Commodity wrap: silver soars to new highs; gold dips as markets await Fed rate decision
Gold prices edged down ahead of the interest rate decision by the US Federal Reserve later on Wednesday. Meanwhile, silver…
Argentina’s Milei targets sweeping economic overhaul as new congress opens special sessions
Argentina’s newly elected Congress opens special legislative sessions on Wednesday, a potentially decisive moment for President Javier Milei as he…
EU shift to 15-minute power trading fuels over a 15% profit boost for battery storage
Battery storage systems (BESS) are poised for significantly higher profits across Europe, with Rystad Energy analysis suggesting potential increases of…
Beyond rates: What FOMC meeting might reveal about balance sheet and reserve policy
The rate-cut scenario has become the prime focus of the Federal Reserve’s FOMC meeting on Wednesday. And, while the markets…
Mexico moves to impose sharp tariffs on Asian imports
Mexico’s lower house on Wednesday approved a sweeping tariff package that would sharply raise import and export duties on goods…
Argentina inflation edges up on higher beef prices
Argentina’s November inflation data reflect a familiar tension between rising food prices and the effects of an aggressive austerity program,…
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…
Microsoft makes its biggest Asia move: $17.5B to transform India into an AI powerhouse
Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5…
Commodity wrap: gold climbs on rate cut hopes, oil drops on supply concerns
Gold prices rose on Tuesday as investors waited cautiously ahead of the start of the two-day meeting of the US…
Brazil inflation set to hit lowest level in over a year as analysts see relief in November
Brazilian inflation is expected to have declined in November to its lowest in over a year, according to a Reuters poll,…