European stocks rose on Monday as investors assessed the results of Turkey's presidential election and looked for progress in talks on the U.S. debt ceiling.Traders shrugged off data showing that Eurozone industrial production fell more than expected in March. Industrial output declined 4.1 percent compared with the previous month, after a 1.5 percent rise in February, Eurostat said. Elsewhere, Ge...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.