11:56 AM EDT, 05/26/2026 (MT Newswires) -- European stock closed mixed Tuesday with the Stoxx Europe 600 falling 0.6%, Germany's DAX 40 dropping 0.8%, the FTSE 100 rising 0.2%, France's CAC 40 declining 1%, and the Swiss Market Index gaining 0.2%.

Tehran denounced US strikes Monday in southern Iran as a sign of "bad faith and unreliability" as peace talks continue, the Associated Press reported Tuesday.

In corporate news, BP's board unanimously removed Albert Manifold as chair and director, effective immediately. "This follows serious concerns raised to the board related to important governance standards, oversight and conduct," the company said. Ian Tyler was named interim chair.

Shares of the oil and gas major fell 4.6% in London.

Ryanair Holdings repaid its final 1.2 billion-euro ($1.4 billion) bond, leaving the airline effectively debt free for the first time since its 1997 market listing. Chief Financial Officer Neil Sorahan said Ryanair may return to bond markets in the future as it targets 300 million annual passengers by fiscal 2034 and plans to take up to 50 Boeing MAX-10 aircraft deliveries each year from 2029.

Shares of the Irish airline dropped 2% in Dublin.

Fresenius Medical Care intends to launch a new share buyback program of about 1 billion euros in tranches over 12 months.

Shares of Fresenius Medical Care fell 0.8% in Frankfurt.

Ferrari launched a new all-electric Luce sports car. The four-door model includes four electric motors, a 122-kWh battery and an electric all-wheel drive. The starting price is 550,000 euros, according to multiple media reports.

Shares of the Italian sportscar manufacturer dropped 8% in Milan.

BHP Group scrapped plans for an iron ore processing facility near its Jimblebar mine in Western Australia, the Guardian reported. The proposed plant would have produced higher-grade iron ore sought by steelmakers seeking to reduce pollution, the report said.

Shares of the mining company gained 2% in London.