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LON: IAG Surges 2.98% to 449.20 GBX as Peace Pact Between US and Iran Fuels Airline Rally
One weekend announcement changed everything for IAG. US President Donald Trump and mediator Pakistan confirmed on June 14, 2026, that Washington and Tehran had agreed on a peace deal to be formally signed on June 19 in Switzerland, a deal that includes the full reopening of the Strait of Hormuz. Oil prices responded immediately; US…
European Stocks Hit Record High as U.S.-Iran Peace Deal Reopens Hormuz, STOXX 600 Sets New Peak
European stocks reached a historic milestone on June 15, 2026, as the STOXX 600 climbed to a new record high. The rally came after reports of a U.S.-Iran peace agreement that led to the reopening of the Strait of Hormuz, one of the world’s most important energy shipping routes. Investors welcomed the easing geopolitical tensions…
European Stocks Rally as Oil Falls Near $93 on US-Iran Diplomatic Hopes; STOXX 600 Holds Gains
When oil falls, European stocks gain, and that trade is playing out precisely on June 12, 2026. The pan-European STOXX 600 navigated a choppy session this week as oil prices hovered near $93 per barrel following one of the biggest exchanges of hostilities between the US and Iran since the two countries agreed to a…
Fischer Warns Germany’s Military Buildup Stokes European Fears, June 11
Fischer warns Germany’s military buildup triggers historical fears as US withdraws from Europe, criticizing Merz’s rearmament announcement.
Deutsche Bahn Seeks €13B More Funding to Hit Punctuality Goals, June 11
Deutsche Bahn CEO Evelyn Palla demands €13B more funding by 2030 to achieve 70% punctuality. Germany’s €100B rail investment plan faces funding gap.
SpaceX IPO Prices at $135 Per Share, Sets June 12 Nasdaq Debut
SpaceX IPO priced at $135 per share on June 11, raising $75 billion at $1.75 trillion valuation. Nasdaq debut scheduled for June 12 under ticker SPCX.
Edelweiss Air Expands Namibia Flights From July 2026
Edelweiss Air boosts Namibia flights from July 2026. New route expansion reflects rising demand for African travel and improved regional connectivity.
Eurowings Faces Middle East Flight Cuts as Germany Backs Aviation Strategy, June 10
Germany launches 15-year aviation strategy with €2B SAF support. Eurowings adjusts routes amid regional challenges.
Lufthansa Adds ITA Airways to Europe-Japan Joint Venture, June 10
Lufthansa adds ITA Airways to Europe-Japan joint venture with ANA, effective autumn 2026. Agreement signed June 8 at IATA meeting in Rio.