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…
Poland says Russian drones breached airspace, were shot down
Poland shot down drones that entered its airspace during a large-scale Russian attack on western Ukraine on Wednesday, with Warsaw…
Gold’s bullish momentum to be challenged by US inflation figures, say analysts
Gold has continued its rally over the last few weeks, with prices hitting a series of record highs. However, the…
US holiday sales expected to rise a modest 2.9–3.4%, Deloitte says
Holiday sales in the United States are set to increase at the slowest pace since the pandemic, according to Deloitte’s…
Explained: why Poland invoked NATO’s Article 4 after Russian drone strikes
Poland invoked NATO’s Article 4 for urgent consultations after 19 Russian drones breached its airspace on the night of September…
Commodities wrap: Fed rate cuts, geopolitical tensions drive commodity prices
Gold and crude oil prices extended gains on Wednesday, with copper prices remaining largely unchanged from the previous close. Silver…
US stocks bullish at open: S&P 500, Nasdaq hit new highs on rate cut hopes
The S&P 500 opened at a new record on Wednesday after US wholesale prices unexpectedly declined, fueling expectations that the…
US producer prices dip 0.1% in August, boosting odds of Fed’s first rate cut in 2025
The Producer Price Index (PPI) for final demand slipped 0.1% in August, offering the Federal Reserve fresh leeway to consider…
Dow futures in red ahead of August PPI data: 5 things to know before Wall Street opens
Dow futures dipped slightly Wednesday morning as traders waited nervously for producer price inflation data that could influence the Federal…
US stocks bullish at open: S&P 500, Nasdaq hit new highs on rate cut hopes
The S&P 500 opened at a new record on Wednesday after US wholesale prices unexpectedly declined, fueling expectations that the…