News
Stay up-to-date with the latest developments in the world of finance and crypto. Our News section brings you timely updates, market trends, regulatory changes, major partnerships, and breaking stories that impact the global financial landscape. Whether you’re a seasoned investor or just getting started, this is your trusted source for staying informed.
Lead ParagraphThe Children’s Investment Fund (TCI), led by Sir Chris Hohn, has delivered a remarkable 21% return so far in 2025—trouncing the S&P 500 benchmark and reaffirming its position as a top-tier hedge fund. 🔢 Performance Highlights 🚀 Stock Picks Fueling Gains ⚖️ Contrasting Underperformers 📣 Activist Edge 📌 Context & Comparisons 🔮 Outlook &…
AARHUS: The EU is “ready for a deal” with the United States, European Commission president Ursula von der Leyen said Thursday before negotiators meet in Washington before a July 9 deadline. EU trade chief Maros Sefcovic is in Washington and due to meet his US counterparts later Thursday. The commission, leading trade policy for the…
US economy delivers stronger‑than‑expected June jobs growth, adding 147,000 positions, prompting markets to dial back rate‑cut expectations Lead ParagraphIn June 2025, the U.S. economy exceeded forecasts by creating 147,000 non‑farm payrolls—far above the expected 110,000—while the unemployment rate eased from 4.2 % to 4.1 %. The resilient labor market has triggered a reassessment among investors, pushing the…
BERLIN: The new German government faced its first major roadblock on Thursday after its constituent parties failed to defuse an internal row over whether to reduce electricity prices for individual consumers. Despite holding a meeting for more than five hours late into Wednesday evening, the conservative CDU/CSU alliance and the centre-left Social Democrats (SPD) failed…
Diddy denied bail after being cleared of most serious charges A judge has denied bail to Sean “Diddy” Combs after a jury convicted the hip-hop mogul of transportation to engage in prostitution, but acquitted him of the most serious charges: racketeering and sex-trafficking. Lawyers for the recording artist had argued he posed no flight risk,…
In a day of high political drama on Wednesday, Rachel Reeves appeared to shed a tear when Keir Starmer did not give the chancellor his full backing when asked about her future © House of Commons UK government bonds rallied on Thursday after Sir Keir Starmer said Rachel Reeves would be chancellor for a “very…
Efforts to win over holdout House Republicans extend into early hours as Trump’s tax and spending bill hits hurdles. Republicans in the United States House of Representatives have been locked in a dramatic impasse over President Donald Trump’s signature tax and spending package, as a rebel group of lawmakers failed to support the bill that…
LONDON: Four Palestine Action activists were due in court Thursday over a break-in at a UK air force base that has provoked Britain’s government to move to ban the protest group. Two aircraft in southern England were sprayed with red paint last week, causing an estimated £7 million ($9.55 million) in damages and prompting the…
LIMA: Peru’s highly unpopular President Dina Boluarte has doubled her salary with one year left in her term, the government announced Wednesday. The 63-year-old head of state, who faces protests against an explosion of gang violence in the country, will now receive the equivalent of $10,000 per month, according to an official decree. The statement…
LONDON: UK Prime Minister Keir Starmer on Wednesday said that finance minister Rachel Reeves would remain in her role for “a very long time to come” after she appeared visibly upset in parliament as rumours swirled around her future. Tears rolled down Reeves’ face after Starmer declined to guarantee that she would remain in place…
