Armani Group reports sales decline hit by luxury industry slowdown
Italian fashion house Armani Group recently reported a 5% decrease in sales for the past year, attributing the downturn to…
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…
Europe gambles on a high-stakes trade deal to avert Trump’s tariff hammer
The clock is ticking down on what could be a defining moment for transatlantic trade. In a high-stakes gambit, the…
Indian rupee’s performance contrasts Asian peers; eyes US trade deal for direction
The Reserve Bank of India (RBI) surprised markets in June with a larger-than-expected 50 basis point rate cut, bringing the…
Is the US about to pass the most industry-friendly crypto law yet?
Before the elections, the cryptocurrency industry was characterized by scrutiny, strict policies, and lawsuits. But things are changing rapidly. This…
Trump targets Musk’s subsidies amid escalating feud over ‘Big Beautiful Bill’
US President Donald Trump on Tuesday escalated his ongoing feud with Elon Musk by suggesting that the Department of Government…
Euro zone inflation hits 2% in June, prompting rate pause forecasts
Euro zone inflation returned to the European Central Bank’s target of 2% in June, marking a key milestone in the…
Europe fastest-warming continent, triggering earlier and longer heatwaves
Europe continued to be gripped by a severe heatwave on Tuesday, leading to widespread health alerts. In France, over a…
Copper price surge signals strain, but no acute shortage yet
The copper market is flashing warning signs of scarcity with spot prices on the London Metal Exchange trading well above…
HSBC raises 2025 and 2026 gold price forecasts amid fiscal risks
Citing elevated risks and government debt, HSBC increased its average gold price forecast for 2025 to $3,215 an ounce from…