EUROPE

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Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.

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Severe rainfall has led to widespread flooding in Spain's Costa del Sol region, forcing thousands to evacuate their homes. The Spanish meteorological agency Aemet placed both the Málaga area and parts of Catalonia on red alert due to a weather phenomenon known as a "Dana," which brings prolonged heavy rain and low temperatures.

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French farmers launched a new wave of action on Monday to protest a proposed trade pact between the European Union and four South American countries, which they say threatens their livelihoods.

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Germany, after an agreement was reached among parties in the country’s parliament on Tuesday, is set to hold a snap election on February 23. Chancellor Olaf Scholz’s Social Democratic Party (SPD) said that the main parties had agreed on the date for a snap election. The official announcement was made by Rolf Mützenich, group leader of the SPD, in Berlin.

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Despite a ban on public protests in Amsterdam, Dutch capital, hundreds of pro-Palestinian demonstrators went on with the protests leading to a number of them being detained by police.