European Union leaders have agreed to allocate €90 billion ($105 billion) in financial support to Ukraine for 2026 and 2027, providing a crucial funding backstop as Kyiv faces mounting fiscal pressure and uncertain backing from the United States. The package was approved after marathon talks at a summit in Brussels…
European policymakers, global markets, and Washington delivered a flurry of closely watched developments on Friday that underscored shifting geopolitical and financial dynamics. From a major European Union funding commitment to Ukraine, to a breakthrough deal aimed at keeping TikTok operating in the United States, alongside central bank signals in Asia,…
Billionaire Gautam Adani’s conglomerate plans to invest more than $11 billion in its airports business by the end of the decade, as it looks to expand its footprint across India’s aviation sector, bid for new privatized airports, and diversify into aircraft maintenance and related services. The investment push comes as…
Just weeks before Bulgaria prepares to adopt the Euro, its government is falling apart. Streets are full, parliament is paralysed, and the state is heading for yet another snap election.Bulgaria’s corruption crisis is not sudden. It is the logical outcome of years of unresolved power struggles, weak courts, and a…
Japan’s Mitsubishi UFJ Financial Group (MUFG) will acquire a 20% stake in Shriram Finance Ltd for $4.4 billion, marking the largest cross-border investment ever in India’s financial sector, the Indian non-bank lender said on Friday.The transaction comes amid a sharp acceleration in foreign investment into India’s banking and financial services…
European markets wrapped up Thursday with policymakers, regulators, and dealmakers all in focus.The ECB opted for stability as growth and inflation proved more resilient than expected, while corporate activity underlined confidence in long-term demand.Germany unveiled a major new fund to revive investment after years of stagnation, and Austria’s top court…
Markets wrapped up the day with dealmaking, data, and volatility all in focus.Trump Media jumped after unveiling a surprise pivot into nuclear fusion, while softer-than-expected US inflation boosted hopes that rate cuts are edging closer.In tech, OpenAI’s reported talks around a massive new fundraising round underscored the scale of investor…
Micron Technology (NASDAQ: MU) rallied some 15% today after reporting top- and bottom-line growth for its fiscal Q1 that Morgan Stanley dubbed the “best in the history of the US semis industry” outside of Nvidia.For the current quarter, the memory-chip maker forecast adjusted earnings of $8.42 per share on $18.7…
FuelCell Energy (NASDAQ: FCEL) soared over 30% on Dec. 18 after the Danbury-headquartered firm posted better-than-expected financials for its fourth quarter.In Q4, the company’s backlog also grew to $1.19 billion, indicating solid demand for its technology heading into 2026. However, the underlying fundamentals still narrate a more complicated story.FCEL shares’…
European Union leaders have agreed to allocate €90 billion ($105 billion) in financial support to Ukraine for 2026 and 2027, providing a crucial funding backstop as Kyiv faces mounting fiscal pressure and uncertain backing from the United States. The package was approved after marathon talks at a summit in Brussels…