Chancellor Friedrich Merz’s cabinet adopted a plan to boost infrastructure and defence outlays, with 115 bln euros of ...

Comac wants to export its passenger aircraft to Europe but winning safety certification will take years even if Beijing makes ...

Trying to reshape the U.S. economy around manufacturing is hard enough without helter-skelter industrial policy. Cancelled ...

The Fed and other agencies are debating how to relax capital rules so that JPMorgan and its peers can be more active in the $28 trln Treasury market. Letting them treat US debt as risk-free or broadly ...

Democratic socialist Zohran Mamdani won a spot on the ballot to run the city home to Wall Street. The 33-year-old would have limited power to raise taxes or dole out freebies, but he’d be a potent ...

Thames Water seems like an asset nobody wants. It desperately needs to cut debt and raise fresh equity, yet its current shareholders have deemed it “uninvestable”. Recent bidder KKR walked away.

Narendra Modi's fresh push to link India to Europe via Israel may look oddly timed with the turmoil in the Middle East. But the prime minister of the South Asian country is wasting no time in ...

The region’s NATO members spent $450 bln on their militaries last year, but governments are far behind on their pledges to go ...

An abrupt halt to Israel and Iran’s 12-day conflict has pushed the oil price below $70 a barrel, its level after President ...

Sales of existing homes are at a 16-year low, inventories are rising, yet affordability is stretched. Structural drags – from ...

Anguished bankers bemoaned former merger cop Lina Khan’s habit of stretching legal precedent. In attaching oddball conditions ...

Whenever some aspect of Hong Kong’s U.S. dollar peg appears askew, observers suggest that the scheme’s end is nigh — or has ...