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ECB’s Panetta States Case for Rate Hike Without Pre-Set Path
European Central Bank Governing Council member Fabio Panetta acknowledged the case for an interest-rate hike while urging colleagues not to flag subsequent tightening.
Home Office spending £1.2m a year to buy and maintain Channel rescue boats
The Home Office is splashing out a staggering £1.2million a year to buy and maintain Channel rescue boats.The fleet, which patrols the English Channel, has aided the crossing of more than 70,000 small-boat migrants since Labour came to power in 2024.The £1.259million contract covers the rental of the crewed rigid-hull inflatable boats (RIBs) for a year, with an option to extend the deal for an additional two years.Labour has also signed a three-year deal to repair other RIBs and boats, costing t...
Taiwan Lifts 2026 Growth Outlook to More Than 9% on AI Hunger
Taiwan revised up its economic growth forecast for this year as demand for tech goods in the AI era tops worries about the Iran war boosting energy costs.
AI Is More Than A Technology Story, Metals Are Also Winning
AsiaAI Is More Than A Technology Story, Metals Are Also WinningByTim Treadgold,Contributor.Forbes contributors publish independent expert analyses and insights. Tim Treadgold is an Australian journalist specializing in miningFollow AuthorMay 29, 2026, 04:07am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Going up. Metals used to build artificial intelligence date centers are on the risegettyThe rush to build artificial i...
Fuel Prices Push Kenya Inflation Sharply Higher on War Shock
Kenyan inflation accelerated to a more than two-year high in May, driven by a sharp Iran-war induced increase in local fuel prices.
Ocado shares rocket after striking Asda home deliveries deal
Asda has struck a deal with retail technology firm Ocado as part of plans to completely overhaul its online shopping business. The supermarket giant’s home deliveries will be taken over by Ocado from early 2027, allowing the firm to “quickly replace and upgrade” Asda’s existing e-commerce structure. It will take control of all of the supermarket’s delivery operations from stores and warehouses. Ocado’s shares rocketed 13.3 per cent to 236.5p on the news, making it the FTSE 250’s top riser....
Indian Firms Face Tougher Investor Scrutiny as Rupee Hits Record Lows
The rupee’s relentless slide is prompting tougher scrutiny of Indian companies as investors and analysts press executives on their foreign-exchange strategy.
China’s Wuxi Taclink Is Said to Mull Rare Listing in Singapore
Wuxi Taclink Optoelectronics Technology Co. is considering a listing in Singapore, a potential first for any company that already trades shares in mainland China, according to people familiar with the matter.
Indian Power Firms Snap Up Gas to Meet Night-Time Cooling Demand
India’s power generation companies have quadrupled their natural gas purchases from a domestic bourse over the past couple of months to meet surging power demand from searing summer heat.
European Stocks Notch Monthly Advance on US-Iran Deal Hopes
European shares posted a second straight monthly gain as optimism grew that the US and Iran will extend a ceasefire and resolve the three-month conflict.
Dollar Downtrend Primed to Kick Back In: 3-Minutes MLIV
Joumanna Bercetche, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
'Cousin Amir opened doors, now it's my time' - Abdul Khan
'Cousin Amir opened doors, now it's my time' - Abdul KhanImage source, Getty ImagesImage caption, Abdul Khan (left) has won three of his 14 bouts by stoppage, having fought on the undercard of cousin Amir's final professional contestByKal SajadBBC Sport boxing journalistPublished7 minutes agoAbdul Khan was in nappies when his cousin Amir won the nation's hearts and a silver medal at the 2004 Athens Olympics.By the time world champion Amir produced a career-defining performance against Marcos Mai...
Top banks urge Rachel Reeves to expand small business lending scheme
Top UK banks are lobbying Rachel Reeves to beef up the government’s small business lending scheme in a bid to unlock more capital to be lent to firms. A letter penned by UK Finance – the banking industry body that represents the likes of Barclays, Lloyds and Natwest – has called for the Chancellor to green light a fivefold increase in the maximum loan available under the Growth Guarantee Scheme (GGS). The scheme was first launched in 2024 and is administrated through the British Business B...
Asda strikes deal with Ocado to upgrade online shopping
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Private equity boom slows down as the deal bar rises for City firms
Private equity interest in professional services remains, but the era of easy deals is over as most attractive targets have already been acquired, and investors are now more selective, writes Maria Ward-Brennan. The bubble around private equity interest in the professional services industry has started to deflate, as most of the “low-hanging fruit” has already been snapped up. Over the past few years, the buzz around the surge in private equity deals in the professional services sector, es...
Euro-Zone Consumer Price Expectations May Rise More, ECB Warns
The Iran war may push medium-term inflation expectations among euro-area consumers higher, according to a European Central Bank blog post that appears to underpin the case for hiking interest rates.
Markets Cheer Truce Hopes as Oil Falls | Insight with Haslinda Amin 05/29/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
US-Iran conflict: Can India shrug off impact? RBI confident of domestic resilience — key takeaways
Amid the Middle East crisis and the US-Iran conflict, the Indian economy is in focus for the possible fallout from the war and rising global crude oil prices that is now hitting the external sector's resilience. However, striking a positive note, the Reserve Bank of India (RBI) in its annual report has expressed confidence in India’s ‘strong macroeconomic fundamentals’.
'Part of RSS agenda': Pinarayi Vijayan says 'no need to sing Vande Mataram in its entirety'
Kerala's opposition leader Pinarayi Vijayan criticized the Centre and BJP, calling the full rendition of 'Vande Mataram' an RSS agenda. This follows a controversy where the BJP accused the Kerala Assembly of insulting the national song by not performing its complete version during the Governor's address.
France’s Economy Unexpectedly Contracted in Early 2026
France’s economy unexpectedly shrank at the start of the year, raising concerns over its resilience to the fallout from the Iran war.