Bank of England holds interest rates steady at 4.5% as trade tensions rise
The Bank of England (BoE) maintained its benchmark interest rate at 4.5% on Thursday, March 20, as policymakers weighed concerns…
LME copper prices surges past $10,000/ton mark; are more gains on the horizon?
The price of copper surged past the significant milestone of $10,000 per ton on Thursday. This price jump follows weeks…
Brazil’s 2025 budget: Government targets $2.66B primary surplus despite legislative hurdles
Brazil’s government is introducing a distinct approach to fiscal adjustment with a 2025 budget proposal that features a record-high primary surplus.…
Is Musk’s empire cracking? Tesla’s storm might be bigger than you think
Tesla has been one of the most traded stocks so far this year, perhaps for all the wrong reasons. 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…
UK wage growth stalls at 3% as employers brace for payroll tax rise
British employers have not made any changes in pay increases in response to rising costs and an impending hike in…
Santander branch closures: 95 UK branches to be shut in digital banking shift
Santander has announced plans to close nearly a fifth of its UK branches as part of a broader network overhaul,…
Turkey’s markets plunge on the arrest of Erdogan’s rival Ekrem Imamoglu, Lira hits record low
Turkey’s financial markets were thrown into turmoil on Wednesday following the arrest of Istanbul’s mayor, Ekrem Imamoglu, a leading opponent…
The big tech sell-off: are the ‘Magnificent 7’ stocks overvalued or oversold?
The sell-off in big tech stocks has deepened. The “Magnificent 7” stocks, which drove much of the US market rally…
Are US LNG exports to Japan a mutually beneficial trade?
The leader of Japan’s gas industry association stated on Wednesday that while increased imports of liquefied natural gas (LNG) from…