European Super League is dead
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The pan-European Stoxx 600 provisionally advanced 0.9% by the end of the trading session, reversing morning losses.
In a speech at the World Economic Forum last month, Ursula von der Leyen, head of the European Union’s executive body, repeatedly stressed the bloc’s need for “independence.”
FRANKFURT, Feb 5 (Reuters) - European Central Bank President Christine Lagarde will present EU leaders next week with a checklist of measures needed to enhance growth and competitiveness, taking an unusual step to raise pressure on governments to speed up a slow and often timid reform process.
The yield on 10-year gilts — the benchmark for U.K. government borrowing — rose about 1 basis point to 4.546%, while sterling was last seen down 0.71% against the dollar at $1.3553 following the decision. The European Central Bank also held its key interest rate steady, at 2%, on Thursday afternoon.
Ministers from six leading European economies including Germany and France vowed to be the drivers of European progress as they tackled how to advance projects stalled by the EU's complex decision-making process at a time of geopolitical upheaval.
Opinion
6don MSNOpinion
US, European car brands have lost $114B on EVs — as idiocy abounds in electric market
Just two years ago, Mary Barra, chief executive of General Motors, declared: “We believe in an all-electric future.” She went on to claim that the challenges her company was facing in the EV market were merely temporary bumps on the road to net zero.
India and the European Union have reached a free trade agreement that covers up to 2 billion people after nearly two decades of negotiations.
The European Union opened a formal investigation into Elon Musk's social media platform X on Monday after his artificial intelligence chatbot Grok spewed nonconsensual sexualized deepfake images on the platform.
20don MSN
European Stock Markets Tumble on Trump’s Tariff Threats, But Analysts Caution Against Panic
J.P. Morgan said the Greenland-related tariffs could trigger a broader negative shift in sentiment as market uncertainty increases.
It's another weekend of European soccer, and this Saturday has been full of great matches! The day began in the Premier League with Manchester United making it four wins in a row under coach Michael Carrick with a 2-0 win over Tottenham Hotspur in a rematch of the UEFA Europa League final.
European stocks ended flat Tuesday as global markets settled following a short-lived sell-off in cryptocurrencies and precious metals.