ECB Document Finds No Grounds to Object to UniCredit’s €43 Billion Commerzbank Bid
An internal ECB document has concluded there are no prudential grounds to block UniCredit's €43 billion hostile bid for Germany's…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Strait of Hormuz ship traffic falls near three-month low as U.S.-Iran deal remains in doubt
Ship traffic through the Strait of Hormuz has fallen near a three-month low as doubt grows over a U.S.-Iran deal…
Iran’s Security Council endorses US deal but hardliners push back
Iran's Supreme National Security Council has endorsed a deal with the United States, exposing sharp divisions among hardliners who oppose…
Treasury modelling warns UK growth could slow to 0.3% in 2027 if Iran conflict drags on
Treasury modelling shown to Prime Minister Andy Burnham and Chancellor John Healey projects UK growth of just 0.3% in 2027…
Saudi Arabia builds defensive alliances to avoid deeper war with Iran
Saudi Arabia is building regional defensive alliances, including a maritime coalition in the Red Sea and a defence pact with…
