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EUROPEAN BANKING SECTOR
ECB says AI, greener economy help euro zone weather energy shockDespite facing substantial energy challenges from escalating oil and gas prices, the euro zone economy has shown resilience in growth. Econ...- Global Market: Eurozone banking crisis fears return as government borrowing costs surgeRising euro zone borrowing costs have renewed fears of a sovereign debt crisis, particularly in France. European banks’ stronger capital bu...
- Britain seeks to break Apple's grip on contactless paymentsThe Competition and Markets Authority said its proposals would result in "substantially lower access fees" and easier access to Apple's con...
- Global Market Today: Asian shares fall as AI spending worries weigh on sentimentA fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asia's losses. Oil fell following US President D...
- India needs policy credibility and continuity to sustain FDI as strong growth alone is not enough, says KIEP expertIndia needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be...
- Charting the global economy: Inflationary pressures mount in USA broad upswing in consumer prices last month helps reinforce expectations for additional Federal Reserve interest-rate increases in the mo...
- IMF chief says AI risks may exceed opportunities without safeguards and ethical frameworkThe risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chi...
- European shares close out best week since June as earnings soften blow from tech selloffEuropean shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. ...
- WEF could appoint Lagarde as early as November, sources sayChristine Lagarde is likely to be appointed as the chair of the World Economic Forum next month. This change would require her to step down...
- India's trade deficit widens to $30.21 billion in September despite 23% jump in exportsIn September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boo...
- Global Market: European shares fall as global tech selloff, rate fears weigh on sentimentEuropean shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX...
- Canadian AI lab Cohere moves to buy AI cybersecurity startup AISLECohere has taken a significant step in the cybersecurity arena by signing a letter of intent to acquire AISLE, an AI-driven startup focused...
- Global Market: European shares rise as ASML rally lifts tech stocks; investors eye US CPIEuropean shares increased modestly as the pan-European STOXX 600 index recovered from previous losses. ASML's strong demand led technology ...
- Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
- RITES dispatches 18-coach rake to Bangladesh; first after Hasina's removalRITES Limited recently dispatched the first rake of passenger coaches to Bangladesh Railway for a contract. This shipment is part of a larg...
- Global Market: European shares rise as easing oil prices lift sentiment; earnings in focusEuropean shares rose as banking stocks gained on easing oil prices and hopes of an energy ceasefire between Russia and Ukraine. Investors t...
- Global Market: China stocks fall as global yields, geopolitical tensions weigh on sentimentChinese stocks declined as government support measures failed to restore investor confidence amid rising global bond yields, Middle East te...
- FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
- Global Market: European companies set for 21% Q3 earnings growth, led by energy firmsEuropean companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However,...
- Global Market: European stocks rebound as oil prices ease; telecom shares slide on SpaceX dealEuropean shares rebound as easing oil prices and retreating bond yields support sentiment amid hopes of reduced Middle East tensions. Telec...
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