US tariffs push India away from Russian oil, bolstering Iraq’s position in Asia
Iraq is seizing the opportunity presented by reduced Russian crude exports, utilising its strong infrastructure and desirable medium-sour crude to…
Under Armour shares tumble 21% as weak demand and $100 million tariff hit darken outlook
Under Armour shares fell as much as 21% to $5.25 in early trading on Friday after the sportswear maker warned…
Trump admin weighs IPO for Fannie Mae and Freddie Mac later this year: report
The Trump administration is preparing to launch initial public offerings for mortgage finance giants Fannie Mae and Freddie Mac later…
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…
USD/MXN forecast ahead of Banxico decision, Mexico inflation data
The USD/MXN exchange rate continued its strong downward trend this month as investors waited for the coming Banxico interest rate…
Market remain doubtful over impact of additional US tariffs as India navigates its oil purchases
The oil market remains doubtful about the impact of the additional 25% tariffs imposed by the US on India over…
Trump and Putin to meet next week; White House confirms president is open to talks
U.S. President Donald Trump and Russian President Vladimir Putin are set to meet for summit talks within the next few…
Is America really getting rich off tariff revenue?
The United States is collecting more tariff revenue than at any time in its modern history. In July alone, it…
Israel’s Leviathan gas field secures historic $35B export deal with Egypt
NewMed, a partner in Israel’s Leviathan natural gas field, announced Thursday that the field has secured the largest export agreement…
US tariffs spark price hikes and supply chain concerns
On Thursday, US President Donald Trump implemented increased tariff rates, ranging from 10% to 50%, affecting numerous trading partners. This…