5 world market themes for the week aheadGlobal financial markets are grappling with soaring borrowing costs, while France navigates a volatile political landscape concerning its b...
US dollar climbs to 17-month high as bond rout, French fiscal worries weigh on euroThe US dollar is experiencing a significant surge, reaching a 17-month peak as global bond yields continue to rise. Investor anxiety over i...
Global Markets: Asian shares fall after wild swings in bonds, FX before US jobs dataAsian stock markets dipped as investors navigated through the turbulence of bond and currency fluctuations. Elevated oil prices, driven by ...
FOREX-Euro slides to 17-month low, hit by rates and inflation cocktailAs political instabilities linger, the euro has descended to its lowest point in over 17 months when measured against the dollar. This shif...
Global markets defy bond turmoil as stocks stay near record highsGlobal stocks remain near record highs despite rising government bond yields, geopolitical tensions, higher oil prices and concerns over AI...
US dollar retreats after softer-than-expected inflation dataThe dollar faced a downturn against key currencies following unexpected inflation results from the US. The US Commerce Department reported ...
Dollar set for September rise, mainly at euro's expenseThe dollar is close to a yearly high against the euro, driven by strong US economic growth. Concerns around energy supplies and debt in Eur...
It's the right time to invest in India: Swiss luxury watchmaker Baume & Mercier CEOSwiss luxury watchmakers, particularly Baume & Mercier, are planning significant investments in India due to the India-EFTA trade pact. Des...
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
In 1871, Switzerland put a toothed rail between normal train tracks so carriages could climb steep Mount Rigi; 155 years later, the same system still worksSince 1871, the distinctive rack-and-pinion grip system on Switzerland's Rigi railway has revolutionized mountain travel. Created by engine...
French mother and Black American father, kidnapped in infancy and raised as a live-in servant in a Swiss family; at 16, Daniel Pauly, ‘The Ocean’s Whistleblower’ escaped Germany and made a massive database covering 36,000+ fish speciesDaniel Pauly was born in Paris and faced numerous hardships, including being raised in Switzerland without parental love. After fleeing his...
Rupee declines to one-week low as oil rally fans global rate hike worriesThe Indian rupee has fallen to its lowest point in a week, fueled by escalating oil prices and inflation worries. Although dollar sales by ...
In 1879, a French postman Ferdinand Cheval stumbled over an unusually shaped stone; 33 years later, he had built a palace in his vegetable gardenFerdinand Cheval’s work was not immediately treated as a major artistic achievement. His creation existed outside conventional architectura...
In 1970, an unidentified woman was found dead in Norway's Isdalen valley. 56 long years later, her identity and the full story behind her death remain unresolved to dateThe Isdal Woman mystery began in November 1970, when a burned body was discovered in Norway’s remote Isdalen Valley near Bergen. Investigat...
LVMH signed a secret 2002 pact to buy Hermes heir's shares. Now he says his fortune is missingLuxury giant LVMH signed a secret 2002 agreement to buy Hermes shares from Nicolas Puech. The company also paid his wealth manager over twe...
Russia seizes Nestle, Auchan, Lemana Pro and FM Logistic assets in latest Western corporate takeoverRussian authorities have seized assets of Nestle and three French groups. A decree signed by President Vladimir Putin transferred these Rus...
Nestle CEO says Middle East conflict driving inflation, higher supplier costsNestle is increasing prices and reducing product offerings to manage rising costs. Higher energy and raw material expenses are impacting su...