OECD cuts US outlook sharply, projects India to lead global growth: key insights
According to a new research released Tuesday by the Organisation for Economic Cooperation and Development (OECD), the global economy is…
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…
EUR/USD forecast: carry trade emerges ahead of ECB rate cut
The EUR/USD exchange rate will be in the spotlight this week as the European Central Bank (ECB) delivers its interest…
China’s manufacturing PMI edges up despite ongoing trade tensions
China’s manufacturing PMI improved somewhat in May due to the resumption and frontloading of shipments to the US amid the…
How Trump’s tariffs & tech dominance are fueling Europe’s push for digital sovereignty and ‘Buy from EU’ movement
Europe’s relationship with the US is shattering. Under Donald Trump’s second term, trade friction has returned, and digital dominance by…
Trump’s tariff hikes cause steel stocks to fall across Asia
Shares of South Korean and Vietnamese steel producers, key Asian exporters to the US, fell on Monday following President Donald…
Oil prices rise 3% as OPEC keeps July output policy unchanged
Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July…
India’s Maruti Suzuki sees no immediate impact from China rare earth magnet ban
India’s leading car manufacturer, Maruti Suzuki, stated on Monday that the recent export restrictions imposed by China on rare earth…
Venezuela shifts tax burden to private sector amid crumbling oil revenues
Following tighter US sanctions and a significant drop in oil revenue, Venezuela’s government is increasing taxes and public service fees…
Bank of Canada set to hold rates at 2.75% as strong Q1 growth delays cuts
The Bank of Canada is expected to hold its benchmark interest rate steady at 2.75% on Wednesday, after growth in…