Economy
European Investment Bank doubles climate adaptation plan to €30 billion
The EIB plans to provide at least €30 billion by 2030 for infrastructure, water systems and agriculture resilient to heatwaves, droughts, fires and floods.
IMF raises global growth forecast to 3.1% on AI boost but warns of risks
The Fund slightly upgrades its 2026 outlook but says war, debt, high borrowing costs and a possible AI correction threaten increasingly concentrated growth.
Infosys says it expects no material impact from U.S. PERM program suspension
The Indian company responds to the suspension of labor certification applications. PERM is one step on the path to permanent residency in the United…
Infosys says it foresees no material impact from US PERM program suspension
Indian company issues statement on the suspension of labor certification applications. PERM is a step on the path to permanent residency in the US.
US inflation accelerates in August with rise in gasoline
Price index rose 0.4% in the month and 3.4% over 12 months. Energy pressures the budget once again and increases uncertainty ahead of the…
IEA forecasts global oil supply to fall by 5.7 million barrels a day
The September report deepens the 2026 supply contraction forecast, points to rapidly declining inventories and delays a full recovery in Gulf flows until 2027.
IEA forecasts drop of 5.7 million barrels per day in global oil supply
September report worsens the outlook for 2026, points to an accelerated drop in inventories, and postpones the full recovery of Gulf flows to 2027.
Chinese AI chipmaker Enflame nearly triples in Shanghai debut
Shares opened almost 190% above the IPO price after the Tencent-backed company raised approximately $912 million.
ECB raises rates to 2.5% as energy costs fuel inflation pressure
The European Central Bank increases its deposit rate by 0.25 percentage point after eurozone inflation reached 3.3% in August.
ECB raises interest rates to 2.5% amid energy pressure on inflation
European Central Bank raises deposit rate by 0.25 percentage points after eurozone inflation reaches 3.3% in August.