G7 Finance Ministers Look to Contain Iran Economic Fallout
Top policymakers were expected to discuss rising energy prices and sanctions policy at a critical summit in Paris this week.
Chelsea football club must find its feet after a very expensive Premier League season
photoyh/ShutterstockChelsea FC losing the 2026 FA Cup final 1-0 to Manchester City will have been disappointing for the club’s fans. But perhaps the result was not hugely surprising, as the London club hasn’t had a brilliant season on the pitch.
Off the pitch, you could argue it’s been even worse.
Citi strikes €15bn partnership with BlackRock for private European lending
Deal aims to give bank added firepower to finance private equity dealmaking in Europe and Middle East
Edmund Phelps, Who Upended the Way We View Inflation, Dies at 92
He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.
UK plans to relax key banking rules set up after 2008 financial crisis
Chief secretary to the Treasury says softening ringfencing regulations would free up £80bn for extra lending
Commerzbank rejects €39bn UniCredit takeover offer
Proposal draws pushback from German lender and Chancellor Friedrich Merz
Companies are hyping AI the same way they talked up sustainability, but there are ways to fix that
The struggling footwear company Allbirds, which announced in April 2026 that it was rebranding into an AI company, may be one of the most recent notable examples of 'AI washing.' Business WireAcross corporate earnings calls, investor presentations and marketing pitches, “artificial intelligence” has become the buzzword of choice. Yet a troubling pattern lies under the hype.
Energy security and industrial competitiveness: the case for a European Energy Union
The European energy market remains heavily reliant on imported fossil fuels and fragmented across Member States. This leaves the EU exposed to high and volatile energy prices, posing risks to its growth outlook and its international competitiveness. As the EU advances its energy security and climate neutrality objectives, the role of electricity and renewable energy is set to increase at the expense of fossil fuels.
FCA and Bank of England set out shared vision for tokenisation in UK wholesale markets
The Financial Conduct Authority and the Bank of England set out a shared vision and seek industry views on the future of UK wholesale markets
Greece braces for major inflation shock as Middle East standoff continues
With the war in Iran far from settled and the main choke point for global energy and trade still in place - as the Strait of Hormuz remains essentially shut - newly released data points to a severe inflation shock for the Greek economy.
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