Weekly wrap: Trump missing Nobel Peace Prize, UK PM’s India visit, AMD-OpenAI deal and more
From a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines. President…
Crypto crash wrap: Bitcoin, Ethereum lead $560B market bloodbath after tariff news
The cryptocurrency market took a wild hit, as President Donald Trump’s sudden announcement of a 100% tariff on Chinese tech…
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…
Indian households hold $3.8B in gold, reshaping investment landscape
Indian households own approximately $3.8 billion worth of gold, which is 88.8% of the country’s GDP, according to a Morgan…
White House criticises Nobel Committee for snubbing President Trump
The White House on Friday sharply criticised the Nobel Committee’s decision to award the 2025 Nobel Peace Prize to Venezuelan…
Rishi Sunak joins Microsoft and Anthropic: Former UK PM enters tech, AI arena
Months after returning to Goldman Sachs, former UK Prime Minister Rishi Sunak is digging deeper in the corporate world as…
Fed chair race narrows to five as Bessent weighs reform and independence
The race for the next Federal Reserve leader is taking shape, with Treasury Secretary Scott Bessent trimming the candidate list…
US consumer sentiment slides as shutdown standoff darkens outlook
The ongoing government shutdown in the United States is weighing heavily on consumer sentiment, as it saw a slight decline…
Levi Strauss falls 10% after cautious Q4 outlook affected by tariff worries
Levi Strauss & Co. (NYSE: LEVI) shares fell sharply on Friday despite the denim maker reporting stronger-than-expected third-quarter results and…
Commodity wrap: oil slumps 2% on Gaza ceasefire, gold moves back over $4,000/oz
Oil prices slumped 2% on Friday as the risk premium wore off after Israel and the Palestinian militant group Hamas…