Yamuna River surpasses danger mark as flooding devastates northern India
Northern India experienced fatal flooding on Wednesday, claiming at least five lives, according to officials. With more thunderstorms anticipated, local…
Commodities wrap: gold tops $3,600/oz as crude slips ahead of OPEC meeting
Oil prices slumped on Tuesday even as gold reached new heights, triggered by expectations of rate cuts by the US…
EU pushes Mercosur trade pact toward approval with farm safeguards
On Wednesday, the European Commission presented the European Union’s long-awaited trade agreement with South America’s Mercosur bloc for approval, while…
China’s grand military parade: here are the highlights
China projected its growing military strength and geopolitical alignment with US rivals on Wednesday, as President Xi Jinping presided over…
Dollar Tree shares fall 8% on weak Q3 outlook despite Q2 beat
Dollar Tree reported stronger-than-expected second-quarter results and raised its full-year guidance, but shares of the discount retailer declined 8% after…
Europe bulletin: Reeves sets budget date, Rayner in tax trouble, EU pushes trade deal
The political and economic mood across Europe grew heavier on Wednesday as the UK government prepared for a high-stakes autumn…
US Treasury questions Brazilian banks on Magnitsky Act compliance
Brazilian banks have received a notification from the US Treasury Department inquiring about measures taken under the Magnitsky Law, as…
Indian banks warn of bond limits; state borrowing raises concerns
India’s banking sector is facing increasing strain from mounting exposure to state government bonds. Some of the country’s biggest lenders…
Global economic jitters drive Yen and Sterling down as Dollar recovers
Tuesday saw both the Japanese yen and sterling fall, reflecting increased investor concern regarding government finances. This enabled the dollar…
Euro-Zone inflation rises above ECB target ahead of policy meeting
Euro-area inflation edged higher in August, reinforcing expectations that the European Central Bank (ECB) will keep interest rates unchanged at…