Orsted shares plunge 27% as US wind project sale collapses, $9.4B rights issue announced
Shares in Orsted sank more than 27% on Monday, nearing an all-time low, after the Danish renewable-energy group scrapped plans…
JPMorgan sees Fed cutting rates 5 times starting in September
JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as…
Saudi Arabia likely to cut September crude oil exports to China
Saudi Arabia, the world’s largest crude oil exporter, is poised to reduce its crude oil exports to China in September. …
Denmark’s Orsted seeks $9.4B amid US wind power opposition
Orsted, a Danish wind farm developer, saw its stock decline sharply on Monday after requesting 60 billion crowns ($9.4 billion)…
US-India trade tensions trigger boycott calls targeting American brands
According to a Reuters report, India’s largest consumer market is witnessing a surge in calls to shun US brands after…
Brazil inflation likely stayed high in July, but core pressures show signs of easing
According to a Reuters poll of economists, Brazil’s inflation likely stayed high in July, though underlying pressures appeared to be…
How tariffs and technology are reshaping Brazil’s economy from the inside out
Brazil’s economy doesn’t often make headlines. But the story gets more interesting day by day. Facing pressure from powerful forces…
Cannabis stocks soar on Trump reclassification speculation
Following a Wall Street Journal report, cannabis stocks surged Monday due to speculation that US President Donald Trump is considering…
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…
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…