European Equities Mixed in Monday Trading; Eni to Fuel BMW Corporate Fleets With Renewable Diesel
European stock markets closed mixed in Monday trading with the Stoxx 600 down 0.1%, Germany's DAX fractionally higher, the UK's FTSE 100 shedding nearly 0.1%, and France's CAC rising 0.3%. Hostilities continued to re-escalate in the Middle East and Iran declared the Strait of Hormuz once again closed, driving up oil prices. The US and Iran traded heavy missile and drone attacks over the weekend, with the US military saying they hit Iranian military facilities, while Iran's Revolutionary Guards said they had struck US installations in Bahrain, Kuwait, Oman and Jordan. Brent Crude prices were climbing 4.8% to $79.67. In regulatory news, Alphabet's Google, Meta and Snap could face new restrictions in the EU as the European Commission prepares a proposal to limit children's access to social media platforms after the summer., Von der Leyen said children need time in the "real world" to develop friendships, make mistakes and shape their identities "before an algorithm shapes them instead." In corporate news, Eni said Monday it agreed to fuel BMW's corporate fleet vehicles in Italy with a.
European stock markets closed mixed in Monday trading with the Stoxx 600 down 0.1%, Germany's DAX fractionally higher, the UK's FTSE 100 shedding nearly 0.1%, and France's CAC rising 0.3%.
Hostilities continued to re-escalate in the Middle East and Iran declared the Strait of Hormuz once again closed, driving up oil prices.
The US and Iran traded heavy missile and drone attacks over the weekend, with the US military saying they hit Iranian military facilities, while Iran's Revolutionary Guards said they had struck US installations in Bahrain, Kuwait, Oman and Jordan.
Brent Crude prices were climbing 4.8% to $79.67.
In regulatory news, Alphabet's Google, Meta and Snap could face new restrictions in the EU as the European Commission prepares a proposal to limit children's access to social media platforms after the summer., Von der Leyen said children need time in the "real world" to develop friendships, make mistakes and shape their identities "before an algorithm shapes them instead." In corporate news, Eni said Monday it agreed to fuel BMW's corporate fleet vehicles in Italy with a.