A German national flag on a barge near the Volkswagen AG factory in Wolfsburg, Germany, on Tuesday, March 10, 2026. Bloomberg | Bloomberg | Getty Images Volkswagen reported weaker-than-expected second-quarter profits on Friday and scrapped hope for sales revenue growth in 2026, as the German auto giant lays the groundwork for a radical overhaul of…
Cars are parked in fron of the Zwickau Volkswagen Plant on July 9, 2026 at the Zwickau, eastern Germany. Jens Schluter | Afp | Getty Images Volkswagen‘s management plans to drastically reduce its model lineup and further cut capacity, although the German auto giant stopped short of announcing sweeping job cuts following tense stakeholder talks….
Joachim Nagel, President of the Bundesbank, Germany’s central bank, speaks to members of the Foreign Journalists’ Association on April 23, 2024 in Berlin, Germany. Michele Tantussi | Getty Images Inflation is at risk of remaining above target despite the U.S. and Iran agreeing to end their war in the Middle East, a top European central…
People jump in the Trocadero Fountain near the Eiffel Tower during a heatwave in Paris on June 22, 2026. Julien De Rosa | Afp | Getty Images LONDON — Multiple Western European countries have spent this week grappling with record-smashing heatwaves, with red alerts issued in the U.K., France, Germany, Switzerland and Italy that warn…
Defense stocks plummeted on Wednesday after a report that Germany will abandon plans to build six warships, fuelling investor fears that the boost to defense contractors from increased government spending may not fully materialize. Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times, citing two people…
The U.S. has launched an investigation into Germany’s pharma policies over what it referred to as “persistent underpayment” for medicines as the European country looks to limit spiraling healthcare costs, including spending on drugs. “President Trump has made clear that American patients should not be shouldering a disproportionate share of global pharmaceutical research and development,”…
NBA Deputy Commissioner Mark Tatum speaks during the second round of the 2019 NBA Draft at the Barclays Center on June 20, 2019, in the Brooklyn borough of New York City. Sarah Stier | Getty Images The NBA plans to begin naming winning bidders for 12 permanent European teams in the next 60 to 90…
Keir Starmer, UK prime minister, left, works with Sanae Takaichi, Japan’s prime minister, at 10 Downing Street in London, UK, on Sunday, June 14, 2026. Andy Rain | Bloomberg | Getty Images World leaders welcomed the U.S.-Iran agreement to end the Middle East war, with some European nations reportedly signaling they were prepared to lift…
An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images LONDON — European stocks are expected to open in mixed territory on Wednesday as regional investors assess the latest military operations against…
European stocks opened higher on Monday as hopes for a deal between the U.S. and Iran rose over the weekend. Shortly after the opening bell, France’s CAC 40 added 0.9%, while Germany’s DAX rose 0.8%. The U.K’s FTSE 100 is closed for a public holiday. Stocks in Europe are tracking their Asian counterparts higher after…
