Commodity wrap: silver hits record high, gold rises after divided Fed rate cut; oil prices fall
Gold prices were slightly higher on Thursday after the US Federal Reserve cut interest rates. Meanwhile, silver prices continued to…
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…
Scale and efficiency drive fresh round of consolidation in US shale M&A, says Rystad Energy
The US shale sector is anticipating a new round of M&A-driven consolidation among small- and medium-sized producers. This trend is…
From Amazon to Google: Big Tech pours billions into India as AI, cloud and digital expansion gather pace
The Indian subcontinent, long favoured by multinationals for its vast consumer market, is now drawing a fresh wave of investment…
China inflation trends show uneven recovery as factory prices deepen slide
China’s latest inflation readings point to a recovery that remains uneven, with rising consumer prices offset by a deeper slump…
How the Fed’s rate cut decisions could shape the market’s next move
The Federal Reserve’s final policy meeting of the year arrives at a moment when the stock market is once again…
Commodity wrap: silver soars to new highs; gold dips as markets await Fed rate decision
Gold prices edged down ahead of the interest rate decision by the US Federal Reserve later on Wednesday. Meanwhile, silver…
Argentina’s Milei targets sweeping economic overhaul as new congress opens special sessions
Argentina’s newly elected Congress opens special legislative sessions on Wednesday, a potentially decisive moment for President Javier Milei as he…
EU shift to 15-minute power trading fuels over a 15% profit boost for battery storage
Battery storage systems (BESS) are poised for significantly higher profits across Europe, with Rystad Energy analysis suggesting potential increases of…
Beyond rates: What FOMC meeting might reveal about balance sheet and reserve policy
The rate-cut scenario has become the prime focus of the Federal Reserve’s FOMC meeting on Wednesday. And, while the markets…