Venezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...

The Italian tech company Domyn plans to unveil an extensive, fully open-source AI model in less than a year, putting it on track to compete...

Alan, a French health tech company, has successfully attracted a whopping $460 million investment from the Netherlands-based Prosus, elevat...

Brazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil...

Elon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...

Germany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project suffered delays, a setb...

The U.S. Department of Energy is offering $17.5 billion in conditional loans to bolster the domestic nuclear supply chain, aiming to accele...

Europe faces an urgent need to bolster its defence capabilities as the US considers reducing its military presence on the continent. EU def...

The EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...

Lenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...

Federal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...

A European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...

Global leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm...

McKinsey projects AI could boost Hungary's productivity by €15 billion by 2030, helping close the gap with European neighbours. However, la...

Ukraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...