Macro
Macro
White House Suspends Microsoft, Tech Firms From PERM Program
The Trump administration has temporarily suspended Microsoft, Adobe, and a group of IT outsourcing firms from sponsoring foreign workers for permanent US...
Macro
Trump rules out Iran strikes before midterms as oil surges
Donald Trump has said the United States will not attack Iran before the November 3 midterm elections, a statement that offered immediate...
Macro
G7 agrees to release 100mn barrels of diesel and crude under pressure from Trump
European diesel prices fell sharply on Friday as traders bet that European governments would bow to sustained US pressure and unlock emergency...
Macro
US sanctions Kremlin-backed fintech A7 for allegedly assisting Iran
The US Treasury has designated A7, a Kremlin-backed cross-border payments company, as a transnational criminal organisation, accusing it of enabling Iran and...
Macro
Higher Oil Prices Intensify Pressure on Government Bonds
Higher oil prices rippled through global government bond markets on Monday, intensifying a sell-off in sovereign debt and weighing on equity futures...
Macro
OpenAI axes next model citing safety issues
OpenAI has withdrawn its next frontier model from release, citing safety evaluations that placed it below its predecessor, a decision that underscores...
Macro
Diesel Prices Spike on US Export Ban Threat
European benchmark diesel futures surged as much as 7 per cent on Wednesday to $1,528 a tonne in London trading, equivalent to...
Macro
Oil Industry Urges Trump to Reject Diesel Export Ban
The US oil industry has mounted a coordinated pushback against President Donald Trump’s signals that he may support a ban on diesel...
Macro
Banks Warn UK Windfall Tax Would Push Investment Away
Global banking executives have warned that raising taxes on the sector will push investment away from the UK, a threat that could...
Macro
China’s Container Export Share Hits 40 Percent, Widening Global Imbalances
China’s share of global container exports has climbed to 40 percent on a rolling three-month average, a milestone that underscores how heavily...