Finance
UniCredit Nears Commerzbank Control Amid German Opposition
Italy's UniCredit secured 47.6% of Commerzbank shares, advancing its takeover bid. The move faces widespread German opposition, including from the federal government.
The Newsroom 750 articles
Markets
WTI Crude Plunges 4.37% as U.S.-Iran De-escalation Eases Supply Fears
Crude oil prices saw a significant plunge on Tuesday, with WTI September delivery falling 4.37% to $79.00 per barrel. This decline is...
World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Citing Iran War Risks
The IMF has lowered its 2026 global growth forecast to 3%, the second cut this year, attributing the revision to 'uncertainty and...
Markets
Gold Prices Drop as Markets Brace for Fed Rate Decision
Gold prices experienced a sharp decline on Tuesday, with spot gold falling 1.2 percent, as traders positioned themselves ahead of the Federal...
Markets
Cafes, Hotels Question Business Rate Relief
Following a business rate cut for pubs and music venues, cafes and hotels are questioning why they were excluded from the new...
Investing
Chip Stocks Tumble: Kospi Halts, Nvidia Loses Top Spot
Chip firms in the US and Asia saw sharp declines, with South Korea's Kospi index pausing after an 8% slide. Nvidia fell...
Investing
US Dollar Ban Strands 60 Million Barrels of Iranian Crude
The US Treasury has revoked its waiver for Iranian oil sales, blocking transactions in US dollars after Gulf tanker strikes. This action...
Markets
Gold Climbs As Mideast Calm Dents Dollar, Yields
Gold prices rose as US-Iran truce hopes cooled oil, dollar, and Treasury yields, easing inflation fears ahead of key central bank meetings...
Markets
Insurance Stocks’ Compounding Edge: The Float Mechanism
Insurance companies leverage 'float'—premiums collected upfront and invested—to generate significant long-term returns. This unique financial model allows for diverse investment strategies, from...