Global yields are surging: what is the bond market really telling us?
Global markets are more connected than most people believe. And right now, markets are re-pricing sovereign risk. The rise in…
US solar stocks sink as Trump tax bill threatens green energy lifelines
Shares of major US solar companies tumbled sharply on Thursday after the House of Representatives passed President Donald Trump’s tax…
Canada’s TD Bank to cut 2% of workforce amid strategic overhaul
Toronto-Dominion Bank (TD), Canada’s second-largest lender and a major player in the US banking sector, announced on Thursday it will…
Argentina’s Milei looks to hidden dollar holdings to fuel economic rebound
Argentine President Javier Milei is expected to sign a decree on Thursday that could free up billions of cash hoarded…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
UK inflation climbs to higher-than-expected 3.5% in April
The UK’s annual inflation rate rose to 3.5% in April, coming in above economists’ expectations and halting a recent trend…
BYD hits record high in Hong Kong as Citi lifts target and EV outlook brightens
Shares of Chinese electric vehicle giant BYD surged to a record high in Hong Kong on renewed investor optimism, widening…
It was never about peace: what’s really behind Trump’s retreat from the war in Ukraine
In the span of a few days, the relations between the US and Europe on the war in Ukraine have…
M&S cyber attack: share price falls as retailer says hack to cost £300 mn; should you buy the dip?
Marks & Spencer Group Plc has warned that a cyberattack which disrupted its systems for more than three weeks will…
Google’s smart glasses bet with Warby Parker could also benefit this other eyewear maker
Google’s renewed push into the smart glasses market through new partnerships with Warby Parker and luxury fashion group Kering will…