US Treasury Secretary Scott Bessent said on Tuesday that he remains confident that core inflation in the United States will continue to ease despite the ongoing war involving
Billionaire investor Ken Griffin has warned that a prolonged shutdown of the Strait of Hormuz could push the global economy into a recession, underscoring the risks tied to
Euro zone government bond yields rose on Monday. This came after the United States and Iran failed to reach a deal to end the conflict. The breakdown in
The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards
Europe’s airport industry has raised concerns over a looming jet fuel shortage that could materialise within the next three weeks, potentially disrupting summer travel. ACI Europe, which represents
Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at
The European Central Bank on Friday endorsed the European Commission’s proposal to strengthen integration across European Union capital markets through a system of joint supervision. However, the central
More European countries should adopt funded pension systems to strengthen capital markets across the European Union, Sweden’s financial markets minister said on Friday. The EU is working to
Ukraine is aiming to accumulate 14.6 billion cubic metres (bcm) of natural gas in underground storage facilities ahead of the 2026–2027 heating season, according to Energy Minister Denys
Upstream production in the Middle East will remain constrained for several weeks as shipping logistics continue to face challenges in the Strait of Hormuz. The recovery of the