Bank of England cuts rates to 4.25% amid sluggish growth and easing inflation
The Bank of England reduced its benchmark interest rate by 25 basis points to 4.25% on Thursday, amid subdued economic…
Analysis: OPEC+ production hike drags oil price forecasts in H2 2025
Oil prices may have no relief from further downside in the second half of 2025, with increased supply from the…
Trump rewrites the global AI chip game as US tech battles to stay on top
The United States keeps changing how it controls who gets access to the most powerful computer chips on Earth. Or…
EU eases gas storage targets amid price concerns
The European Parliament on Thursday approved a measure to relax the European Union’s regulations concerning the filling of gas storage…
India and Pakistan trade accusations over deadly overnight drone and missile strikes
Tensions between India and Pakistan intensified this week after both countries accused each other of carrying out provocative drone and…
Ukraine approves strategic minerals deal with US despite internal concerns
Ukraine’s parliament has approved a significant minerals agreement with the United States, according to lawmakers. The ratification took place on…
Mexico inflation ticks up in April, but rate cut hopes stay alive
Mexico’s annual inflation rate rose marginally in April, in line with market forecasts and supporting the idea that the central…
US-UK trade deal explained: 10% duty on 100,000 cars annually, levies on steel imports scrapped
US President Donald Trump and UK Prime Minister Keir Starmer jointly announced on Thursday a “historic” trade deal between the two…
U.S. lawmakers are light on crypto heading into new Trump era
By Douglas Gillison, Tom Bergin, Chris Prentice and Isla Binnie WASHINGTON – President Donald Trump’s administration is expected to usher…
Dollar strength likely to continue near term – UBS
Investing.com – The US dollar has been on a tear since its late-September 2024 lows, and UBS thinks this near-term…