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Western allies push back on Trump call for NATO help to reopen Hormuz

Western allies push back on Trump call for NATO help to reopen Hormuz

NATO allies and other Western nations pushed back Monday on US President Donald Trump's demand that alliance members help reopen the Strait of Hormuz, the critical conduit for crude oil that Iran has effectively closed.

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Central banks meet as Mideast war fuels inflation fears

Central banks meet as Mideast war fuels inflation fears

Some of the world's biggest central banks meet this week as fears grow the energy shock unleashed by the Middle East war could fuel inflation and weigh on growth.

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European bank battle heats up as UniCredit swoops for Commerzbank

European bank battle heats up as UniCredit swoops for Commerzbank

Italian bank UniCredit on Monday made a 35-billion-euro ($40 billion) takeover offer for Commerzbank, sparking fury from Berlin and a defiant vow from the German lender to defend its independence.

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Oil eases on hopes for Strait of Hormuz passage

Oil eases on hopes for Strait of Hormuz passage

Oil prices eased on Monday as investors balanced hopes for the crucial Strait of Hormuz reopening with concerns over further attacks on energy infrastructure.

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Race for Paris mayor on knife's edge after first round

Race for Paris mayor on knife's edge after first round

The race for Paris mayor looked uncertain Monday as a right-wing former minister hoping to wrest control of the French capital from the left claimed she had gained key support for a second-round run-off.

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Denmark's election candidates bare all in sauna campaigning

Denmark's election candidates bare all in sauna campaigning

Danes are accustomed to seeing their politicians hand out biscuits or flowers on the campaign trail, but ahead of elections next week, some candidates are stripping down to stump in saunas.

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Russia targets Kyiv at rush hour, kills 3 across Ukraine

Russia targets Kyiv at rush hour, kills 3 across Ukraine

Drone debris crashed onto the historic Maidan square in central Kyiv early Monday as explosions echoed out during a rare daytime Russian attack on the Ukrainian capital, AFP journalists reported.

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Iran defiant as strikes hit Gulf transport, energy hubs

Iran defiant as strikes hit Gulf transport, energy hubs

Iran said it was ready to take the Middle East war "as far as necessary" as it launched strikes across the region Monday, while Donald Trump piled pressure on world powers to help reopen a shipping lane choked off by the Islamic republic.

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Frenchman jailed in Azerbaijan for 10 years for 'spying'

Frenchman jailed in Azerbaijan for 10 years for 'spying'

Azerbaijan on Monday sentenced a Frenchman to 10 years in prison in an espionage case launched during a period of diplomatic tensions between Paris and Baku that have now eased.

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EU wants to tap citizens' savings. Easier said than done

EU wants to tap citizens' savings. Easier said than done

The idea sounds simple: tap trillions of euros of EU citizens' savings to unlock capital for European companies through a more integrated financial market.

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