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…
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…
Why analysts advise patience on Nike, despite stock plunging on China sales
Sportswear giant Nike reported a sharp drop in second-quarter profit on Friday, overshadowing better-than-expected revenue and earnings and sending its…
Interview: OXCCU eyes 2x fossil fuel cost with breakthrough tech, CEO Symes says
UK-based OXCCU is advancing a game-changing one-step power-to-liquids (PtL) process that could dramatically lower the cost of sustainable aviation fuel…