European markets ended higher on Monday as optimism around US political developments outweighed weaker Eurozone data.On the other hand, a series of major headlines, from Donald Trump’s legal warning to the BBC, to Ukraine’s request for more Patriot systems, and Nicolas Sarkozy’s release from prison, shaped the day’s broader European…

US markets opened Monday with renewed optimism as investors reacted to progress toward ending the government shutdown and a series of major corporate and political developments. Semiconductor stocks led early gains, while key news from Apple, Pfizer, and Washington added to the day’s busy agenda.Nvidia rises on shutdown progress and…

The record-setting 41-day US government shutdown is poised to end after the Senate passed a temporary funding measure on Monday, a breakthrough driven by a group of centrist Democrats who broke with their party’s leadership to strike a deal.The 60-40 vote comes amid mounting public pressure, with the prolonged shutdown…

Western sanctions targeting Russian oil major Lukoil have forced the company to declare force majeure at the massive West Qurna-2 oilfield in Iraq.Lukoil have declared force majeure, citing operational hurdles created by the restrictions, according to a Reuters report.In a coordinated move demonstrating continued international pressure, both the US and…

More than a hundred people lined up at a farmer’s market near Tokyo for a chance to purchase about a kilogram of Japanese rice for 500 yen ($3.32). The unique part of the sale was that shoppers had to carefully pile as much grain as possible into a small wooden…

President Donald Trump has signaled that a breakthrough in the contentious trade dispute between the United States and India may be imminent, stating that the two nations are “pretty close” to reaching a deal that could lead to a reduction in US tariffs.The optimistic remarks are the latest sign of…

SoftBank Group Corp. reported a net profit of 2.5 trillion yen ($16.6 billion) for the July–September quarter, its third consecutive profitable period, driven by a surge in the value of its Vision Fund investments. Separately, the company also said it has sold its entire stake or 32.1 million shares in…

The latest UK labour market report presents a multifaceted signal of economic deceleration. A discernible increase in the unemployment rate, coupled with declining payroll employment and subdued wage growth, is leading market participants to recalibrate expectations for monetary policy. With the Bank of England’s next interest rate decision looming in…

China’s economy is seeing an interesting mix of growth while prices are shrinking. Policy-driven overinvestment has created so much supply that domestic demand cannot absorb. And the adjustment is deflation, which means prices are going down. Factories are busy. Shop floors are quiet. Profits are thin.The result is an economy…