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…
India needs $2.4 trillion for climate-resilient urban infrastructure by 2050
The World Bank on Tuesday announced that India must invest over $2.4 trillion by 2050 to develop urban infrastructure that…
The effects of AI on the economy are real — but not in the way most expect
For the past few years, we’ve been told that artificial intelligence would either save the world or destroy it. The…
BlackRock just banned company devices in China: here’s why it matters to you
BlackRock has told employees to leave their work devices at home when traveling to China. Under a new policy rolled…
US to exit UNESCO again, citing anti-Israel bias and “woke” agenda
The United States will withdraw from the United Nations Educational, Scientific and Cultural Organization (UNESCO) by the end of December…
US Treasury Secretary signals potential tariff delay ahead of China talks
US Treasury Secretary Scott Bessent said on Tuesday that he is set to meet his Chinese counterpart in Stockholm next…
Analysis: EU’s new sanctions rock diesel market, price hikes expected
The European Union’s latest round of sanctions against Russia, adopted last Friday, are set to create significant ripples in the…
Powell’s speech today didn’t give Wall Street what it was hoping for: here’s what happened
Kicking off this morning’s closely watched Federal Reserve Board conference, Chair Jerome Powell focused his opening remarks on the Fed’s…
Trump admin courts Amazon, defence giants for Golden Dome amid Musk rift: report
The Trump administration is broadening its search for partners to build the Golden Dome missile defence system, reaching out to…
No tax on home sales? Here’s why Trump may scrap capital gains tax on housing
US President Donald Trump says he’s seriously thinking about getting rid of capital gains taxes on the sale of primary…