A big number started spreading – $350 billion wiped out from Elon Musk’s name, thanks to a SpaceX rocket failure. Truth bends differently here. That sum never sat in any wallet ready to vanish. Instead, paper worth shif…
On 8 April 2026, following the declaration of a ceasefire by Pakistani Prime Minister Shahbaz Sharif, who was acting as a mediator in both the ceasefire negotiations and the US-Iran talks, (1) Israeli attacks on Lebanon…
The restructuring of global official reserve assets, the eastward shift in the focus of gold supply and demand, the loosening of the traditional gold landscape in Europe and America, and a new round of competition for A…
Virgin Group founder Sir Richard Branson has blamed flight price rises on "foolish leaders" starting wars, in a thinly veiled reference to the US-Israel conflict with Iran.
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…
The US dollar has been supported since the last FOMC decision but as the hawkish repricing reached a near-term peak, the momentum waned as traders shifted their focus to the key US data.
European markets saw jittery trading on July 9, driven by escalating tensions in the Middle East following a series of strikes and counterstrikes between the United States and Iran. While equity markets broadly rebounde…
Stocks wrapped up the session pretty much where they started on Wednesday, as investors digested a stronger-than-expected jobs report that muddied the outlook for Federal Reserve rate cuts.
CoreWeave, which rents GPU computing capacity to AI labs and hyperscalers, sits at the heart of a circular financing story that worries some investors. CoreWeave’s total debt sits at $35 billion as of June 30, up sharpl…
Households should stock up on food to prepare for extreme weather as the strongest El Niño event in a generation develops over the Pacific Ocean, a government minister has warned.
Markets are pricing several rate hikes from the major central banks despite scant evidence that the energy crisis is seeping into broader inflation. Yet James Smith argues investors are right to worry about higher oil a…
Argentina's president has heightened tensions with the UK over the Falkland Islands, warning he will impose economic sanctions on firms which exploit oil close to the British overseas territory.
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000.
Jobseekers are being warned to be vigilant as scammers are targeting people on job listings websites to trick them into downloading bogus interview tools.
Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software.
Gold price (XAU/USD) gains momentum to around $4,470 during the early Asian session on Friday. The precious metal extended its recovery as Federal Reserve (Fed) rate hike bets ease. All eyes will be on the US August Non…
Fed chairman Kevin Warsh used his speech in Wyoming to lay out a firmer, more hawkish case on inflation than markets had heard from him before. The shift now puts more distance between where US rates might be headed and…
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