Business, News Hamas official says it rejects new US Gaza ceasefire plan backed by Israel May 30, 2025 The US says Israel has “signed off” on envoy Steve Witkoff’s plan and that it is waiting for a formal response from Hamas.
Japan’s economy contracts by a more than expected 0.2% from prior three months On an annualized basis, Japan’s GDP contracted 0.7% in the first quarter, also more than the 0.2% fall expected by…
China cuts benchmark lending rates by 25 basis points The move was not unexpected. China’s central bank governor indicated last week that the loan market benchmark rate would be…
UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking…