Economy
Prices across Europe moved higher in April as Germany and Spain reported fresh increases in inflation ahead of a key monetary policy meeting by the European Central Bank. The latest figures point to persistent price pressures linked to energy markets and geopolitical tensions, particularly the war in......
China has proposed a new regulatory framework that would impose stricter administrative penalties on illegal activity across its rare earth sector, including extraction, refining, and related operations. The draft rules target production beyond approved quotas, mining or processing without a licence,......
Greece has announced an agreement with Qatar to strengthen cooperation in key strategic sectors, including trade, energy, and defence, further expanding bilateral relations established in 2024. The announcement followed a meeting in Athens between Greek Prime Minister Kyriakos Mitsotakis and Qatar’s......
Italy’s state-owned lender Cassa Depositi e Prestiti (CDP) is not planning to sell its stake in payments company Nexi, according to sources familiar with the matter. CDP currently holds around 19% of Nexi through its investment arm CDP Equity. Despite recent market speculation, the institution......
Morocco’s national boxing team secured two medals at the boxing world cup held in Brazil after an eleven day competition that brought together athletes from more than sixty countries. The delegation finished the tournament with one silver medal and one bronze medal, marking one of its strongest......
Oil prices extended their upward momentum on Wednesday as geopolitical tensions intensified around Iran and global supply risks deepened. Traders reacted to renewed threats from United States President Donald Trump and escalating uncertainty in the Middle East, pushing crude benchmarks to multi month......
UBS reported a sharp rise in profitability for the first quarter, with net profit attributable to shareholders reaching 3 billion dollars. The figure marks an 80 percent increase compared with the same period last year and exceeds market expectations of about 2.8 billion dollars. The performance was......
Finland’s Kone has agreed to acquire German rival TK Elevator in a transaction valued at 29.4 billion euros, or $34.4 billion, marking one of the largest corporate takeovers in Europe in recent years. The deal combines cash and shares and is set to reshape the global elevator industry by creating......
Indian consumer goods group AWL Agri Business is facing mounting cost pressures as global oil-linked expenses surge בעקבות geopolitical tensions in the Middle East. According to company executives, the cost of key inputs—such as fuel, chemicals and packaging materials—has increased......
The United Arab Emirates’ decision to leave OPEC has intensified scrutiny of the oil cartel’s cohesion, as analysts warn that tensions over production quotas could push other members to follow. The move highlights long-standing divisions within the group, particularly between countries investing......
China’s Politburo has pledged to strengthen national energy security as the economic fallout from the war involving Iran spreads across global markets. The commitment comes as countries from the Gulf region to Europe face rising inflation, slowing growth, and severe disruptions in energy supply......
Bitcoin fell below $77,000 after the Bank of Japan signaled a more hawkish policy direction despite keeping interest rates unchanged at 0.75 percent. The cryptocurrency dropped as low as $76,400 during early US trading, as investors reacted to growing expectations that Japanese rates could rise again......
British carrier Ascend Airways has entered liquidation as rising fuel costs linked to the war involving Iran intensify pressure across the global aviation industry. The collapse comes only three years after the airline launched operations and reflects growing financial strain on carriers facing surging......
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