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…
Japan reports record $63B US trade surplus amid high-stakes tariff talks
Japan navigated another year of overall trade deficits, but a ballooning surplus with the United States has emerged as a…
Analysis: crude oil set for weekly rise in 3 weeks; will gains hold?
Oil prices rose on Thursday due to tighter supply expectations after Washington imposed additional sanctions on Iranian oil trade. Additionally,…
What is the real economic impact of mass deportations in the US?
Millions of jobs. Billions in output. A key driver of the US labour market for over two decades will be…
Analysts warn of a third year of revenue decline, stock downgraded as Wipro slides on weak Q1 forecast
Shares of Wipro Ltd dropped as much as 6.3% on Thursday after the IT services firm issued a disappointing revenue…
Vietnam to invest $136B in power capacity by 2030 with nuclear energy in focus
Vietnam, a country heavily dependent on coal for its energy needs, has ambitious plans to significantly increase its power generation…
Sainsbury’s shares rise as profit tops £1bn; analysts flag cautious guidance amid price war risks
Shares in J Sainsbury PLC surged on Thursday, closing up 4% at 257.8p, making it the top performer on the…
Czech Republic ends reliance on Russian oil after 60 years
The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government officials…
Eli Lilly stock surges 11% on obesity pill’s success in first late-stage trial
Eli Lilly’s experimental obesity pill, orforglipron, met its main goals in a closely watched late-stage trial, boosting the company’s standing…
ECB cuts rates by 25 bps as inflation eases, but warns trade tensions cloud growth outlook
The European Central Bank on Thursday reduced its key interest rate by 25 basis points, citing easing inflation and mounting…