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Global Market: Bank of England weighs leverage rule changes to boost gilt demandBritain's government bond market could see a significant boost and borrowing costs slashed by over £1 billion annually if the Bank of Engla...
UK, Italy, Japan award £4.6 billion contract to advance GCAP fighter jetBritain, Italy, and Japan have awarded a £4.6 billion contract to Edgewing, a joint venture, for the development of the Global Combat Air P...
NATO Summit 2026: What are the key challenges facing the alliance?NATO leaders convene in Ankara facing critical challenges: maintaining US commitment amid Trump's skepticism, Europe increasing its securit...
Defence startups raid auto and fracking sectors for parts to speed weapons outputSoaring demand for rocket motors used to power missiles and other weapons has spurred new thinking about supply chains. Seeking big returns...
US Stock Market: Rising equity financing costs cast shadow over Wall Street's rallyUS stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...
Rocket Lab buys Iridium in $8 billion deal, to expand beyond launchesThe deal accelerates a long-time push beyond launch services by adding an established satellite network, globally coordinated spectrum and ...
US DOJ closes criminal probe into Abbott over baby formula plant: ReportThe US Justice Department has reportedly ended its criminal investigation into Abbott Laboratories concerning its baby formula plant, which...
Venezuela quake death toll nears 1,500 as rescue work goes onRescue teams are desperately searching for survivors in Venezuela following devastating earthquakes that have claimed nearly 1,500 lives. F...
JD Vance, Rubio strike different tone on Iran and IsraelUS-Iran war: Divergent remarks from Vice President JD Vance and Secretary of State Marco Rubio regarding Israel's military actions in Leban...
Italy's Domyn to launch open source frontier AI model within a yearThe 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...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
Lockheed Martin gets $35 billion Thaad deal as Trump looks to stockpile weaponsPresident Trump is convening with top defense executives to accelerate weapons production, addressing depleted U.S. stockpiles after extens...
Brazil plans up to $735 million panda bond issuance, says finance ministerBrazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil...
Global Market: China's 'future industries' investment boom sparks valuation bubble concernsChina is witnessing a massive surge in venture capital, pouring billions into futuristic sectors like space, quantum computing, and AI. Thi...
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
Can anyone fix Britain? Regular change of PM a symptom of UK's malaiseBritain faces a political crisis with a rapid turnover of leaders, the latest being Keir Starmer's resignation. Decades of economic stagnat...
Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
Indonesia plans to embed AI in key programmes, including $15 billion free-meal drive, document showsIndonesia's progress on AI has been slow when compared with Singapore and Malaysia. They are pushing to establish themselves as developme...
Steel industry sounds alarm over slow progress on green steelThe global push for green steel faces significant hurdles, with half of planned projects delayed and government support falling drastically...