European shares experienced an uptick on Thursday, driven by optimism surrounding potential U.S. interest rate cuts in response to weak economic data. Meanwhile, London markets saw gains as voting commenced in the
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Donald Trump’s campaign and his allies have launched a pre-emptive political strike on Vice President Kamala Harris, moving quickly to discredit her amid speculation among Democrats that she might replace President Joe
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The pound strengthened on Wednesday, benefiting from a weakening dollar and a report showing that British services sector growth cooled in June but not as sharply as forecasted. The U.S. dollar softened
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British fintech company Revolut reported a record pretax profit of £438 million ($553.81 million) in 2023, driven by significant user growth and a surge in interest-related income. This announcement, made on Tuesday,
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First-time applications for U.S. unemployment benefits rose last week, and the number of people on jobless rolls reached a 2-1/2-year high at the end of June, reflecting a gradual cooling in the
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On Friday, major U.S. banks revealed plans to increase their third-quarter dividends after demonstrating sufficient capital to endure severe economic and market challenges, as confirmed by the Federal Reserve’s annual stress test.
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Net foreign direct investment (FDI) inflows to Saudi Arabia rose 5.6% to 9.5 billion riyals ($2.53 billion) in the first quarter of 2024, according to government data released on Sunday. This marks
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Nigel Farage, leader of Britain’s right-wing Reform UK party, expressed optimism about his party’s performance after a challenging few days, addressing supporters at a rally just days before the country’s vote on
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Belarus has bolstered its air defence forces along the Ukrainian border to safeguard “critical infrastructure facilities” in response to heightened drone activity from Ukraine, a senior Belarusian military official stated on Saturday.
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European firms have committed to deals valued at more than 40 billion euros ($42.85 billion) with Egyptian partners, as announced by EU Commission President Ursula von der Leyen at an investment conference
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