In a significant financial move, Morgan Stanley is marketing a $5 billion debt package for Elon Musk’s artificial intelligence startup, xAI. This development comes at a time of heightened public…

The U.S. stock markets closed a volatile Wednesday session in the red as investors digested a fresh batch of inflation data, cautious news regarding a U.S.-China trade truce, and persistent…

A wave of uncertainty washed over Asian financial markets on Thursday, as traders struggled to digest a startling declaration from US President Donald Trump: a trade deal with China was…

US tariffs on steel and aluminum were doubled, but the metal markets appear to have quickly absorbed the impact. Aluminum prices on the LME have already fully rebounded to approximately $2,440…

European aerospace giant Airbus SE is painting a picture of a dramatically busier future for global aviation, predicting the world’s commercial aircraft fleet will nearly double to almost 50,000 planes…

For over a decade, the United States has used export controls to stymie China’s progress in acquiring and developing cutting-edge technologies—especially those with military applications such as advanced semiconductors and…

European stock markets took a sharp dive at the open on Thursday, with a palpable sense of unease spreading across trading floors. The pan-European Stoxx 600 index fell 0.42% shortly…

The UK economy shrank by 0.3% in April, a sharper-than-expected decline that has raised fresh concerns about the fragility of the recovery and the growing pressure on both households and…

Poundland is poised for a sweeping restructuring after investment firm Gordon Brothers acquired the struggling British discount retailer from parent company Pepco Group. The deal, announced on Thursday, includes up…