Europe
Europe
European finance: the eurozone, the City of London, the ECB and the continent’s companies and markets.
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Iran shuts Strait of Hormuz as Gulf attacks follow US strikes
Iran's Revolutionary Guards have closed the Strait of Hormuz, threatening a fresh surge in global energy prices after a rapid collapse of diplomatic talks in Muscat and retaliatory US strikes on Iranian targets.
2 min read · 12 Jul 2026
€Abivax $920 million cash haul lets it prepare for solo U.S. launch instead of relying on a buyer, CEO tells CNBC
Apollo hijacks easyJet takeover with £5.7bn bid, trumping Castlelake
France adds a new millionaire every 15 minutes. How does Europe compare?
EU to rewrite MiCA crypto rules in 2027 as US stablecoins surge
US job growth plummets as eurozone unemployment holds at record low
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