UniCredit CEO to sell Commerzbank stake outside EU if shareholders demand
UniCredit Chief Executive Andrea Orcel signalled that the Italian lender might contemplate unloading its large holding in Germany’s Commerzbank to…
Trump says US will sanction Russian oil if NATO stops buying it
US President Donald Trump said on Saturday that he is prepared to move forward with “major” sanctions on Russian oil,…
Weekly wrap: markets rally, Charlie Kirk murder, iPhone 17 launch and PMs resign
The past week delivered a mix of market gains, corporate surprises, and political upheavals across the globe. US equities posted…
Russia delivers third rate cut as wartime economy slows, but inflation risks loom
Russia’s central bank lowered its benchmark interest rate by 1 percentage point to 17% on Friday, marking the third cut…
Denmark shifts $9.1B defence order to Europe, sidelines US suppliers
Denmark has announced its largest-ever military equipment order worth 58 billion kroner, marking a significant shift in procurement strategy. The…
Commodities wrap: oil jumps on geopolitical tensions, gold consolidates near highs
Most commodity prices were in the green on Friday with crude oil rising more than 1% due to geopolitical tensions…
Charlie Kirk’s murder suspect is in custody: Trump says ‘with a high degree of certainty’
Charlie Kirk’s murder suspect has been caught, an announcement that President Donald Trump made emphatically during a Fox News segment…
US plans to urge G7 countries to impose tariffs on China, India over Russian oil
The United States is pressing Group of Seven allies to adopt tariffs of up to 100 percent on China and…
Sushila Karki set to become Nepal’s interim PM amid political turmoil
In a historic move that has caught the eye of political watchers across South Asia, Nepal is all set to…
US consumer confidence drops again in September as inflation fears mount
Consumer confidence in the United States weakened in September, as households reported increasing concerns about business conditions, personal finances, and…