U.S. President Donald Trump raised tensions with Canada this week by renaming Lake Ontario to "Lake…
Tag: editor-pick
Mortgage Switching Activity Jumps 71.6% Amid Rate Concerns
Mortgage switching and remortgaging activity surged in July. The Banking and Payments Federation of Ireland (BPFI)…
Advent and Stripe Abandon $50 Billion Bid for PayPal
A group made up of buyout firm Advent International and payment processor Stripe has stopped its…
Iran Sets Conditions for Reopening Strait of Hormuz Talks
Iran is preparing a list of conditions for reopening the Strait of Hormuz, according to Mohsen…
FTSE 100 Gains 51 Points as Miners Lead Market Recovery
The FTSE 100 rose by 51 points, or 0.47%, to 10,843.53 on Friday, recovering from a…
Japan Seeks New Hedges as Yen Weakness Persists
Japan's currency, the yen, has continued to weaken. It recently approached 160 per dollar after a…
Europe and UK Face Severe Gas Shortages Ahead of Winter
Europe is entering winter with gas storage levels at a two-decade low. This situation raises concerns…
Germany and Allies Push for EU Budget Cuts, Reject Borrowing
Germany and five other northern European countries showed a willingness to compromise on the EU budget…
EU Commissioners Call for Action on Baltic Security Threats
Five EU Commissioners from Eastern Flank states have urged President Ursula von der Leyen to create…
EU Nations Advocate Using Frozen Russian Assets for Ukraine
Four European Union countries are calling for a renewed effort to use frozen Russian assets to…