Canada could become 'first associate member' of EU, bloc's chief says
European Commission President Ursula von der Leyen said the European Union is opening the door for Canada to become the first associate member of the 27-nation bloc.
Crypto exchange Binance takes on tradfi by courting rich investors to join its expanded wealth-management platform
Binance is opening its Capital Connect platform to qualified individual investors for the first time.
Saudi says Houthis targeted Mecca with a drone, Iran-backed group rejects claim
The Organization of Islamic Cooperation condemned the strike as a "heinous" attack. Mecca is Islam's holiest site and the focal point of the annual Hajj pilgrimage.
UK inflation jumps to 3.1% as energy costs soar
The reading comes just hours before the Bank of England updates its monetary policy.
Petrol and diesel price rises push UK inflation higher
Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.
Dovish outlier Nomura boosted Fed-hike forecasts for two reasons
Elevated oil prices and sticky inflation have prompted Nomura to add more rate hikes to its monetary forecasts, though less than what the market is pricing.
Bond yields are spiking, oil is up — but investors aren’t giving up on stocks
Rising Treasury yields, geopolitical risk and fresh AI safety concerns are hitting markets, but many investors remain bullish on AI spending and earnings.