Why South Korea’s petrochemical industry faces major restructuring
On Wednesday, government officials announced that ten South Korean petrochemical companies have reached an agreement to restructure their operations. This…
Analysis: Why Putin refuses to meet Zelenskiy despite Trump’s push
The announcement from the White House on Monday was bold, hopeful, and seemingly unanimous: the next step toward peace would…
European gas prices fall amid high storage, geopolitical shifts; volatility to continue
European gas prices have once again faced downward pressure since the start of August, with the benchmark price showing a…
Lowe’s stock climbs on earnings, $8.8B acquisition of Foundation Building Materials
Lowe’s shares advanced on Wednesday after the home-improvement retailer raised its full-year outlook and posted earnings ahead of expectations, while…
Bolivia’s Quiroga pledges resource ownership reform, signals shift on US ties
Bolivia’s presidential candidate Jorge “Tuto” Quiroga has promised major economic reforms, including giving citizens direct ownership stakes in the country’s…
Guess to go private in $1.4B deal with Authentic Brands Group and founders
Guess said on Wednesday it will be taken private in a deal valued at $1.4 billion, including debt, after reaching…
Trump pours $100M into bonds since taking office, sparks conflict-of-interest concerns
President Donald Trump is back in the headlines, this time for a major investment spree while in office. Since returning…
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…
The $90B handshake: Inside Zelenskiy’s high-stakes summit with Trump
When Volodymyr Zelenskiy returned to the White House on Monday, the air was thick with the ghosts of meetings past.…
India scraps textile machinery import duty to combat US tariffs
To boost the competitiveness of its cotton sector, India has exempted import duties on cotton. This measure, effective from August…