India’s US crude oil imports surge amid strategic trade diversification
India’s imports of crude oil from the US rose sharply by nearly 34% on a month-on-month basis in April as…
How copycats of Wegovy, Zepbound created a billion-dollar market
Novo Nordisk on Wednesday reported first-quarter earnings that beat expectations, driven by continued demand for its blockbuster obesity drug Wegovy,…
Disney (DIS) stock soars as its theme parks, streaming divisions boost earnings
Shares of Walt Disney Co. surged early Wednesday after the entertainment giant delivered stronger-than-expected earnings and unveiled plans to build…
Mexico signals room for rate cuts as growth cools and inflation risks ease
Deputy Governor Jonathan Heath says Mexico’s central bank still has an opportunity to decrease its benchmark interest rate. In a…
US stocks in green ahead of Fed meet: Dow up 225 points, Nasdaq gains 0.3%
US stocks moved higher on Wednesday as investors tracked developments in trade negotiations and awaited the Federal Reserve’s interest rate…
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…
Gold on track to break $3,400 threshold amid Trump’s trade policies
Fueled by a weakening US Dollar and increasing Middle Eastern geopolitical tensions, gold prices continued their upward trend for the…
Europe targets end to Russian gas imports despite supply dependency
European Union officials said that plans will be published on Tuesday to prohibit any new Russian gas agreements by the…
Friedrich Merz fails to secure Bundestag majority: will there be a second vote for chancellor?
In an unprecedented turn of events, Germany’s conservative leader Friedrich Merz failed to secure the parliamentary majority required to become…
Analysis: Saudi Arabia’s oil output strategy and fiscal breakeven plan shake global markets
Saudi Arabia, the kingpin of the Organization of the Petroleum Exporting Countries and allies, seems prepared to test the oil…