Who’s in line for the Fed’s top job? Leading contenders and what you need to know about them
The approach of 2026 is sharpening attention on one of the most consequential decisions in US economic policy: who will…
Weak labour market, not inflation, will drive multiple Fed rate cuts in 2026, says Commerzbank
The US Federal Reserve could be on course for several interest rate cuts in 2026, even if a pause is…
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…
US midday market brief: S&P 500 rebounds on cooler inflation as Micron sparks Nasdaq surge
The S&P 500 appears poised to snap a four-day losing streak on Thursday as unexpectedly cooler inflation data reignited hopes…
Trump signs executive order on marijuana reclassification; cannabis shares rally
President Donald Trump signed an executive order on Thursday directing federal agencies to reclassify marijuana from Schedule I to Schedule…
EU to give $105B loan to Ukraine for 2026 to 2027
European Union leaders have agreed to allocate €90 billion ($105 billion) in financial support to Ukraine for 2026 and 2027,…
Morning brief: EU backs Ukraine with $105B loan, TikTok strikes US JV deal
European policymakers, global markets, and Washington delivered a flurry of closely watched developments on Friday that underscored shifting geopolitical and…
Adani Group plans $11B investment in airports, eyes IPO by 2028
Billionaire Gautam Adani’s conglomerate plans to invest more than $11 billion in its airports business by the end of the…
How Bulgaria’s corruption crisis has paralysed its government
Just weeks before Bulgaria prepares to adopt the Euro, its government is falling apart. Streets are full, parliament is paralysed,…
MUFG to acquire 20% stake in Shriram Finance in India’s largest financial sector FDI
Japan’s Mitsubishi UFJ Financial Group (MUFG) will acquire a 20% stake in Shriram Finance Ltd for $4.4 billion, marking the…