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‘China’s model is flawed,' top MEP says
In an interview with Euronews, German liberal MEP Engin Eroglu, chair of the European Parliament’s delegation for relations with China, said the EU’s market of 450 million consumers gives the bloc leverage over Beijing and challenges China’s claim to global dominance.
Markets
Oil slips on US-Iran talks progress as pound falls on Starmer exit
Oil prices retreated on Monday after signs of progress in US-Iran negotiations eased fears of ongoing supply disruptions in the Strait of Hormuz, a critical global oil transit route. In the UK, market watchers turned their attention to the departure of the country's prime minister.
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Markets
European markets open mixed as AI stocks sell-off hits Asia
European stock markets had a mixed opening, as shares fell in Asia, with South Korea's benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday.
Europe News
Von der Leyen calls for completing single market in EU parliament addr
Commission chief Ursula von der Leyen called for completing the European single market by cutting red tape, boosting the digital transition, and maintaining social inclusion. But she also warned that success still requires constant political will.
Markets
Ten years of Brexit: How have UK equities and the pound performed?
A decade after the 2016 referendum, the FTSE 100 has trailed Wall Street and continental Europe, the pound is weaker against the dollar and the euro, and roughly $160 billion has been pulled from UK equity funds. The story, however, is no longer one-way.
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