Executives at several major Russian banks, designated as systemically important by the Bank of Russia, have been meeting behind closed doors to discuss the potential need for a government-funded bailout should the surge of bad loans on their books intensify over the next year.As per a Bloomberg report, the conversations,…
China’s economy is officially expanding. GDP rose 5.2% in the second quarter of 2025, slightly above expectations. Retail sales…
Against the backdrop of rising global geopolitical tensions and growing economic uncertainty, the European Central Bank (ECB) is intensifying…
UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%.…
BHP, a major mining company, has stated that establishing a “green iron” industry in Australia is cost-prohibitive, Reuters said…
UK inflation rate jumped more than expected in June, with the Consumer Price Index (CPI) rising to 3.6% from…
Shares in Renault plunged over 16% on Wednesday after the French carmaker slashed its 2025 financial guidance and named…
US President Donald Trump on Wednesday indicated that his plans to impose high tariffs on the pharmaceutical sector can…
All eyes are on the UK’s jobs market as Thursday’s upcoming figures are expected to determine the Bank of…