Bank of America (BofA) said the recent volatility in Turkish markets has so far had only a limited inflationary impact, stressing that Türkiye’s economic management remains in control.
Euro zone business activity accelerated to its fastest pace in seven months in March, driven by a moderation in the long-running downturn in manufacturing, according to a survey. However, growth in the services sector slowed slightly.
Israel's parliamentary finance committee approved the 2025 state budget late on Sunday, paving the way for a final parliamentary vote before the March 31 deadline, crucial to preventing the government's collapse.
The U.S. auto industry is preparing for the impact of new trade policies, including 25 percent tariffs, set to take effect in April after a 30-day delay.
Bolivia is facing mass protests as a deepening fuel crisis fuels frustration against President Luis Arce’s government. Indigenous groups and transport workers have taken to the streets, accusing authorities of corruption and mismanagement, further straining the economy.
Malaysia has agreed to terms with exploration firm Ocean Infinity to restart the search for the missing Malaysia Airlines flight MH370 wreckage, its transport minister said on Wednesday.
Morgan Stanley is set to lay off approximately 2,000 employees later this month, representing roughly 2% to 3% of its global workforce—excluding financial advisers—in an effort to improve operational efficiency, according to a person familiar with the matter.
EU lawmakers raised concerns about the digital euro project after a major failure in the ECB’s payment system, Target 2, which caused delays in transactions. Critics question the ECB's ability to manage the project, with some demanding improved systems before moving forward.
US stock futures dropped amid growing concerns over the impact of the Trump administration’s tariffs. Major stocks like Nvidia, Meta, Amazon, and Tesla saw losses. China’s retaliatory tariffs and rising recession fears added to market uncertainty. Bitcoin also fell 4%.
Walgreens Boots Alliance is going private after Sycamore Partners sealed a $10 billion deal, ending nearly a century on public markets. Struggling with competition and changing consumer habits, Walgreens aims to reinvent itself away from the pressures of being publicly traded.
Shares in European carmakers and automotive suppliers fell sharply on Tuesday after the U.S. implemented a 25% tariff on imports from Mexico, a key production hub for the automotive sector supplying the American market.
Markets tumbled Monday, with losses accelerating in the afternoon after President Donald Trump confirmed that 25% tariffs on imports from Canada and Mexico will take effect. Earlier in the session, stocks were already under pressure following a weaker-than-expected February report on a key manufact
Egypt and the European Commission have signed a soft funding agreement worth 90 million euros (approximately $93.9 million) to enhance food security in the country, according to Egypt’s Ministry of International Cooperation.
Intel has announced a further delay in the completion of its long-awaited Ohio chip fabrication facilities, now targeting an opening for its first facility in 2030 and the second in 2031. The delays push back the original 2025 timeline set when the project was first unveiled in 2022.
Some 47 million Europeans were not able to adequately heat their homes last year, says Dan Jorgensen
Mr. Baghdad Amreyev, Founding President of the Turkic Investment Fund, outlines plans to expand the fund’s capital from $600 million to $1 billion this year, with a goal of reaching $3 billion in the next three years.
The United States imposed sanctions on more than 30 people and vessels for their role in selling and transporting Iranian petroleum-related products as part of Tehran's "shadow fleet," the Treasury Department said.
China’s private enterprises are rapidly adopting artificial intelligence (AI) and low-altitude aviation technologies to enhance efficiency, cut costs, and drive innovation. As AI transforms supply chain management and automation, businesses are also investing in aviation advancements.
Walmart’s upcoming quarterly report will provide key insights into how inflation and potential tariffs are affecting U.S. consumer spending, especially as prices for essentials rise.
Russia may be forced to scale back oil production in the coming months as U.S. sanctions limit tanker access and Ukrainian drone attacks damage key refineries, industry sources say.
Wall Street futures slipped and the dollar strengthened on Monday after President Donald Trump reaffirmed plans for 25% tariffs on steel and aluminium, fueling concerns over trade tensions and inflation.
Farmers turn to agritourism amid declining crop prices and growing consumer interest
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