Financial evaluations, sovereign debt restructuring updates, private equity green corridor venture maps, and industry indexes.
BusinessThe World Bank expects benchmark wheat prices to jump about 28 percent in 2026 as Black Sea disruptions and weaker harvests tighten global supplies.
Read full story
BusinessThe Federal Reserve has left its benchmark interest rate unchanged at 3.75% to 4% in a 10-2 vote, delaying any move until after the US midterm elections while it waits for more inflation data.
Read full story
BusinessNvidia will invest $3 billion in Meta’s equity offering as the two companies deepen their partnership around Meta’s Muse AI assistant, with Meta raising its fundraising to $97.5 billion.
Read full story
BusinessMoody's Ratings has kept France's sovereign credit rating at Aa3 with a negative outlook, sparing the eurozone's second-largest economy a downgrade that many experts had expected. The decision, announced late on Friday, leaves France's rating one notch above the grades assigned by its two main rivals — but the warning label stays firmly in place.
Read full story
BusinessA Russian diesel shipment is heading for the United States for the first time since Washington banned imports of Russian oil products in 2022, according to ship-tracking data reported by Reuters on Friday. The cargo is the first identified shipment under a diesel supply agreement announced by President Donald Trump earlier this month, but its
Read full story
BusinessGold prices slipped again on Friday, October 23, putting the precious metal on course for its steepest weekly fall in more than four months. Spot gold traded near $4,021 an ounce, close to its lowest level since July 20, while United States gold futures for December delivery eased to about $4,035 an ounce. The metal
Read full story
BusinessGulf markets fall oil $111: major Gulf stock markets fell in early trade on Thursday as fresh attacks on Saudi Arabia fuelled fears of a broader regional escalation, while oil prices climbed above $111 a barrel. Saudi Arabia’s benchmark index fell 1.2 percent and was poised for its eighth weekly decline, Reuters reported. Saudi National
Read full story
BusinessIndonesian President Prabowo Subianto has accused global index provider MSCI of trying to intimidate Indonesia, in his first public reaction to last week's warning that the country's stock market could be demoted from emerging-market status. Addressing his cabinet in Jakarta on Wednesday, October 21, 2026, Prabowo said the Indonesian nation would not be cowed, as
Read full story
BusinessHalf of India's coal-fired power plants are running critically low on fuel, as surging electricity demand, hotter-than-usual weather and falling hydropower output put the country's power system under strain, government data showed on Wednesday. The number of plants with critically low coal stocks — enough fuel to generate power for less than three days —
Read full story
BusinessA United States food importer has filed a Canada tariffs lawsuit seeking to block the Trump administration’s 50% duties on a wide range of Canadian imports, in the latest court challenge to the president’s tariff powers. Gellert Global Group, a New Jersey-based food importer, sued on Tuesday in the US Court of International Trade in
Read full story
BusinessIndonesia stocks rebound on Tuesday as authorities in Jakarta rushed in emergency measures to calm the market after a record two-day selloff wiped about $82 billion off share values — the country's worst two-day rout in nearly four decades, triggered by a warning from index provider MSCI that it could strip Indonesia of its emerging-market
Read full story
BusinessThe "Davos in the Desert" postponed to 2027: Saudi Arabia has pushed its flagship Future Investment Initiative, the annual gathering of global finance and business leaders known as "Davos in the Desert," to next year. The announcement came just days before the conference was due to open in Riyadh, after a wave of Houthi missile
Read full story