The European index rose 3.1% last week to its highest level since January 2022. Investors in Europe's stock markets are bracing for a flood of earnings reports, data releases, and statements from central banks, with the trading getting off to a shaky start this week.
Europe
EU Takes First Step to Use Frozen Assets of Russia to Rebuild Ukraine
The European Union (EU) has taken a significant step to support Ukraine by adopting a law to allocate windfall profits on frozen Russian central bank assets for rebuilding the war-struck country.
Donald Trump Earned Joe Biden, Western Leaders' Ire After Saying He'd Let Russia Attack NATO Countries Not Paying Enough
President Joe Biden and other top Western officials have lambasted former President Donald Trump after he suggested that the US may not protect NATO allies who are not spending enough on defense from a potential Russian invasion.
Russia Confirms Vladimir Putin Gave Interview to Controversial US Media Personality Tucker Carlson
Controversial US media personality Tucker Carlson has recently interviewed Russia's President Vladimir Putin, the Kremlin confirmed.
Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen
The Iranian-backed Houthi rebels fired missiles at two commercial vessels in the Red Sea on Tuesday, the first attacks since the US and UK launched strikes against dozens of Houthi targets in Yemen over the weekend.
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Trafigura is evaluating the security risks of future Red Sea voyages following an attack on the company's Marlin Luanda oil tanker by Yemen-based Houthi rebels.
A British oil tanker was reported to be engulfed in flames in the Gulf of Aden after Houthi rebels hit it with a missile on Friday after transiting the Red Sea.
NATO Signs $1.2 Billion Contract for 155mm Artillery Ammunition to Boost Ukraine's Depleted Supplies
NATO has signed a $1.2 billion contract for thousands of artillery shells, some of which will be delivered to Ukraine after it complained of ammunition shortages amid war with Russia.
The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.
Warren Buffett-backed BYD has seized the top position in China's car market, ending Volkswagen's 15-year reign.
US tech giant Apple has paid a fine of $13.65 million imposed by Russia's FAS antitrust agency for the company's alleged abuse of its dominant market position concerning in-app payments.
Russia's state-owned news agency RIA said the West could lose $288 billion if they decide to confiscate frozen Russian assets to help rebuild Ukraine.
China's yuan has ousted the US dollar as the most traded currency in Russia in 2023. China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.
Ukraine's President Volodymyr Zelenskyy faced disappointment as his attempts to secure a meeting with Chinese officials during the annual World Economic Forum in Davos, Switzerland, were unsuccessful.
