Equinor and partners approve $1.29B expansion of Johan Sverdrup, western Europe's largest oilfield, boosting output.
1MDB liquidators sue Standard Chartered in Singapore, alleging it aided fraud causing $2.7B losses, as part of efforts to recover stolen 1MDB funds.
Germany's inflation fell to 2% in June, hitting ECB's target. ECB likely to cut rates again in Sept to 1.75% as eurozone inflation stays near goal.
Canada dropped its digital tax on U.S. tech firms hours before rollout to revive trade talks. Carney, Trump aim for a deal by July 21, per Canada's finance ministry.
Britain's economy expanded 0.7% in the first three months of 2025, the Office for National Statistics said on Monday, confirming a preliminary estimate.
Japan's factory output rose just 0.5% in May, missing forecasts of 3.5%, as U.S. tariffs threaten to derail its fragile recovery, METI data showed.
BIS warns trade tensions and geopolitics threaten global finance. Chief Carstens says U.S.-led trade wars are unraveling the long-standing economic order.
Elon Musk called the new U.S. Senate tax and spending bill "utterly insane," saying it would destroy millions of jobs and cause huge harm to America.
Britain's financial regulator is set to relax regulations, making it easier for firms to provide customers with support around pensions and investments—a move welcomed by the industry
BNP Paribas will acquire HSBC's custody and depositary business in Germany, transferring services to BNP's Securities Services division in the country.
Barclays CEO welcomed signs U.S. Republicans may drop the Section 899 tax, calling it a positive move for UK firms like Barclays investing in the U.S.
Meta criticized EU regulators for shifting rules, saying it's been unfairly targeted despite making major changes to comply with pay-or-consent model orders.
The U.S. dollar hits a 3-year low as markets fret that President Trump may replace Fed Chair Powell, fueling expectations of a more dovish monetary policy.
Hedge funds increased leverage to almost 300%, the highest since 2020, buying bank, trading, and insurance stocks ahead of U.S. Fed decisions and geopolitical risks
To counter U.S. tariffs, Nike plans to reduce dependency on China-based manufacturing for its U.S. market, boosting its stock by 11%
U.S. GDP fell 0.5% in Q1, revised down from 0.2%, as consumer spending slowed. Tariffs are seen as a key factor behind the weaker economic performance.
Germany's consumer sentiment dips to -20.3 for July as higher saving offsets better income outlook, says GfK/NIM survey. Down slightly from June's -20.0.
Shell denies BP takeover talks, says no bid was made and none is planned. UK rules now bar Shell from making a BP offer for six months.
U.S. Treasury extends emergency debt limit measures to July 24 to avoid breaching ceiling, citing need for continued cash management.
Meta hires 3 ex-OpenAI researchers for its AI team, days after Altman accused it of poaching staff. Open AI confirmed exits; Meta has not commented yet.
Japan leads Asia's $650B M&A surge in 2025 with $232B in deals, driven by low rates, reforms, and rising takeovers. Bankers expect momentum to continue.
Fed begins move to ease bank leverage rules, possibly exempting Treasuries, to reduce capital strain on major banks.
Oil prices rise after U.S. crude stockpiles fall 5.8M barrels, signaling robust summer demand.
U.S. sanctions three Mexican banks over alleged fentanyl-related transfers, tightening financial scrutiny