Shares in European banks and in the travel and leisure industries surged about 10% on Monday after Pfizer announced that its experimental COVID-19 vaccine was more than 90% effective, which prompted a major rally across the continent’s bourses.
Europe’s banking index made its biggest jump since the European sovereign debt crisis in 2011 and gained 10.9%.
European airlines, hard hit by the social restructions induced by the pandemic, made high double-digit gains, such as BA owner IAG, rising close to 40%.
Earlier, Britain’s transport minister Grant Shapps told an online airport industry conference that Britain was making “good progress” with a plan to allow COVID-19 tests to shorten a 14-day quarantine period for those returning from abroad, a change that could help fuel a recover in travel.
The pan-European STOXX 600 index, which was already rising after Joe Biden’s victory in the U.S. presidential election, jumped 4.5%.
Wealthy nations with the highest rate of immigration over the past 35 years reaped a large economic benefit and many could still absorb more workers, according to research to be present...
European Parliament committees have backed plans to establish a new EU programme aimed at accelerating defence innovation in response to the changing security environment created by Russ...
Morning Briefing
Court Clears Way for €78 Million Evans Building Redevelopment
A Court of Appeal ruling has reinstated Valletta Luxury Projects' concession to redevelop the histori...
Morning Briefing
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The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
Wealthy nations with the highest rate of immigration over the past 35 years reaped a large economic benefit and many could still absorb more workers, according to research to be present...
Apple has increased the prices of selected MacBooks and iPads worldwide, citing a sharp rise in the cost of memory and storage chips driven by growing demand from artificial intelligence...
The European Parliament has approved a major new initiative aimed at reducing workplace accidents and strengthening worker protection across the European Union, as concerns continue to g...
The European Union has approved new rules aimed at tightening the screening of foreign investments in strategic sectors, marking a major shift in Europe’s approach towards economic secur...
Reference is made to the road traffic incident involving one of our buses on 18 June 2026 in Mosta, during which our bus driver sustained serious injuries. We would like to express our s...
GO ENERGI is offering households the opportunity to take advantage of the Government’s current grants to support PV systems and battery storage through a range of solar energy solutions ...
The U.S. and Iran released the text of an interim agreement their presidents have signed to end their war on Wednesday, with U.S. President Donald Trump threatening to resume attacks and...
U.S. and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Te...
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
Ukraine will carry out preemptive attacks on facilities Russia is using for its war, President Volodymyr Zelenskiy said in his evening address on Wednesday, as Kyiv expands strikes on ...
President Volodymyr Zelenskiy said that Ukraine had submitted a revised application to join the Organisation for Economic Co-operation and Development (OECD), a club of mostly advanced...
