Doha: European stocks dropped on Wednesday, intensifying the selloff sparked by renewed trade tensions related to Greenland that overshadowed the impact of positive corporate results. The pan-European STOXX 600 index fell 0.1 percent. Financial services and banking stocks recorded the largest losses, with both sectors down 0.6 percent.

According to Qatar News Agency, Rio Tinto's results exceeded expectations for quarterly iron ore and copper production, pushing its stock up 3.1 percent, and Barry Callebaut's shares rose 5.9 percent. In London, the FTSE 100 index was flat.