UK OBR head quits after early release of Rachel Reeves’ budget
Richard Hughes has resigned as chair of the Office for Budget Responsibility after the UK’s fiscal watchdog mistakenly published Chancellor…
A beginner’s guide to the yen carry trade: why it’s so profitable, and so dangerous
Borrow cheap yen, invest in higher-yielding assets, pocket the spread: repeat with leverage. That simple idea, known as the yen…
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…
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…
Europe bulletin: markets slip, UK-EU defense rift, Wingtech escalates chip dispute
Europe’s news cycle is stacked with market jitters, political standoffs, and rising geopolitical pressure. The FTSE 100 is set to…
Wall Street close: Nasdaq extends rally to five days as markets eye Fed rate cut
The Nasdaq Composite climbed 0.65% on Friday to 23,365.69, stretching its rally to a fifth straight session even as the…
Evening digest: Intel soars on Apple hopes, China pressures the UK, India’s growth beats forecasts
A big tech bounce, rising geopolitical tensions, and fresh economic momentum shaped the day’s headlines. Intel led markets higher after…
How long will it take for India to become a $5 trillion economy?
India’s march toward becoming a $5 trillion economy has been a central theme in policy and investor discussions. Now, Vishrut…
Ukraine peace hopes send gasoil crack plummeting; sanctions easing on Russia eyed
Hopes for a potential peace plan in Ukraine have sent shockwaves through the energy market this week, causing the gasoil…
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…