Breaking News: Europe

Finance

HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit

Europe’s largest lender, HSBC, reported first-quarter pre-tax profit of $9.4 billion on Tuesday, missing analysts’ estimates on the back of

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Earnings

ASML stock sinks amid tightening China restrictions despite strong earnings, guidance

ASML stock fell 6% on Wednesday despite raising its sales forecast for 2026 and beating first-quarter revenue and profit expectations.

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Earnings

Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 8%

A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in

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Earnings

LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war

A Louis Vuitton bag is displayed at the LVMH Moet Hennessy Louis Vuitton stand during the Viva Technology conference dedicated

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Politics

Russia welcomes arrival of oil tanker in Cuba after Trump softens approach to U.S. blockade

An old Soviet-era Lada car drives past a truck belonging to a private Cuban company (mipyme) parked in front of

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Earnings

Rheinmetall sees sales growth of up to 45% in 2026, says it’s in ‘prime position’ to arm the

German Rheinmetall MAN tactical military transport vehicles parked in the Edvard Peperko military barracks. Luka Dakskobler | Lightrocket | Getty

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Economy

European Central Bank holds rates steady, warns outlook is ‘significantly more uncertain’

A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in

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Politics

UAE’s Fujairah oil trading hub targeted by a drone attack, causing large fire

A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait of Hormuz

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Earnings

Jeep maker Stellantis posts first annual loss in company history after EV write-downs

Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy,

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Politics

‘No to war’: Spain PM hits back at Trump threat to cut trade over air base dispute

The President of the Government, Pedro Sanchez, speaks during the official opening dinner of the Mobile World Congress (MWC) Barcelona

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