Latest news with #EUROPEAN
Business Times
20 hours ago
- Business
- Business Times
Europe: Shares end May higher as trade uncertainty persists
EUROPEAN shares closed higher on Friday (May 30), rounding off the month with gains in a still uncertain trade environment as investors assessed the latest developments in US President Donald Trump's tariff plan. The continent-wide Stoxx 600 index ended 0.1 per cent higher, brushing off a temporary reinstatement of the most sweeping Trump's tariffs on Thursday, a day after another court ordered an immediate block on them. However, the benchmark index pared most gains after Trump said on Friday that China had violated an agreement on tariffs and issued a new threat to get tougher with Beijing, without revealing details. 'It is a whole different situation that we are going to be in... it's longer and slower and more complicated,' said Jochen Stanzl, chief market analyst at CMC Markets, pointing to the developments on the tariff front. The index still posted its first monthly advance in three, rising about 4 per cent, while also ending the week higher, as investors capitalised on Trump's decision to postpone tariffs on the EU, opening the door for Brussels to produce a trade deal with Washington and recent US fiscal concerns that sent investors flocking to assets outside the US. On the day, most sectors were higher, with utilities and healthcare shares up 0.8 per cent each. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Construction and materials stocks were at the bottom, down 1 per cent. 'This is very much driven by momentum and some fear of missing out... investors over the past few months have been trained to buy the dip to some extent,' said Stanzl. Europe's aerospace and defence index was the top winning sector for the month, up about 14 per cent, as dimming hopes of a truce between Russia and Ukraine persuaded investors to buy ammunition stocks. Germany's Dax 40 ended 0.3 per cent higher. Data showed German inflation eased further in May, bringing it closer to the European Central Bank's 2 per cent target and bolstering the case for an interest rate cut next week. Another dataset showed German retail sales fell by 1.1 per cent in April compared with the previous month. M&G gained 5.5 per cent after it said Japanese life insurer Dai-Ichi Life Holdings will take a 15 per cent stake in the British insurer and asset manager as part of a strategic deal. French pharmaceutical company Sanofi fell 4.8 per cent to a more than one-year low after its experimental drug Itepekimab failed to meet certain conditions. Carrefour fell 6 per cent to the bottom of the Stoxx 600 as the French food retailer traded without entitlement to its latest dividend payout on Friday. REUTERS
Scottish Sun
a day ago
- Scottish Sun
Europe's ‘paradise on earth' beach is offering free holidays – if you help clean it up
Plus, the UK's most popular holiday destination has world-class beaches, great pubs and TV-famous attractions SANDS GREAT Europe's 'paradise on earth' beach is offering free holidays – if you help clean it up A EUROPEAN beach is offering free holidays - as long as you do a bit of work beforehand. Hel Beach in Poland is offering free holidays in exchange for cleaning up the 35km-long beach. Advertisement 4 Volunteers will be given holidays in return for clearing up the beach Credit: Alamy 4 They will need to clean up cigarette butts, plastic and bottle caps Credit: Alamy The campaign offers a "chance to meet new people while enjoying fun, well-organized free-time activities", according to the Bałtyk 2.0 Foundation. The foundation added that it's 'cleaning for holidays' scheme' along the Hel Peninsula lasts for four days at a time. The foundation's Weronika Rąk said to Wirtualna Polska: "We wanted to create something that not only helps clean up but also builds a community of conscious traveler "So we decided to take action." Advertisement The rules are simple - each day, volunteers must spend around six hours collecting cigarette butts, bottle caps, plastic packaging and shards of glass from designated beach areas. In return, volunteers will be given a free lodging in seaside tents, meals, insurance and workwear on what Finding Poland describes as "paradise on earth". In the evenings, bonfires, stand-up paddleboarding, art workshops and other activities will also be provided. The foundation will cover the cost of the campaign through the sale of bracelets, that feature the project's logo. Advertisement All fund raised will go towards gloves, bin bags and containers need for the daily cleanups. The project is part of a wider campaign which aims to highlight a broader environmental challenge across the region. £37 million beach upgrade in Croatia For example, in Gdynia, authorities collect around 120 tonnes of litter each tourist season. Bałtyk 2.0 is hoping that by combining the opportunity for a holiday with action, more young people will become involved in the fight for cleaner oceans. Advertisement Applications for the Hel cleanup camps are open until June 22. Hel beach is located in the charming seaside town of Hel. Sat on the Polish coast, the town is known for its scenic waterfront. 4 In return they will be given a camping holiday, with meals and activities included Credit: Alamy Advertisement The town's main attraction is its 14km beach, which stretches from the mouth of Hel Peninsula to the town of Jastarnia. The beach is a popular spot for swimming, sunbathing and watersports - in addition to offering amazing views out across the Baltic Sea. There are a number of other attractions in Hel too, including a historic lighthouse, boat tours and several restaurants and shops. There are a number of museums too. Advertisement These are six cleanest beaches in the UK where you can safely swim in the sea this summer. Plus, the UK's most popular holiday destination has world-class beaches, great pubs and TV-famous attractions.
The Irish Sun
a day ago
- The Irish Sun
Europe's ‘paradise on earth' beach is offering free holidays – if you help clean it up
A EUROPEAN beach is offering free holidays - as long as you do a bit of work beforehand. Hel Beach in Poland is offering free holidays in exchange for cleaning up the 35km-long beach. Advertisement 4 Volunteers will be given holidays in return for clearing up the beach Credit: Alamy 4 They will need to clean up cigarette butts, plastic and bottle caps Credit: Alamy The campaign offers a "chance to meet new people while enjoying fun, well-organized free-time activities", according to the Bałtyk 2.0 Foundation. The foundation added that it's 'cleaning for holidays' scheme' along the Hel Peninsula lasts for four days at a time. The foundation's Weronika Rąk said to Wirtualna Polska: "We wanted to create something that not only helps clean up but also builds a community of conscious traveler "So we decided to take action." Advertisement Read more on beach holidays The rules are simple - each day, volunteers must spend around six hours collecting cigarette butts, bottle caps, plastic packaging and shards of glass from designated beach areas. In return, volunteers will be given a free lodging in seaside tents, meals, insurance and workwear on what Finding Poland describes as "paradise on earth". In the evenings, bonfires, stand-up The foundation will cover the cost of the campaign through the sale of bracelets, that feature the project's logo. Advertisement Most read in News Travel All fund raised will go towards gloves, bin bags and containers need for the daily cleanups. The project is part of a wider campaign which aims to highlight a broader environmental challenge across the region. £37 million beach upgrade in Croatia For example, in Gdynia, authorities collect around 120 tonnes of litter each Bałtyk 2.0 is hoping that by combining the opportunity for a holiday with action, more young people will become involved in the fight for cleaner oceans. Advertisement Applications for the Hel cleanup camps are open until June 22. Hel beach is located in the Sat on the Polish coast, the town is known for its 4 In return they will be given a camping holiday, with meals and activities included Credit: Alamy Advertisement The town's main attraction is its 14km beach, which stretches from the mouth of Hel Peninsula to the town of Jastarnia. The beach is a popular spot for swimming, sunbathing and watersports - in addition to offering amazing views out across the Baltic Sea. There are a number of other attractions in Hel too, including a historic lighthouse, boat tours and several restaurants and shops. There are a number of museums too. Advertisement These are Plus, the UK's most popular holiday destination has world-class beaches, great pubs and TV-famous attractions. 4 Applications close June 22 Credit: Alamy
Business Times
2 days ago
- Automotive
- Business Times
Europe: Shares ease as trade uncertainty lingers after court blocks Trump's tariffs
EUROPEAN shares eased on Thursday as initial relief that a US trade court had blocked some of President Donald Trump's tariffs fizzled out. The continent-wide Stoxx 600 index closed 0.19 per cent lower at 547.88. The Court of International Trade ruled that Trump overstepped his authority by imposing across-the-board duties on imports from US trade partners on April 2. In a swift response, the Trump administration filed an appeal and questioned the authority of the court. 'This does not necessarily mean tariffs are disappearing any time soon, as the federal appeals court is likely to take a more favourable view of them,' said Lale Akoner, global market analyst at eToro. 'What it does signal, is the beginning of a lengthy legal battle, one that could ultimately reach the Supreme Court, a development with significant market implications.' BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up On Sunday, Trump backtracked on his latest tariff threats towards the European Union, as Brussels stepped up efforts to secure a deal with Washington. The ongoing tariff uncertainty saw most regional indexes close flat or lower on Thursday. However, European shares are expected to rise slightly by the end of 2025 before reaching new highs in 2026, a Reuters poll found. Wall Street's main indexes rose on the day, also lifted by AI bellwether Nvidia reporting a 69% surge in quarterly sales after Wednesday's closing bell. European semiconductor companies rode the wave, with ASM International gaining 2.7 per cent, Soitec up 3.6 per cent and ASML Holdings also marginally higher. Those gainers contained a decline in the broader technology index to 0.2 per cent, after it hit its highest level since early March. Utilities underperformed with the sector down 0.8 per cent overall. National Grid and Severn Trent fell 3.8 per cent and 2.3 per cent, respectively, as the British firms traded without entitlement to their latest dividend payouts. Shares of Auto Trader dropped 11.3 per cent in their biggest one-day fall since March 2020 after the UK's largest automotive platform missed full-year revenue estimates. The stock was also Thursday's worst performer. Swedish radiation therapy equipment maker Elekta extended gains from the previous session with a 5.9 per cent rise, the day's best performer. REUTERS
North Wales Chronicle
3 days ago
- Sport
- North Wales Chronicle
Chelsea come from behind to beat Real Betis and win Conference League
Everything for Enzo Maresca's team hinged around a five-minute spell midway through the second half. In that window Cole Palmer turned a match the LaLiga side had enjoyed by far the better of into a Chelsea procession, setting up headers first for Enzo Fernandez then for Nicolas Jackson just as the occasion looked to have overwhelmed this young Blues team. Until that point and against a wall of noise from the Betis end, Chelsea were outplayed and pegged back by an early goal from Abde Ezzalzouli. EUROPEAN WINNERS!!! 🏆 — Chelsea FC (@ChelseaFC) May 28, 2025 Then came Palmer's intervention, and once they led it was a simple matter of adding goals from Jadon Sancho and Moises Caicedo, as Betis' energy failed them. Chelsea had gifted them the lead after nine minutes. Malo Gusto's careless pass through midfield was cut out, the ball breaking to captain Isco who reversed a sumptuous pass in-field to find Ezzalzouli who peeled away. The winger took a touch to make space with his right foot then with his left drilled in into Filip Jorgensen's bottom corner. It would have been two moments later had Jorgensen not produced a fine reach to keep out Marc Bartra's curling long-range shot. There was the unmistakable sense of Betis, whose fans dominated the stadium in noise and number, having begun their first European final with the greater desire. Isco, a five-time Champions League winner but never as skipper, suggested before kick-off the game might mean more to his side than to Chelsea and in the first half there was no doubting Betis' extra energy. Gusto, who has had a poor season, was at fault again with an ineffective challenge to be robbed by Ezzalzouli. The goalscorer then bamboozled Caicedo before squaring it for Johnny Cardoso who from a glorious position blazed over. Pedro Neto then thumped the ball high and wide, a wild miss that summed up a poor Chelsea half in which they attacked at walking pace and Betis, superbly marshalled tactically by Manuel Pellegrini, coped with ease. Reece James replaced Gusto at the break and slowly Chelsea began to squeeze Betis in their own half. Finally 65 minutes into the final they produced their first clear opening, or rather Palmer did it alone. It was he who spotted the forward dart of Argentina midfielder Fernandez, and his arcing cross from wide on the right that the World Cup-winner nodded down through the grasp of Adrian and in. Chelsea were now awake and no one more so than Palmer, so when he picked up the ball on the far side of the penalty area five minutes later there was a ready feeling a second goal was imminent. So it proved, Palmer's chipped ball to the near post finding Jackson who adjusted his body well and guided home with his shoulder. The shock clearly affected Betis who were beginning to tire following a mammoth effort. What was left of their spirit drained away when Sancho lifted a wonderful curling finish into the top corner with seven minutes left, before Caicedo drilled home a late fourth.
