financial-crisis

Image for US does not support Israel's Syria strikes, Sharaa vows to protect DruzeHeadlines

US Does Not Support Israel's Syria Strikes, Sharaa Vows to Protect Druze

Image for Trump's tariffs cloud G20 finance chiefs' meeting in South AfricaHeadlines

Trump's Tariffs Cloud G20 Finance Chiefs' Meeting in South Africa

Image for Air India cockpit recording suggests captain cut fuel to engines before crash, source saysHeadlines

Air India Cockpit Recording Suggests Captain Cut Fuel to Engines Before Crash, Source Says

Image for Russian bomb kills two, injures up to 27 in eastern Ukrainian town of DobropilliaHeadlines

Russian Bomb Kills Two, Injures up to 27 in Eastern Ukrainian Town of Dobropillia

Image for Analysis-France's plan to cull public holidays may not help the economy

Analysis-France's Plan to Cull Public Holidays May Not Help the Economy

Date: July 16, 2025

By Francesco Canepa FRANKFURT (Reuters) -The French government thinks the country has too many days off for its own good, but its proposal to cull some public holidays may not produce much of an...

Image for Russian court seizes stake in bakery over ownership prosecutors say is 'extremist'

Russian Court Seizes Stake in Bakery Over Ownership Prosecutors Say Is 'extremist'

Date: July 16, 2025

(Reuters) -A Russian court on Wednesday said it had seized 50% of shares in a wholesale bakery as part of interim measures in a lawsuit brought by state prosecutors that seeks to label the company's...

Image for Main challenger to Hungary's Orban begins campaign tour on a canoe

Main Challenger to Hungary's Orban Begins Campaign Tour on a Canoe

Date: July 16, 2025

By Krisztina Fenyo TOKAJ, Hungary (Reuters) -Hungary's main opposition leader Peter Magyar set off on a campaign tour in a canoe on Wednesday saying his Tisza party could go it alone without needing...

Image for Ukraine parliament backs $9.8 billion boost to defence spending as war drags on

Ukraine Parliament Backs $9.8 Billion Boost to Defence Spending as War Drags On

Date: July 16, 2025

By Olena Harmash KYIV (Reuters) -Ukraine's parliament gave its initial approval on Wednesday to an extra $9.8 billion in budget spending for the army and defence this year as the war against Russia...

Image for High interest rates in Russia could prompt distressed asset M&A surge, study shows

High Interest Rates in Russia Could Prompt Distressed Asset M&A Surge, Study Shows

Date: July 16, 2025

By Elena Fabrichnaya MOSCOW (Reuters) -Prolonged high interest rates in Russia may drive mergers and acquisitions of distressed assets, a study by leading law firms showed, though Western-led...

Image for German cooperative banks expect 2025 profit drop as economy struggles

German Cooperative Banks Expect 2025 Profit Drop as Economy Struggles

Date: July 16, 2025

FRANKFURT (Reuters) -Germany's coopearative banks said on Wednesday they expect a decline in profit in 2025 after a 25% drop in 2024, as tariff uncertainty and a weak economy take their toll. The drop...