Quirino Mealha
Economy
Oil surges past $100 a barrel again as US-Iran clashes intensify
Brent crude has shot up to above $100 a barrel after US forces destroyed five Iranian tankers and Tehran responded with missile strikes on Jordan, the latest escalation in the conflict that has kept the Strait of Hormuz largely shut since February.
Economy
An ECB rate hike is all but certain, the reasoning less so
The European Central Bank is all but certain to raise interest rates on Thursday, with investors pricing the move at near-total probability, but the decision is more awkward than the numbers suggest as inflation is being driven almost entirely by energy with underlying pressures actually easing.
Business
Sweden buys Lockheed Martin's HIMARS rocket artillery in €630m deal
Sweden's government has authorised its armed forces to buy the US-made HIMARS rocket artillery system from Lockheed Martin for around 7 billion Swedish crowns, almost €630 million, and has signed a parallel agreement with Finland to operate the two countries' rocket artillery together.
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Business
French start-up Mistral AI raises €3 billion in Samsung-led round
French artificial intelligence company Mistral AI has raised €3 billion in a round led by Samsung Electronics, nearly doubling its valuation to more than €21 billion in what the company says is the largest equity fundraising ever completed by a European technology firm.
Business
French EDF Energy in talks to acquire smaller British rival So Energy
France's EDF Energy is reportedly in discussions to buy So Energy, the smaller British supplier whose Irish parent company has put it up for sale, in a deal that would add to a renewed wave of consolidation among UK gas and electricity retailers.
Economy
China injects over €45 billion into state banks and insurers
China's finance ministry is leading a combined 360 billion yuan (€46.1bn) capital injection into eight state-owned banks and insurers, a coordinated effort to strengthen balance sheets strained by weak lending, low interest rates and government instructions to prop up the stock market.
Economy
US claims EU joined new Iran sanctions push, yet Brussels only endorsed them
US Treasury Secretary Scott Bessent has declared that the European Union formally joined Washington's campaign to sever Iran from the global financial system. Yet a Brussels statement issued at this week's G20 finance meeting in fact stops well short of that.
Business
Workers say AI makes them look more skilled than they are, study finds
A survey of nearly 10,000 employees across Europe and the Americas has found that most believe AI flatters their professional reputation, with 64% admitting they have used it to complete work they could not have done alone, raising an awkward question for managers deciding who to promote.
Business
Norway seizes Russian ship over Ukraine's $4.2bn Crimea claim
Norwegian authorities have impounded a Russian-owned expedition cruise vessel in Svalbard on behalf of Ukraine's state energy company, Naftogaz, which is hunting Russian assets worldwide to collect on an arbitration award stemming from Russia’s illegal annexation of Crimea.
Business
Trump becomes first sitting US president featured on circulating coin
The US Mint has issued the 2026 US President Donald J. Trump $1 coin, marking the first time a serving American president has featured on a coin made for everyday use, with the Mint saying the pieces are already in circulation and rolls and bags going on sale from midday Eastern time.
Economy
Trump vows US will take 'all' of Venezuela's oil as deal details emerge
The White House has published the terms of its Venezuela oil deal, naming the private company at its centre and confirming Washington's majority control of more than 65 billion barrels, as President Trump vowed the US would be taking "all" of it.
Economy
Japan's 10-year yield hits 3% for first time since 1996 amid G20 talks
Japan's 10-year government bond yield touched 3% on Tuesday for the first time since 1996, part of a deepening global sovereign debt sell-off, while US Treasury Secretary Scott Bessent used the G20 finance meeting to press Tokyo for faster rate hikes.
Economy
German inflation rises to 2.9% in August, coming in below expectations
Inflation in Germany rose 2.9% in the year to August on the harmonised measure tracked by the European Central Bank, a fresh acceleration from July but well short of the 3.1% economists had expected, in a reading that offers modest relief to policymakers meeting in Frankfurt next week.
Economy
Iran sanctions and tariffs shadow G20 finance talks in Asheville
Finance ministers and central bank governors from the world's largest economies meet in Asheville, North Carolina, on Monday and Tuesday, hosted by a US administration that is simultaneously pressing allies to help isolate Iran financially and imposing tariffs on several of them.
Economy
The hidden bill: How Europe's scorching summers are reshaping budgets
Another summer of record heat, drought and wildfires is leaving European governments with a bill that will land months later in the form of emergency relief, farm compensation, infrastructure repairs, unpaid taxes and food inflation.
Economy
Warsh flags inflation concerns as he rejects Fed forward guidance
Federal Reserve Chair Kevin Warsh used his first Jackson Hole address on Friday to argue that financial conditions are not restrictive and that underlying inflation has not meaningfully improved, a hawkish assessment that strengthens the case for a rate hike, while ruling out forward guidance.
Markets
Nordics weigh merging their stock exchanges into one regional market
A group of the Nordic region's largest companies and investors is examining whether Sweden, Denmark, Norway and Finland could combine their national stock exchanges into a single regional marketplace in an effort to deepen liquidity and win more listings.
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