Eastern Europe is expanding faster than any other part of the continent and completely changing how Europe works.Western Europe still holds most of the wealth but no longer drives the momentum. Southern Europe has rebuilt its finances and is using its newfound room to help strained households.The story used to…
Rachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week inside the Labour Party, with the chancellor reportedly reversing course under mounting pressure from both markets and party infighting.A senior source told the Guardian that the proposal, which would have…
Political gridlock, corporate shifts, and tech developments shape today’s major stories in the US and beyond.Washington may have reopened after the shutdown, but the partisan divide behind it is still disrupting everything from climate policy to ESG rules.In the tech and business world, Tesla edges closer to long-awaited CarPlay support,…
Verizon Communications is preparing to eliminate roughly 15,000 jobs, which will become the largest round of layoffs in its history, as part of a sweeping cost-cutting effort aimed at improving efficiency and addressing slowing growth in its wireless and home internet businesses, according to a WSJ report.The cuts, which represent…
Professional investors are taking profits as the US stock market extends its record-setting run, leaving retail traders to carry much of the momentum in the ongoing bull market. But even the resilience of retail investors is slowing down, said Bank of America (BofA)According to client-flow data from BofA, hedge funds…
US President Donald Trump signed a funding bill late on Wednesday to officially end the 43-day government shutdown, restoring operations across federal agencies.For investors, though, the reopening hasn’t brought the clarity they hoped for. According to White House officials, unemployment and inflation data for October will not be released at…
US saw a variety of announcements on Thursday. Ranging from electric vehicles and entertainment to cybersecurity and aerospace manufacturing. Tesla faced renewed pressure following a product recall, Disney continued its strategic pivot toward digital growth, Anthropic uncovered a landmark AI-driven cyberattack, and Boeing ended a months-long labor strike at its…
India’s ambitious foray into the green hydrogen economy is currently facing significant headwinds, with a recent assessment from a US-based energy think tank highlighting critical impediments to its progress. The core of the problem lies in the disappointingly slow pace of project commissioning.This sluggishness is primarily attributed to a dual challenge:…
Foreign investors are withdrawing billions from Asia’s top-performing AI-linked stock markets, marking the sharpest retreat in over seven months.A Bloomberg exclusive reports that Taiwan, South Korea, Japan, and China have all seen selloffs in recent weeks as rising valuations, shifting global monetary expectations, and structural concerns push capital elsewhere.Although the…
Eastern Europe is expanding faster than any other part of the continent and completely changing how Europe works.Western Europe still holds most of the wealth but no longer drives the momentum. Southern Europe has rebuilt its finances and is using its newfound room to help strained households.The story used to…