Ethiopia enters confidential talks with global creditors to restructure a $1 billion bond amid default, while Ambipar faces debt challenges in Brazil, reflecting wider emerging market distress.
Francesco Acquaroli takes lead in Marche's local election, signaling potential shifts in Italian politics. This comes as Italy plans new EU deficit cap strategies.
Eric Adams quits the NYC mayoral race amid Trump's federal funding threats and political maneuvering. Zohran Mamdani's candidacy gains traction, reshaping election dynamics.
Beta Technologies, a Vermont-based electric aircraft firm, plans a U.S. IPO. Despite rising losses, revenue is growing, signaling an ambitious push into sustainable aviation.
Israel's central bank maintains a 4.5% interest rate amidst the Gaza conflict, reflecting economic caution. Meanwhile, leaders propose a peace plan aiming to resolve tensions.
Israeli currency surged following Trump's introduction of a 20-point Gaza peace plan with Netanyahu, aiming to end the conflict and boost economic stability.
The Swiss National Bank intervenes in currency markets, selling billions of francs to stabilize its value amid U.S. tariff-induced pressure, aiming to maintain economic stability.
UBS raises concerns over Swiss banking reforms, warning they could impose $26 billion in capital requirements and threaten its status as a key wealth manager.
Nigeria's NNPC secures a two-year crude supply deal with Dangote refinery amid labor disputes, with potential strikes threatening the nation's energy security and economic recovery.
Labour leaders Starmer and Reeves unite to counteract Farage's rising influence, tackling internal challenges, economic strategies, and leadership critiques at a key party conference.
Indian firms boost fundraising: Air India raises $215M for refinancing, Tata Capital plans $1.7B IPO, and Canara HSBC Life Insurance targets $300M via IPO.
Tata Capital plans a $1.7 billion IPO, targeting India's largest public offering in 2025 amidst challenging market conditions. Canara HSBC Life eyes $300 million IPO.