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Anchorage Accord Talks: What Was Said Between Putin and Trump — and a Possible Path to Peace in Ukraine 08/17/2025

Americans keep buying jewellery — and here’s why, even as tariffs loom 08/17/2025

Trump says Zelensky could end Ukraine conflict immediately 08/18/2025

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Business & Finance

Adobe expects maximum since 2021 growth in US online sales in November-December

Adobe Inc. forecasts that sales in online stores in the United States will reach their highest point since 2021 during the winter holiday season (from 1 November to 31 December) because of significant discounts and decreasing inflationary pressures. Anticipated sales for the period are projected to...

JPMorgan Eyes Expanding Footprint In Southeast Asia Amid China Plus One Strategy

JPMorgan, the largest bank in the U.S., is setting its sights on Southeast Asia, a region increasingly benefiting from the "China Plus One" strategy, as it continues its strong focus on India and Japan. According to Sjoerd Leenart, JPMorgan's Asia Pacific CEO, the bank is looking to allocate more...

German government decides not to sell any more Commerzbank shares for now

The German financial agency announced that the German government has made the decision to refrain from selling additional shares in Commerzbank AG in the near term. In September, the government started lowering its ownership in Commerzbank, which it has had since the 2008 financial crisis, by...

UniCredit launches €1.7 billion share buyback

UniCredit SpA, an Italian bank, has introduced a €1.7 billion share repurchase initiative. The bank announced in a press release that the buyback will start on Monday and could finish by November. In September, UniCredit announced that the European Central Bank had given its approval for the bank...

Barclays urged to give UK companies tax breaks to revive trading on LSE

According to a report by Barclays, the UK government ought to offer tax incentives to firms looking to move their listing from "junior" markets like the Alternative Investment Market (AIM) to the main floor of the London Stock Exchange (LSE). The bank's analysts believe this will assist in...

Mitsubishi discusses participation in ExxonMobil's low-carbon ammonia project

Mitsubishi Corp. from Japan is in talks to acquire a share in ExxonMobil Corp.'s Texas project, set to be the biggest low-carbon ammonia production facility globally, writes The Wall Street Journal. It is anticipated that the plant will have the capacity to generate 1 billion cubic feet (28 million...

GM and Hyundai plan partnership in car production and green technology

American General Motors and South Korean Hyundai Motor have agreed to investigate potential collaborations in car production, supply chains, and environmentally-friendly technologies. As per the companies' collaborative press statement, they aim to cut costs and speed up the release of cutting-edge...

Commerzbank ready for talks on possible merger with UniCredit

Commerzbank AG is open to discussions regarding a potential merger with Italian UniCredit, writes the Financial Times citing sources. On Wednesday, it was revealed that UniCredit purchased 9% of Commerzbank shares, with the German government providing the remaining 4.5% of the market share. The...

Trump Media shares lose 18% after Trump and Harris debate

Trading data shows that the share price of Trump Media & Technology Group (TMTG), the company that owns Truth, the social network that Donald Trump founded, dropped 18.25% during its premarket low on the Nasdaq exchange. Later, the fall had slowed to 10.84%. The value of Trump Media shares at...

Panasonic And Tata Motors End Olympic Sponsorships: Implications For Future Business Strategies

Japan’s Panasonic Holdings has announced that it will end its 37-year sponsorship of the Olympic Games following the conclusion of the Paris Games. This decision marks a significant shift for the Osaka-based company, which has been a top sponsor of the global sporting event since 1987. The news...