Sweden’s Riksbank cuts rates again amid economic slump
In the ever-turbulent waters of global finance, Sweden’s central bank has taken another plunge, trimming its key interest rate to 3.5%. This marks the second [more…]
Author: A.R.
Electric vehicle adoption slows, leaving Ampol’s expansion plans in limbo
Ampol’s big dreams of electrifying Australia’s highways seem to be running out of juice, with the fuel supplier lagging behind on its ambitious plan to [more…]
Regulators approve Bouygues Telecom’s acquisition of La Poste Telecom
In a development that could reshape the landscape of France’s telecom market, Bouygues Telecom is inching closer to completing its acquisition of La Poste Telecom. [more…]
Central and Eastern Europe leads solar revolution
In the unlikeliest of places, a solar revolution is taking root. Central and Eastern Europe, a region better known for its coal mines than its [more…]
Standard Chartered shuffles senior execs in global transaction banking
Standard Chartered is shaking things up in its transaction banking division, and it seems like there’s a bit of a musical chairs vibe going on. [more…]
Philippines’ bold rate cut spurs Asia’s central banks to reconsider
In a move that caught many by surprise, the Philippines’ central bank broke away from the pack, slashing its main policy rate last week. This [more…]
HKMA sets new guidelines for GenAI in banking
In a move aimed at steering the burgeoning use of generative artificial intelligence (GenAI) in Hong Kong’s financial sector, the city’s de facto central bank, [more…]
Vienna drenched by storm and shatters rainfall records
In a weekend that seemed ripped from a disaster film, the Alpine regions of Austria and parts of Vienna found themselves at the mercy of [more…]
Canadian retail giant ACT makes a $38.4bn bid for 7-Eleven in historic takeover attempt
In an unexpected move, the Canadian convenience store powerhouse Alimentation Couche-Tard (ACT) has thrown down a jaw-dropping £29.7 billion ($38.4 billion USD) bid for the [more…]
Taiwan’s Highway Bureau creates lifeline for crabs at Banana Bay
The annual migration of land crabs at Banana Bay is more than just a natural spectacle—it’s a test of survival in a world of concrete [more…]