Are electric vehicles (EVs) losing their spark?
The electric vehicle revolution promised unstoppable growth and sky-high profits. Tesla once led with its futuristic tech and cult-like following.…
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…
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…
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…
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…
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…
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…