Mideast war drives up bond yields, budget risk
The Middle East war is driving up the cost of public debt in rich countries which could jam state budgets and push governments to unfold austerity policies, economists warn.
Read more
Ubisoft reports record annual loss after game delays, cancellations
French games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial year, in the midst of a far-reaching restructuring.
Read more
Board of Peace report accuses Hamas of blocking Gaza progress
Hamas is "the principal obstacle" to moving to the second phase of the Gaza ceasefire, the Board of Peace initiative created by US President Donald Trump said in its first report to the UN Security Council.
Read more
Boss of Germany's Commerzbank cheered as she slams UniCredit advances
German lender Commerzbank's boss was applauded at a shareholder meeting Wednesday as she slammed Italian bank UniCredit's hostile takeover bid, while staff outside the venue protested against any potential merger.
Read more
Colosseum selfies, 'Melody' toffee and trade: Modi visits Rome
Indian Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni met Wednesday in talks to strengthen ties and boost trade, a day after a night-time tour of the Colosseum.
Read more
French presidential candidate Philippe targeted in embezzlement probe
French investigators are probing allegations of embezzlement involving high-profile presidential candidate Edouard Philippe over the allocation of a digital hub contract in the northern port city of Le Havre where he is mayor, prosecutors have said.
Read moreSamsung union says South Korea strike on hold 'until further notice'
Samsung Electronics workers' union said late Wednesday that a planned strike had been put on hold until further notice after negotiations with management resumed with the participation of Seoul's labour minister.
Read more
UK eases sanctions on Russian jet fuel and diesel imports
British leader Keir Starmer defended Wednesday a contentious move to ease sanctions on imports of Russian jet fuel and diesel as the Middle East war causes prices to spiral.
Read more
Iran says US wants to 'start new war' after Trump threat
Iran's chief negotiator said Wednesday the United States wanted to restart the Middle East war after President Donald Trump said he would attack again unless Tehran agreed a peace deal.
Read more
Magyar, Tusk tout Hungary's return to Europe in post-Orban era
Hungary could learn from Poland on fighting corruption and restoring ties with Europe, new Hungarian prime minister Peter Magyar said Wednesday, bidding to turn the page on the acrimony of the Orban years.
Read moreIn The News