Can Saudi Arabia really undercut the world on AI with low-cost electricity?
Saudi Arabia’s ambitions in AI have come as a shock to the West. In less than a year, the kingdom…
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…
Wall Street close: S&P 500 ends at record high, Dow gains 289 points
Wall Street closed higher for a fifth consecutive session on Wednesday, with the Dow Jones Industrial Average gaining approximately 300…
Europe bulletin: FTSE slips, US-EU clash escalates, Secure Trust’s big move
European markets drifted into the Christmas break as thin trading left the FTSE slightly lower, even as the index capped…
Evening digest: Bitcoin drifts as S&P 500 hits record high, Japan seals $3B PE exit
Markets tiptoed into Christmas with records on thin ice. US equities notched fresh highs in a shortened session, Japan saw…
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…
Europe bulletin: UK fiscal test, France budget crunch, Samsung’s driverless bet
Markets and policymakers across Europe are juggling fiscal pressure, political risk, and long-term bets on growth. In London, Rachel Reeves…
Evening digest: US growth surges, RBI defends rupee, gold and silver near record highs
Big market moves are colliding with mixed economic signals as investors head into year-end. US growth is flashing strength, but…
Major shareholders fail to block Korea Zinc’s share sale for US smelter
A South Korean court has rejected a move by two of Korea Zinc’s major shareholders, MBK Partners and YoungPoong, to…
US growth is booming, so why do most Americans still feel the pinch?
The United States just posted its strongest burst of economic growth in two years. Output surged, consumers spent freely, and…