Armin Papperger, Chairman of the Executive Board of Rheinmetall AG, stands at the annual press conference at Group headquarters. Picture Alliance | Picture Alliance | Getty Images European defense giants fell sharply on Monday, extending recent losses as investors grapple with a broad and severe stock market downturn. U.S. President Donald Trump showed no signs…
Shipping giant Hapag-Lloyd posts 2024 profit decline, flags ‘fragile’ environment The Toronto Express container ship, operated by Hapag-Lloyd AG at the Port of Hamburg in Hamburg, Germany, on Wednesday, Dec. 20, 2023. Maria Feck | Bloomberg | Getty Images German shipping giant Hapag-Lloyd on Thursday reported a 19% slide in annual group profit to $2.59…
From Brussels to Berlin, leaders across Europe are getting ready to spend hundreds of billions to rebuild their armies. The spending, they say, is necessary to prepare Europe for the dangers of a world where the United States no longer guarantees its security. But many of them are also hoping that the surge of money…
Global stock markets and shares in European carmakers tumbled on Tuesday as President Trump’s broad tariffs against Canada, Mexico and China came into effect. European stocks slumped as investors weighed the prospects of a global trade war after China and Canada quickly retaliated with tariffs of their own. U.S. futures signaled that the S&P 500…
European defense stocks soared on Monday after the region’s leaders vowed to take on “the heavy lifting” of defending Ukraine from Russia. The rally comes as the three-year-old war appears set to move into a new stage after an Oval Office blowup on Friday put President Volodymyr Zelensky of Ukraine on the outs with President…
Ukraine’s President Volodymyr Zelensky, Britain’s Prime Minister Keir Starmer and France’s President Emmanuel Macron hold a meeting during a summit at Lancaster House in central London on March 2, 2025. European leaders descended upon London for talks to “drive forward” action on Ukraine, according to the office of UK Prime Minister Keir Starmer. Justin Tallis…
European defense stocks continued their rally on Tuesday, as President Trump’s threats to reduce American military support to the continent and NATO raised the prospect that Europe’s governments will increase military spending. The flurry of trading helped push the Pan-European Stoxx 600 index to a record high; the Stoxx Europe Total Market Aerospace & Defense…
Europe stocks close higher European stock markets regained positive momentum on Monday, with the Stoxx 600 index closing up 0.59% at an all-time high of 555.65. Germany’s DAX led major bourses with a 1.26% gain, while France’s CAC 40 and the U.K.’s FTSE 100 were 0.13% and 0.41% higher respectively. Stock Chart IconStock chart icon…
The DAX , a benchmark of 40 German blue-chip stocks hit a record high on Monday, despite a disappointing GDP print out of Germany — and it’s not the first time Germany’s stock market and its economy have diverged considerably. Europe’s largest economy contracted for the second year in a row in 2024, but the…
Israel’s Iron Dome anti-missile system intercepts rockets, as seen from Ashkelon, Israel, October 1, 2024. Amir Cohen | Reuters LONDON — European stocks were slightly higher Wednesday as investors attempted to look beyond escalating tensions in the Middle East and await fresh employment data out of the region. The pan-European Stoxx 600 was up 0.35%…