Author: Euronews

European markets continued to outperform their US counterparts despite the recent rebound on Wall Street. Notably, the banking and industrial sectors stand as the top two performers, driven by relatively cheaper valuations, expectations for surging defence spending, and optimistic economic outlooks. ADVERTISEMENTOn Tuesday, European stock markets snapped a three-day losing streak following news that US President Donald Trump may soften his tariff stance. The pan-euro Stoxx 600 index rose 0.67%, the DAX jumped 1.13%, and the CAC 40 climbed 1.08%.  In the year to date, Europe’s equity markets continue outperforming their US counterparts, with the euro Stoxx 600 gaining 8.9% and…

The development, which was announced by the White House on Tuesday, came after three days of talks in Riyadh, Saudi Arabia.

Crude oil prices jumped following US President Donald Trump’s announcement that he would impose 25% tariffs on Venezuela’s oil buyers. The West Texas Intermediate (WTI) futures at NYNEX rose 11% and the Brent futures at ICE were up 6.7% since their lows on 5 March.

The mass protests triggered by Ekrem İmamoğlu’s arrest come as the EU tries to deepen its engagement with Turkey over Syria and Ukraine.

A teenage boy and a Hamas leader were killed in the strike on the Nasser Hospital in Khan Younis, injuring multiple people and causing a large fire.

A weak and frail Pope Francis has left the hospital and has gone home to the Vatican after surviving a five-week, life-threatening bout of pneumonia. ADVERTISEMENTA motorcade carrying the 88-year-old pope wound its way through light Rome traffic Sunday morning. Before leaving Gemelli hospital, Francis gave a thumbs up and acknowledged the crowd after he was wheeled out onto the balcony overlooking the main entry. Hundreds of people had gathered on a brilliant Sunday morning to say goodbye.The Argentine pope, who has chronic lung disease and had part of one lung removed as a young man, was admitted to Gemelli…

Israeli strikes across the southern Gaza Strip killed at least 19 overnight into Sunday, including a senior Hamas political leader and several women and children.

Pope Francis will appear in public again on Sunday for a greeting and blessing to the faithful after the traditional Angelus Catholic prayer. The text will not be read by the Pontiff but only broadcast.

Experts believe that an initial spike in remote work during the pandemic is mostly over and that the future will involve hybrid work. ADVERTISEMENTAs the COVID-19 pandemic spread rapidly in March 2020, many were ordered to stay at home, leading to a rise in remote work.The EU agency Eurofound, which compiled data from over 250,000 people through seven e-surveys on working conditions before and during the pandemic, found that COVID-19 brought about a rapid pivot to remote work that’s still in place today. Eurofound researcher Oscar Vargas Llave told Euronews Next that at the pandemic’s peak, 23 per cent of the…

The oil tanker ‘Eventin’, believed to be part of Russia’s efforts to evade sanctions, was already towed into safer waters by a German tugboat in January after it was discovered adrift in heavy seas off the Baltic coast. ADVERTISEMENTGerman customs authorities have seized the Panama-flagged tanker ‘Eventin’, which has been anchored off Germany’s Baltic Sea coast since January.The ship is believed to be part of Russia’s so called ‘shadow fleet’ of aging tankers of uncertain ownership and safety practices that Western governments say Moscow has resorted to using to dodge sanctions and keep oil revenue flowing.Security sources told German news…