Stretched valuations for artificial intelligence companies and challenges to the Federal Reserve’s independence have fuelled the risks of a “sharp…
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BPCL to complete Andhra refinery feasibility report by December 2025
Bharat Petroleum will complete the feasibility report for its Andhra Pradesh greenfield refinery by December 2025 before beginning talks with…
Read MorePakistan Revises FY25 GDP Growth Expansion Higher to 3.04%
Pakistan hiked its economic growth for the fiscal year ended in June even as the recent floods are likely to…
Read MoreBanks like SBI well versed to handle acquisition financing: C S Setty
It is worth noting that the Reserve Bank had announced a decision to allow banks to engage in acquisition financing,…
Read MoreECB’s Escriva Says a Rate Cut Isn’t Necessarily the Next Move
European Central Bank Governing Council member José Luis Escrivá said policymakers don’t have a bias toward cutting interest rates at…
Read MoreYacht Feud Reignites After China Investor Alleges CEO Power Grab
The battle between Italian luxury yacht maker Ferretti SpA’s management and its top Chinese investor is once again in the…
Read MoreIceland Keeps Rates on Hold as Inflation Pressure Endures
Iceland’s central bank kept borrowing costs unchanged for a second meeting as persistent inflation prevents officials from undertaking further monetary…
Read MoreIndian refiners likely to import more Russian oil as discounts deepen
Discounts on Urals crude loading in November are $2-to-$2.50 a barrel to Dated Brent, making it attractive
Read MoreVerisure shares jump 12% in debut after raising €3.2bn in listing
Stockholm-listed security company has provided boost to European IPO market
Read MoreDanish Central Banker Sees Risks From Rising Apartment Prices
Denmark’s central bank sees rising apartment prices as one of the biggest risks to the economy, according to one if…
Read MoreS&P Eurozone 50 Environmental Select Equal Weight 50 Point Decrement Index
The S&P Eurozone 50 Environmental Select Equal Weight 50 Point Decrement Index seeks to measure the performance of the S&P…
Read MoreBira in talks to raise $132 mn in record fundraising; GEM among suitors
Bira is in talks to raise $50 million via the equity route from alternative investment group GEM, and another $82…
Read MoreTVS ILP invests Rs 250 crore in grade-A logistics park in Visakhapatnam
TVS Industrial & Logistics Parks is developing a Rs 250-crore grade-A industrial park on 17 acres in Visakhapatnam, leveraging the…
Read MoreBest time to invest in India: PM Modi renews Make in India pitch at IMC
Speaking at the 9th edition of the India Mobile Congress, PM Modi highlighted India's prowess in new technology, adding that…
Read MoreUK Borrowing Reduced by £2 Billion After Tax Error Uncovered
UK borrowing in the first five months of the fiscal year was £2 billion ($2.7 billion) lower than previously thought,…
Read MoreThailand Unexpectedly Holds Rate Under New Chief; Baht Gains
The Bank of Thailand unexpectedly kept its key interest rate unchanged at the first policy meeting under new Governor Vitai…
Read MoreGlencore secures $394mn from Australia to keep copper smelter operational
Support package comes as western companies seek to diversify critical mineral supply chains away from China
Read MoreOn FT pessimism
And a final word on AI and GDP
Read MorePM Modi to inaugurate Navi Mumbai airport, India’s first fully digital hub
Prime Minister Narendra Modi will inaugurate Navi Mumbai International Airport on October 8; India's first fully digital airport will start…
Read MoreHungary’s Inflation Stays Above Target as Orban Urges Rate Cuts
Hungary’s inflation remained outside of the central bank’s tolerance band for a 10th month, presenting a conundrum to policymakers under…
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