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Switzerland is reaffirming its commitment to ongoing trade negotiations with the United States, aiming to formalize a deal on tariffs initially agreed last year, Economy Minister Guy Parmelin said on Friday. Speaking from Zurich, Parmelin highlighted that Switzerland will continue discussions with the United States and consult with other......
The euro weakened for a fourth consecutive session on Thursday, sliding to its lowest level of 2026 as the U.S. and Israeli military campaign against Iran continued to disrupt global energy markets and weigh on Europe’s energy dependent economy. The European Central Bank’s reference rate for EUR/USD stood at 1.1547 on March 12,......
Investors in global financial markets are increasingly betting that the Federal Reserve may begin lowering interest rates later in 2026, with many traders pointing to September as a possible timeframe for the first reduction. Market expectations shifted following the release of new inflation data in the United States, which showed that price......
Elon Musk has warned parents to keep ChatGPT away from children and individuals with mental health vulnerabilities following a lawsuit that links the chatbot to a deadly school shooting in Canada. Musk posted the warning on X on Wednesday while responding to a user discussing the February 10 attack at Tumbler Ridge Secondary School in British......
Aluminum prices climbed to their highest level in nearly four years as the war in the Middle East disrupted shipments from the Persian Gulf, one of the world’s most important production hubs for the lightweight metal. Three month aluminum futures on the London Metal Exchange settled at $3,516.50 per metric ton on Wednesday, the highest......
Peter Sarlin, the Finnish entrepreneur who sold artificial intelligence startup Silo AI to AMD for $665 million in 2024, has unveiled a new venture called QuTwo. The company positions itself as what Sarlin describes as “an AI lab for the quantum era,” aiming to bridge enterprise artificial intelligence systems with emerging quantum......
The Netherlands has taken a cautious diplomatic position regarding recent military strikes carried out by the United States and Israel against Iran, saying it understands the motivations behind the attacks but does not formally support them. Dutch Prime Minister Rob Jetten explained that the government acknowledges the security concerns raised......
Michael Hartnett, chief investment strategist at Bank of America, says current market conditions show striking similarities to the period preceding the 2008 global financial crisis, as surging oil prices and emerging stress in private credit markets raise concerns among investors. In the bank’s latest Flow Show report, Hartnett’s......
Hungary has called on the European Union to reconsider its restrictions on Russia’s oil exports, arguing that maintaining sanctions could place additional pressure on fuel prices across Europe. Hungarian Foreign Minister Peter Szijjártó said the bloc should reassess its approach following a recent decision by the United......
China has renewed its opposition to potential new arms sales by the United States to Taiwan, warning that such actions could undermine regional stability and harm relations between the two global powers. Speaking in Beijing on Friday, Chinese Foreign Ministry spokesperson Guo Jiakun reiterated that Washington should respect the long-standing......
The cryptocurrency market’s widely followed sentiment indicator has moved out of “extreme fear” for the first time in more than six weeks, ending one of the longest periods of investor panic recorded by the Crypto Fear and Greed Index. The indicator remained below the 25 point threshold that signals extreme fear for more......
The U.S. dollar strengthened this week, with the dollar index rising above 99.00 to its highest level since late November 2025 as investors moved toward safe haven assets amid escalating conflict in the Middle East. The index traded near 99.34 on Thursday after reaching an intraday high close to 99.76. The move marks a gain of roughly 2.5......
Global oil prices climbed back above $100 per barrel on Thursday as Iran’s new supreme leader pledged to maintain the closure of the Strait of Hormuz, intensifying the largest energy supply disruption in modern history. The conflict involving the United States, Israel and Iran has entered its third week, sending shockwaves through global......
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