In a decisive and urgent move, Italy has mobilized its intelligence services in response to a series of sabotage incidents in France. Alfredo Mantovano, a high-ranking government official, informed the Council of Ministers about the current situation, highlighting the s

As the 2024 election approaches, the financial world is abuzz with speculation about the potential impacts of a second Trump presidency on the US dollar and broader economic landscape. Investors are closely monitoring Trump’s policy proposals, which include signif

In a bold move to enforce fiscal discipline, the European Council has launched excessive deficit procedures against Belgium, France, Italy, Hungary, Malta, Poland, and Slovakia. Romania, under scrutiny since 2020, continues to face penalties for failing to address its d

July 26, 2024 – For the first time, a luxury brand has entered the Olympic sponsorship arena, and it's not just any brand – it's the empire of LVMH. This groundbreaking partnership showcases LVMH's iconic brands during the Paris 2024 Olympic Game

July 26, 2024 – Recent inflation data from June indicates a slight easing in price increases, potentially paving the way for the Federal Reserve to implement a widely anticipated interest rate cut in September. The personal consumption expenditures (PCE) price

Milano Stock Exchange Update: The Milano Stock Exchange showed resilience with a 0.3% increase, driven by strong performances in key sectors. Here is an overview of the best and worst performers of the day: Top Performers: Eni: Shares rose by 1.02%, boosting th

Global Market Trends: A Daily Overview from Wall Street Indices Today’s market movements have shown varied performances, reflecting a complex global economic landscape. U.S. Markets: The stock market displayed mixed results with the Dow Jones Industrial Aver

July 26, 2024 – Prime Minister Sheikh Hasina of Bangladesh imposed a nationwide curfew and deployed the army to quell protests against job quotas, resulting in nearly 150 fatalities. Despite these measures, public anger remains unabated. Initially sparked in unive

July 26, 2024 – In a bold move set to shake up the search engine market, OpenAI has introduced SearchGPT, a cutting-edge AI-driven search platform designed to rival Google. SearchGPT promises a transformative user experience by offering highly accurate, conversati

July 26, 2024 – The current rally in U.S. technology stocks could face significant headwinds as economic indicators point to a cooling economy. A prominent financial strategist warns that this slowdown may prompt investors to shift their focus away from high-perfo

July 26, 2024 – Thailand has unveiled a comprehensive package of tax incentives aimed at attracting significant investments in the hybrid and electric vehicle (EV) sectors. This initiative is part of the country's strategic efforts to position itself as a lead

July 26, 2024 – The Federal Reserve is expected to signal an impending interest rate cut at its upcoming meeting, setting the stage for a potential reduction in September. This anticipated move comes as inflation shows signs of moderating and economic activity slo

July 26, 2024 – Chinese electric vehicle (EV) manufacturers are accelerating their expansion into Europe to counteract the impact of new tariffs imposed by the European Union (EU). Recently, the EU raised tariffs on Chinese-made electric cars to as much as 38.1%,

In a bold strategic move, Apple has launched its Maps service on the web, aiming to challenge Google Maps' market dominance. This expansion represents a significant step for Apple as it extends the reach of its mapping service beyond its iOS ecosystem, making it acc

In a bold strategic move, Apple has launched its Maps service on the web, aiming to challenge Google Maps' market dominance. This expansion represents a significant step for Apple as it extends the reach of its mapping service beyond its iOS ecosystem, making it acc

Rome, July 26, 2024 – According to the latest data released by ISTAT, Italy's National Institute of Statistics, there has been a notable increase in consumer confidence, contrasted by a decline in business sentiment. In June, the consumer confidence index r

Washington, July 26, 2024 – In a major development for the upcoming presidential race, former President Barack Obama and former First Lady Michelle Obama have officially endorsed Vice President Kamala Harris as the Democratic Party's nominee for the 2024 elect

Genoa, July 26, 2024 – Giovanni Toti, the governor of Liguria, has announced his resignation amidst escalating legal troubles. Toti, who has been under house arrest since May on charges of corruption and vote trading, made the decision following intense pressure f

Milan, July 12, 2024 – As investors strive to maximize their returns, understanding the tax implications of various asset classes becomes crucial. From traditional government bonds to the dynamic world of cryptocurrencies, the tax landscape can significantly impac

Milan, July 26, 2024 – Italian energy titan Eni has significantly raised its earnings before interest and taxes (EBIT) forecast for 2024 to €15 billion, following a stronger-than-anticipated quarterly performance. This adjustment comes despite facing lower oi

Budapest, July 26, 2024 – Hungary is urgently working to resolve a heated dispute with Ukraine over the transit of Russian oil, provided by Lukoil, as the country faces the imminent threat of a fuel shortage. This critical situation emerged following Ukraine's

Paris, July 26, 2024 – Argentine President Javier Milei met with French President Emmanuel Macron in Paris as part of his European diplomatic tour. The visit, aimed at strengthening economic and political ties, has been overshadowed by recent allegations of racism

Paris, July 26, 2024 – A series of deliberate sabotage acts have severely disrupted train services across France, causing significant delays and cancellations. The attacks, which targeted essential signal cables, have hit particularly hard at Paris’s Gare de

In a pivotal diplomatic move, U.S. President Joe Biden and Vice President Kamala Harris held separate meetings with Israeli Prime Minister Benjamin Netanyahu to address the escalating conflict in Gaza and explore a potential ceasefire. These discussions come amid height

In a significant development in the fight against international drug trafficking, Ismael "El Mayo" Zambada, one of the top leaders of the Sinaloa Cartel, has been apprehended by U.S. authorities. El Mayo, known for his low-profile operations and strategic lead

The dollar perked against most currencies on Thursday after figures showed the US economy grew faster-than-expected in the second quarter. The pound eased to USD1.2874 on Thursday afternoon from USD1.2921 on Wednesday, while the euro slipped to USD1.0841 from USD1.08

The U.S. economy experienced a significant boost in the second quarter of 2024, with gross domestic product (GDP) growth exceeding expectations and inflation showing signs of slowing. This combination of accelerated economic activity and moderated inflation has generate

Tom Hayes, former trader at UBS and Citigroup, has been granted an appeal by the UK's Supreme Court regarding his conviction for manipulating Libor rates. Convicted in 2015 and sentenced to 14 years in prison, later reduced to 11, Hayes' case has been central to

Recent data reveals a significant decline in weekly jobless claims in the United States, surpassing analysts' expectations. The number of Americans filing for unemployment benefits has dropped to the lowest level in nearly two years, suggesting a reduction in season

The U.S. economy showed renewed strength in the second quarter of 2024, with a notable rise in gross domestic product (GDP) driven by increased consumer spending and robust business investment. This rebound marks a positive shift following previous quarters of economic

Global stock markets have demonstrated considerable volatility, driven by a mix of corporate earnings results and varying economic data. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite experienced significant fluctuations as investors processed the l

With President Joe Biden stepping out of the 2024 presidential race, the dynamics of the U.S. election have dramatically shifted. Vice President Kamala Harris has emerged as the Democratic frontrunner, already engaging in heated exchanges with former President Donald Tr

Huawei has reported a substantial increase in its smartphone shipments within China, growing by nearly a third compared to the same period last year. This surge has boosted Huawei’s market share to 38%, reinforcing its dominance in its home market. The company'

In a demonstration of growing military cooperation, Russia and China recently conducted a joint air patrol over strategic areas including the Chukchi Sea, the Bering Sea, and the northern Pacific Ocean near Alaska. The operation featured Russian Tu-95MS and Chinese Hong

Boeing has finalized a guilty plea agreement with the U.S. Department of Justice (DOJ) concerning the 737 MAX aircraft, agreeing to pay at least $243.6 million. This decision comes after Boeing was found to have breached a 2021 deferred prosecution agreement, which had

Universal Music Group (UMG) has experienced a dramatic 30% drop in its stock value following a quarterly report that revealed subscription growth significantly lagged behind market expectations. This sharp decline has raised questions about the sustainability of growth

Ether, the world's second-largest cryptocurrency, faced a steep decline, falling up to 7% on Thursday. This marks its most substantial daily drop in three months, highlighting the intense volatility in the cryptocurrency market. Despite the launch of the first U.S.

Coinbase’s UK branch has been slapped with a £4.5 million fine by the Financial Conduct Authority (FCA) for lapses in due diligence concerning high-risk customers. This significant penalty underscores the increasing regulatory scrutiny facing cryptocurrency

Ford Motor Company has delivered an outstanding financial performance for the second quarter of 2024, significantly outperforming market expectations. The company's earnings nearly doubled the forecasts provided by analysts, demonstrating robust performance across i

Russian businesses are grappling with escalating payment difficulties as international sanctions tighten their grip on the nation's economy. These sanctions, designed to curtail Russia's economic reach, have created substantial barriers for companies trying to c

Italy is gearing up for a significant surge in tourism this August, with over 18.2 million arrivals expected, marking a 3.2% increase from the previous year. The number of tourist stays is projected to reach 85.6 million, up by 0.8%. This growth is primarily driven by a

Prysmian Group has successfully secured a €450 million loan to upgrade its production facilities in Italy, Finland, and France. This strategic investment aims to enhance the manufacturing capabilities and technological infrastructure of these key plants, solidifyin

Italgas has reported a significant increase in profits for the first half of 2024, achieving robust double-digit growth. This impressive performance has been largely driven by the ongoing impact of the "superbonus" incentives, which have stimulated increased a

STMicroelectronics (STM) has reported a challenging third quarter in 2024, with a significant drop in earnings. CEO Jean-Marc Chery announced a downward revision of revenue forecasts for the coming months, attributing the disappointing performance to market challenges a

European stock markets struggled as tech sector sell-offs from Wall Street influenced trading. Investors are focused on upcoming quarterly earnings reports and key economic data, including Q2 US GDP figures and June's PCE inflation data, which are critical for gaugi

As Paris intensifies its preparations for the 2024 Olympics, the city's heightened security measures have significantly disrupted daily life for many residents. The extensive efforts to ensure the safety of the games have led to an increased police presence, widespr

In a significant and somber turn of events, the Israeli military has recovered the bodies of four hostages amid the ongoing conflict with Hamas. This tragic discovery highlights the severe humanitarian toll of the escalating violence in the region. The bodies were fo

In a surprising shift, former President Donald Trump has taken aim at Vice President Kamala Harris over the contentious issue of abortion. Known for largely sidestepping this topic, Trump recently broke his silence, criticizing Harris’s stance and labeling her vie

Recent extraordinary developments in U.S. politics have created a highly volatile environment, impacting market trends and reshaping the political landscape. While it is premature to declare a complete reversal of the strongest trends of the last year, several are undou

San Francisco, July 24, 2024 - Tesla CEO Elon Musk has launched a poll on the social media platform X, asking users whether the electric carmaker should invest $5 billion in his artificial intelligence startup xAI. So far, 70% of participants have voted in favor of the