Latest business news and market updates
The UK government has pledged to halve sewage spills by 2030, amid increasing environmental concerns and financial challenges faced by water companies like Thames Water. This commitment marks a significant step towards improving water quality and protecting public health.
Metrics Credit has publicly denied knowledge of any ASIC investigation, amid concerns over regulatory oversight in Australia’s financial sector during a turbulent housing market.
Wearable technology is rapidly transforming the wellness industry by providing advanced health tracking and real-time interventions. Despite rapid innovations, experts emphasize the continued importance of fundamental health practices.
Emerging-market borrowers are increasingly issuing euro-denominated bonds, marking the fastest growth in over ten years amid a global shift to diversify away from US dollar debt.
Al Futtaim Retail secures a significant 2.5 billion riyals ($666 million) investment in Saudi-based Cenomi Retail, signaling strategic growth in the rapidly evolving Saudi retail sector.
US stock markets slipped as President Trump’s renewed tariff threats against Europe and Mexico heighten investor uncertainty, putting pressure on already richly valued equities amid the earnings season.
Increasing investor appetite for income amid low interest rates is driving rapid expansion in the market for S&P 500 dividend futures and options in the US, bridging a long-standing gap with the European market.
The U.S. Department of Justice is probing potential collusion in the collateralized loan obligation (CLO) market during the transition away from LIBOR. This investigation highlights regulatory concerns over market manipulation as benchmark reforms reshape global finance.
Experts highlight AI's dual impact on the global economy: boosting productivity and neutral interest rates while increasing forecasting accuracy and economic model uncertainty. Central banks face new challenges adapting to these changes.