle, hosted by King Charles […]
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France’s political chaos throws its soaring debt and deficit into the spotlight
France’s President Emmanuel Macron welcomes European Commission President Ursula Von der Leyen as she arrives for a summit at the Elysee Palace, in Paris, on March 27, 2025. F Ludovic Marin | Afp | Getty Images Tensions are likely to be high in Brussels this week, as yet another political implosion in France leaves the […]
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Steel industry in UK warns of ‘biggest crisis’ ever as EU hikes tariffs
Steel worker at the blast furnace tap of the at the Salzgitter AG steelworks on March 02, 2020 in Salzgitter, Germany. Maja Hitij | Getty Images News | Getty Images The European Union’s decision to hike steel tariffs and sharply cut import quotas has provoked widespread concern in the U.K., as well as rumblings of […]
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European stocks edge higher as French crisis weighs on sentiment; Gucci-owner Kering up 6%
LONDON — European stocks were higher on Tuesday afternoon, with all eyes on France after the resignation of Prime Minister Sebastien Lecornu plunged the country into a fresh political crisis. The pan-European Stoxx 600 index was up 0.2% by 12:10 p.m. in London (7:10 a.m. ET), with most sectors and major bourses in positive territory. […]
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France is plunged further into political crisis. Here’s what could happen next
France’s President Emmanuel Macron gestures as he speaks to the press at the end of the 7th European Political Community (EPC) Summit at the Bella Center in Copenhagen, Denmark on October 2, 2025. Ludovic Marin | Afp | Getty Images French President Emmanuel Macron is confronting another massive political headache following the shock resignation of […]
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Déjà vu in France as political chaos returns. But this time, it’s different
The National Assembly building in Paris, France, on Monday, Oct. 6, 2025. French Prime Minister Sebastien Lecornu resigned Monday morning, just a day after President Emmanuel Macron named a new cabinet that was broadly criticized. Photographer: Nathan Laine/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images As news of French Prime Minister Sebastien Lecornu’s resignation broke on Monday […]
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French PM resigns after 27 days sparking fresh political chaos
Sebastien Lecornu, France’s prime minister, during the handover ceremony at the Hotel Matignon in Paris, France, on Wednesday, Sept. 10, 2025. Bloomberg | Bloomberg | Getty Images France’s new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment, plunging the country into a fresh political crisis. Lecornu, France’s fifth PM in less than […]
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