Gerry Cardinale, founder of RedBird Capital Partners, has sharply criticized the Warner Bros. Discovery board following its rejection of Paramount’s $108.4 billion bid. Cardinale accused the board of distorting the facts surrounding the financial structure of the offer, calling its statements “a......
Europe’s central bank is navigating two parallel challenges as it seeks to balance financial innovation and stability: tightening oversight of private digital currencies and advancing the development of a digital euro. European Central Bank President Christine Lagarde highlighted both issues during......
Gold prices steadied close to their record peak on Thursday, while silver and platinum continued to test fresh highs as investors awaited key US inflation data and central bank decisions that could shape global monetary policy through year-end. Spot gold hovered around 4,334 dollars an ounce, roughly......
The United States is preparing new sanctions against Russia’s energy sector in case President Vladimir Putin rejects the latest peace proposal aimed at ending the war in Ukraine. According to reports, the measures would target a network of vessels and intermediaries involved in transporting Russian......
Global investors are retreating from artificial intelligence stocks as anxiety mounts over extreme valuations, rising capital costs, and questions about whether massive infrastructure spending will yield sustainable profits. The market correction, which began earlier this month, has intensified across......
Iraq’s Transport Ministry announced that Aegean Airlines, based in Greece, has become the first European airline in 35 years to land at Baghdad International Airport. The ministry described the flight as a turning point that marks Iraq’s reintegration into the European aviation network and......
Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......
India’s central bank has stepped in to defend the rupee after the currency plunged to a new record low against the U.S. dollar, marking one of its weakest stretches in recent years. The Reserve Bank of India (RBI) conducted a $5 billion foreign exchange swap auction on Tuesday, deploying one of......
San Francisco-based investment firm Dragoneer has successfully raised $4.3 billion for its seventh venture capital fund, exceeding its target within just a few months. The milestone comes at a time when global venture fundraising remains sluggish, underscoring the firm’s appeal among investors......
Royal Air Maroc is preparing a major expansion of its international network in 2026 as part of its strategy to position Casablanca as a global aviation hub and reinforce Morocco’s role as a crossroads between continents. Starting next year, the national carrier will introduce a new wave of direct......
Crypto markets opened the week under pressure as traders positioned for a dense calendar of economic releases that could inject fresh volatility into digital assets in the coming days. In early trading, bitcoin extended recent weakness, briefly slipping below 88,000 dollars in a familiar late weekend......
Taiwan has reiterated its determination to keep the most advanced semiconductor production within its borders, rejecting mounting calls from the United States to relocate part of its top-tier manufacturing abroad. Officials in Taipei argue that maintaining chip production domestically is essential to......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
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