European stocks set to open higher amid hopes for an Iran-Israel ceasefire
Sunrise in London.
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Good morning from London on Tuesday, and welcome to CNBC's live blog covering European financial markets and the latest regional and global business news, data and earnings.
Futures data from IG suggests a positive start for European markets, with London's FTSE looking set to open 0.3% higher at 8,792, Germany's DAX up 1.1% 23,541, France's CAC 40 1% higher at 7,618 and Italy's FTSE MIB also up 1% at 39,321.
Global market sentiment rose after President Donald Trump said that there is a ceasefire timeline for Israel and Iran, prompting U.S. stock futures and Asia-Pacific markets to rise on Monday night.
"It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE ... for 12 hours, at which point the War will be considered, ENDED!" Trump wrote on Truth Social.
Neither Iran nor Israel has publicly confirmed acceptance of a ceasefire timeline, however.
Follow CNBC's live blog on all the latest developments in the Israel-Iran conflict here .
— Holly Ellyatt
NATO Secretary General Mark Rutte holds a press conference ahead of a NATO summit, in The Hague, Netherlands June 23, 2025.
Yves Herman | Reuters
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The Hill
9 minutes ago
- The Hill
Israel and Iran accept ceasefire
BEERSHEBA, Israel (AP) — Israel and Iran on Tuesday accepted a ceasefire plan proposed by U.S. President Donald Trump to end their 12-day war that roiled the Middle East, after Tehran launched a retaliatory limited missile attack on a U.S. military base in Qatar. The acceptance of the deal by both sides came after Tehran launched a final onslaught of missiles targeting Israel that killed at least five people early Tuesday morning, while Israel launched a blitz of airstrikes targeting sites across Iran before dawn. Prime Minister Benjamin Netanyahu said Israel had agreed to a bilateral ceasefire with Iran in coordination with Trump. Netanyahu said that he had reported to Israel's security cabinet Monday night that Israel had achieved all of its war goals in the 12-day operation against Iran, including removing the threat of Iran's nuclear and ballistic missile programs. Israel also damaged Iran's military leadership and several government sites and achieved control over Tehran's skies, Netanyahu said. 'Israel will respond forcefully to any violation of the ceasefire,' Netanyahu said. Heavy Israeli strikes continued in Iranian cities until shortly before 4 a.m., followed by Iranian barrages that sent Israelis hurrying into bomb shelters as the sun rose, killing at least five people and injuring eight others, Israel's Magen David Adom rescue services said. Writing over an hour after a deadline passed for Iran to halt its attacks, Trump wrote on Truth Social: 'THE CEASEFIRE IS NOW IN EFFECT. PLEASE DO NOT VIOLATE IT! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES!' Iranian state television reported that the ceasefire went into effect at 7:30 a.m., but Iranian officials have not commented since Trump's announcement. Hours earlier Iran's top diplomat said the country was prepared to halt airstrikes. 'As of now, there is NO 'agreement' on any ceasefire or cessation of military operations,' Iranian Foreign Minister Abbas Araghchi wrote in a post on X. 'However, provided that the Israeli regime stops its illegal aggression against the Iranian people no later than 4 am Tehran time, we have no intention to continue our response afterwards.' Araghchi added: 'The final decision on the cessation of our military operations will be made later.' Iran's barrage damaged at least three densely packed residential buildings in the city of Beersheba, police said. First responders said they retrieved five bodies from one building and were searching for more. At least 20 people were injured. Outside, the shells of burned out cars littered the streets. Broken glass and rubble covered the area. Hundreds of emergency workers gathered to search for anyone else trapped in the buildings. Police said some people were injured even while inside their apartments' reinforced safe rooms, which are meant to withstand rockets and shrapnel but not direct hits from ballistic missiles. The direct hit in the largest city in southern Israel came before Trump said the ceasefire had gone into effect. Trump's announcement that Israel and Iran had agreed to a 'complete and total ceasefire' came soon after Iran launched a limited missile attack Monday on a U.S. military base in Qatar, retaliating for the American bombing of its nuclear sites. The U.S. was warned by Iran in advance, and there were no casualties. Trump's announcement on Truth Social said the ceasefire beginning about midnight Washington time would bring an 'Official END' to the war. Trump gave the conflict between Israel and Iran a name: the '12 Day War.' That recalls the 1967 Mideast war, known by some as the 'Six Day War,' in which Israel fought a group of Arab countries including Egypt, Jordan and Syria. Trump's reference carries emotional weight for the Arab world, particularly Palestinians. In the 1967 war, Israel captured the West Bank and east Jerusalem from Jordan, the Gaza Strip and the Sinai Peninsula from Egypt, and the Golan Heights from Syria. Though Israel later gave the Sinai back to Egypt, it still holds the other territories. Trump communicated directly with Israeli Prime Minister Benjamin Netanyahu to secure the ceasefire, according to a senior White House official who insisted on anonymity to discuss the Monday talks. Vance, Secretary of State Marco Rubio and special envoy Steve Witkoff communicated with the Iranians through direct and indirect channels. The White House has maintained that the Saturday bombing helped get the Israelis to agree to the ceasefire and that the Qatari government helped to broker the deal. It's unclear what role Ayatollah Ali Khamenei, Iran's leader, played in the talks. He said earlier on social media that he would not surrender. Israel's Airports Authority said Iran's barrage forced them to close the country's airspace to emergency flights for several hours. Some flights were forced to circle over the Mediterranean Sea, according to Israeli media. Israel's airports have been closed since the war with Iran began, but a handful of emergency flights started arriving and departing over the past few days. By early Tuesday, Qatar Airways resumed its flights after Qatar shut down its airspace over the Iranian attack on Al Udeid Air Base. Flight-tracking data showed commercial aircraft again flying in Qatari airspace, signaling Doha believed the threat on the energy-rich nation had passed. In Israel, at least 29 people have been killed and more than 1,000 wounded in the war. Israeli strikes on Iran have killed at least 974 people and wounded 3,458 others, according to the Washington-based group Human Rights Activists. The group, which has provided detailed casualty figures from Iranian unrest such as the protests surrounding the death of Mahsa Amini in 2022, said of those killed, it identified 387 civilians and 268 security force personnel. The U.S. has evacuated some 250 American citizens and their immediate family members from Israel by government, military and charter flights that began over the weekend, a State Department official said. There are roughly 700,000 American citizens, most of them dual U.S.-Israeli citizens, believed to be in Israel. ___ Gambrell reported from Dubai, United Arab Emirates, and Lidman reported from Tel Aviv, Israel. Associated Press writers Josef Federman in Jerusalem, Qassim Abdul-Zahra in Baghdad, Abby Sewell in Beirut, Elise Morton in London, Geir Moulson in Berlin, Ella Joyner in Brussels, Edith M. Lederer at the United Nations and Stephanie Liechtenstein in Vienna contributed to this report.
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Cipla Health Expands Wellness Portfolio with Prolyte ElectroShot for Everyday Hydration
Electrolyte-powered fruit juice-based beverage now available in three refreshing flavours – Mango Mania, Orange Burst and Apple Delight MUMBAI, India, June 24, 2025 /PRNewswire/ -- Cipla Health Ltd., one of India's most trusted fast-moving wellness goods (FMWG) companies, has announced the launch of Prolyte ElectroShot, a ready-to-drink electrolyte based hydration beverage. Designed for people with active, on-the-go lifestyles, Prolyte ElectroShot combines the natural goodness of fruit juice with essential electrolytes for a refreshing and effective hydration solution. With this launch, Cipla Health marks its foray into the fruit juice-based beverage segment. Prolyte ElectroShot builds on the legacy of Prolyte a leader in the oral rehydration category, and caters to the growing demand for smart hydration options that don't compromise on taste. Available in three vibrant flavours, Mango Mania, Orange Burst, and Apple Delight—the product is crafted to meet diverse taste preferences while supporting hydration and energy needs throughout the day, fitting seamlessly into everyday routines. Speaking about the launch, Mr. Shivam Puri, MD & CEO, Cipla Health Limited, said, "At Cipla Health, we believe good health is shaped by the small but consistent choices we make every day. With Prolyte ElectroShot, we are making hydration more thoughtful and enjoyable. It's designed for people who are seeking energy and quick rehydration with vital electrolytes. Prolyte ElectroShot fits into everyday life, whether at home, at work, or on the move." To ensure wide availability, Cipla Health is rolling out Prolyte ElectroShot through its extensive distribution network. The product will be available at chemist stores, grocery and provision outlets, eateries, and refreshment points. The company is also placing special focus on expanding its presence in modern trade and strengthening its reach through e-commerce and quick commerce platforms. With this launch, Cipla Health continues to strengthen its commitment to wellness by offering products that are practical, enjoyable, and aligned with everyday consumer needs. About Cipla Health Limited: Cipla Health Limited, the fast-moving wellness goods (FMWG) arm of Cipla, was incorporated in 2015 with a vision to spearhead the wellness wave in India. Cipla Health has delivered rapid growth and today plays across a diverse portfolio of 20+ brands with most key brands being No. 1 or No. 2 in their respective categories. The portfolio includes products in Pain Care (Omnigel), Smoking Cessation (Nicotex), Oral Rehydration Solutions (Prolyte), Medicated Ointments (Cipladine), Cough & Cold (Cofsils and Naselin), Multi Vitamins (Maxirich), Weight Gain (Endura Mass) and Personal Care (Rivela Dermascience, Cetafresh, Tugain Essentials). Logo: View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
