Item 1 of 5 The Nobel Prize Banquet chefs Pi Le and Tommy Myllymaki, pose in the kitchen at City Hall (Stadshuset), where the Nobel banquet will be hosted, in Stockholm, Sweden, December 8, 2025. REUTERS/ Greta Rosen Fondahn
England have lost the leader of their pace battery for the rest of the Ashes, with speedster Mark Wood to fly home after being ruled out of the final three Tests.
In another hammer blow to the tourists’ hopes of regaining the Ashes, Wood was told…
Qatar’s Emir Sheikh Tamim bin Hamad Al Thani (left) and Saudi Crown Prince Mohammed bin Salman (right). Photo: X/@TamimBinHamad
Saudi Arabia and Qatar on Monday (December 8,…
UK-based Hayfin Capital Management has booked a tidy profit after offloading a pair of suezmax resales, brokers report.
The GH Pankhurst and GH Keller (both 158,000 dwt and scheduled for delivery in 2026 from HD Hyundai…
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019.
Kai Pfaffenbach | Reuters
European shares are expected to open mostly flat on Tuesday as global investors await the U.S. Federal Reserve’s monetary policy update.
Futures tied to the pan-European Stoxx 50 were last seen trading flat, while those tied to the FTSE 100, DAX and CAC 40 indexes were also little changed.
The Fed is widely expected to cut its key interest rate at its final meeting of the year. Money markets are currently pricing in an 87% chance of a quarter-point cut when the central bank wraps up its two-day meeting on Dec. 10, according to the CME’s FedWatch tool.
The move will set the scene for central banks in Europe, with the Swiss National Bank set to deliver its own policy update on Thursday. The Bank of England and European Central Bank follow on Dec. 18, with Norway’s Norges Bank and Sweden’s Riksbank also scheduled to announce interest rate decisions on the same date.
In corporate news, the European Union announced Tuesday that it had struck a deal to “simplify” corporate sustainability laws. Under the updated system, most companies in the EU will be exempt from complying with sustainability reporting.
“Today we delivered on our promise to remove burdens and rules and boost EU’s competitiveness,” Marie Bjerre, minister for European affairs of Denmark, said in a statement. “This is an important step towards our common goal to create a more favourable business environment to help our companies grow and innovate.”
Investors are also digesting comments from U.S. President Donald Trump, who said on Monday that the U.S. will allow Nvidia to ship its H200 AI chips to “approved customers” in China — if America gets a 25% cut of the proceeds.
On Monday, the Magnum Ice Cream company debuted on the Amsterdam stock exchange, completing its spin-off from consumer goods giant Unilever. The stock rose slightly during the session.
Tuesday will see data releases on German exports, Dutch inflation, and British retail sales.
Overnight in Asia, stocks were broadly lower, while U.S. stock futures were last seen trading flat.
In recent years, blown-up gas pipelines and severed data cables have made it evident that conflicts no longer only take place on the traditional battlefield, but also on the seabed. If Denmark is to be better able to keep a watchful eye…
Few marketers can transform consumers’ lives in an instant. But with The National Lottery delivering wins all day, every day across its portfolio of games, Steve Parkinson, Allwyn’s UK brand and marketing director, is also elevating the…
ARC Raiders is a newly released extraction shooter from Embark…