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The US is pushing to include India’s Russian oil purchases in talks
The US is pushing to factor India’s Russian oil buying into trade discussions. While New Delhi typically steers clear of oil from countries under US sanctions, like Iran and Venezuela, it has, along w...
Germany's economy fails to impress despite investment promises, fiscal changes
Germany still can’t get it together. Despite massive investment promises and big fiscal changes that got European policymakers buzzing, nothing’s taken off. The country’s economy is still stalling, an...
Xiaomi to update driver-assist system after recalling 116K SU7 EVs
Xiaomi Corp., a Chinese multinational technology company, plans to release an over-the-air software update for its SU7 electric vehicles. This update aims to fix a flaw discovered in its advanced driv...
Polish stock exchange offers country’s first Bitcoin ETF
The first Bitcoin ETF in Poland is now trading on the Warsaw Stock Exchange, the largest venue of this kind in the eastern half of Europe. Besides exposure to the world’s leading coin, the product is ...
Dark French Anti System has been shut down by French authorities
Law enforcement in France has shut down one of the main platforms on the French-language dark web, the Dark French Anti System (DFAS). The operation against the darknet market, which facilitated drug ...
Crypto business operators face prison time in new bill proposed in Poland
Anyone providing crypto services without permission may spend time in prison, on top of a hefty fine, according to a draft provision put forward by lawmakers in Poland. The proposal comes ahead of a s...
France’s 10-year yield sees 3.51% spike after Fitch downgrades economy
France’s bond markets jolted Monday morning after Fitch cut the country’s credit rating late Friday, pushing the 10-year yield up 7 basis points to 3.5132% by 7:40 a.m. London time, according to data ...
Russia returns to 90s post-Soviet barter trade as Western sanctions bite
Trade sanctions from across the Atlantic have Russia’s foreign commerce considering barter trade for the first time in three decades. Companies are reportedly swapping wheat and cars with the Chinese ...
Europe’s IPO market stalls as companies turn to M&A amid volatility
Europe’s IPO engine has all but stalled. Klarna, the Swedish payments giant and one of Europe’s most valuable fintechs, isn’t even considering local stock exchanges. Instead, it’s going straight to Ne...
Iran threatens to withdraw from nuclear talks if Europe presses economic sanctions
Iran says if Europe pulls the trigger on UN sanctions, nuclear inspections are off. On Sunday, Tehran’s Supreme National Security Council warned that the entire agreement with the International Atomic...
China's yuan climb sets the stage for emerging-market currencies rally
China tightened the leash on its currency and let the yuan rise sharply against the dollar on September 9, signaling what looks like a new phase in Beijing’s foreign exchange playbook. The People’s Ba...
Trump pushes NATO to lead coordinated economic strikes on Russia, China
Donald Trump is demanding immediate action from NATO and America’s G-7 allies. In a public message posted on Truth Social, the U.S. President said he’s ready to hit Russia with heavy sanctions, but on...