Shares in UK home construction companies rose after Andy Burnham, the frontrunner for Prime Minister, outlined an ambitious agenda focused on council house building and property tax reform.
The German automaker is weighing a second round of 50,000 job reductions to close a 20% cost disadvantage with competitors, according to an internal memo seen by Reuters. The move is part of a broader restructuring effort amid intense market pressure.
A court in Tbilisi has sentenced opposition politician Aleko Elisashvili to 13 years in prison on terrorism charges, a verdict that highlights growing political tensions and concerns over democratic backsliding in Georgia.
A Qatari delegation visited Iran on Friday in an effort to de-escalate regional hostilities, according to Iran's Tasnim news agency, with a source telling Reuters the talks are coordinated with the U.S.
A record-breaking heatwave in late June coincided with more than 10,000 excess deaths across 27 European countries, according to official data from a European health monitoring network.
European wholesale natural gas prices jumped to their highest level in over a month amid escalating Middle East hostilities and conflicting reports over the closure of the strategic Strait of Hormuz.
The world's largest cryptocurrency fell 1.4% to trade around $63,305 as a risk-off mood took hold of markets, though fresh inflows into spot Bitcoin ETFs provided a degree of support.
Bitcoin's price declined as a broader risk-off sentiment took hold, driven by U.S. military strikes in the Middle East and a sell-off in technology stocks that overshadowed renewed inflows into spot Bitcoin ETFs.
Bitcoin regained the $64,000 level and is on track for a weekly gain, supported by a broader market rally in technology stocks that boosted investor risk appetite. The move came as geopolitical tensions that had previously weighed on sentiment appeared to ease.
