Analysis: Indices

The end of the rally for European Banks?

After several years of outperformance, European banks are stalling.

Trafigura says Gupta pilfered funds from metals fraud for his distressed firms

LONDON -Commodity trader Trafigura's lawyers accused Indian businessman Prateek Gupta on Thursday of siphoning off funds from an alleged $600 million metals fraud to prop up his struggling business...

UK midcaps climb, FTSE 100 flat a day after budget

The UK's midcap index climbed on Thursday, hitting its highest in two weeks, a day after Finance Minister Rachel Reeves announced a big tax-raising budget. The blue-chip FTSE 100 ended...

Stocks buoyed by rate cut expectations, sterling choppy on UK budget surprise

NEW YORK -Global stocks rallied for a fourth straight day on Wednesday as expectations for a U.S. Federal Reserve rate cut remained elevated, while sterling was whipsawed by Britain's fiscal watchdog...

Heightened Fed cut expectations lift stocks, sterling choppy on UK budget surprise

NEW YORK -Global stocks advanced for a fourth straight day on Wednesday as expectations for a U.S. Federal Reserve rate cut remained intact, while sterling was whipsawed by Britain's fiscal watchdog...

What challenges lie ahead for UK's plan to expand Heathrow Airport?

LONDON -Britain selected Heathrow Airport's plan to build a new runway on Tuesday, as the government pushes ahead with the country's most controversial infrastructure project as part of its drive for...

UK to stockpile critical minerals, fast-track lithium plants

LONDON -Britain will include stockpiling of critical minerals in its defence procurement plan and expects lithium processing projects in northern England to break ground within the next few years as...

UK to impose anti-dumping duties on Chinese biodiesel imports

LONDON -Britain will apply anti-dumping duties on biodiesel imports from China after finding they were sold at unfairly low prices, the government said on Tuesday. Britain's body that...

France to help wine industry with $150 million in aid for vines uprooting

PARIS -The French Agriculture Ministry said on Monday it would give the wine industry additional support of 130 million euros for the further uprooting of vines, to guard against excessive output,...

Trafigura's former top nickel trader denies he colluded on $600 million fraud

LONDON -Trafigura's former head nickel trader denied allegations by Indian businessman Prateek Gupta on Monday in a London trial that he helped devise a $600 million fraud to swap expensive metals...

Belgian government reaches budget deal after months of talks

The Belgian government on Monday reached an agreement on its budget for next year after months of tense negotiations, Prime Minister Bart De Wever said. De Wever earlier this month set...

US demands 'balanced' EU digital rules before it cuts steel tariffs

BRUSSELS -The United States on Monday demanded that the European Union make its regulation of the tech sector more balanced in exchange for a reduction of U.S. tariffs on steel and aluminium imports...

China pitches closer ties to Germany in strategic industries to ease rare earth strains

BEIJING -China pitched stronger ties in its highest-level talks with Germany's new government as Beijing's top European trade partner seeks to smooth tensions over rare-earth curbs that have choked...

Britain unveils critical minerals strategy to cut reliance on foreign supply

Britain on Saturday rolled out a critical minerals strategy designed to reduce dependence on foreign suppliers by 2035, with targets to source 10% of domestic demand from UK production and 20% from...

AIP plans sale or listing of French aluminium plant, union says

PARIS -U.S. investment firm American Industrial Partners plans to sell or list on the stock market Aluminium Dunkerque, France's largest aluminium plant, a union official said on Friday. ...

Asian stocks sink as US jobs fail to clear rate outlook, tech hammered

SYDNEY -Asian shares extended a global rout on Friday as the much anticipated U.S. jobs data failed to provide clarity on interest rates, with investors returning to dumping riskier assets even after...

Germany to work closer with Singapore on supply chain issues

SINGAPORE -Singapore is ready to work closer together with Germany to tackle the supply-chain challenges both face in a new global scenario, German Finance Minister Lars Klingbeil said on Thursday,...

EU-Mercosur trade deal still needs work to be acceptable for France, says government

PARIS -A trade deal negotiated between the European Union and the South American trade bloc Mercosur is still not acceptable for France in its current form, a French government spokesperson said on...

EU plans to limit exports of aluminium scrap

BRUSSELS -The European Commission plans to restrict EU exports of scrap aluminium, to stop the metal flooding out of the bloc and leaving its industry short of an input required to decarbonise, EU...