Key Points The Saudi Pro League is looking at privatization to bring it to greater heights. Football is a core part of Saudi Arabia’s Vision 2030, a sweeping plan to diversify its economy away from oil revenues and reposition the kingdom as a global cultural and commercial hub. The country is looking to professionalize its…
Now is the time for investors to rebalance their portfolios, according to Wells Fargo. The firm suggests reallocating from stocks into select bonds since equity valuations have soared. The S & P 500 closed over 6,500 for the first time on Thursday, but slipped lower on Friday . “Even as the S & P 500…
A vendor gives a customer change at stall at a farmers market in Hanau, Germany, on Saturday, Aug. 9, 2025. Alex Kraus | Bloomberg | Getty Images Increases in unemployment and inflation cast a shadow over the outlook for Europe’s largest economy, which joins the wider EU bloc in bracing for the full impact of…
Lisa Cook, governor of the US Federal Reserve, and U.S. President Donald Trump. Ting Shen | Bloomberg | Getty Images | Jonathan Ernst | Reuters President Donald Trump on Friday asked a judge to deny a request by Federal Reserve Board Governor Lisa Cook to issue an injunction barring Trump from firing her. The Fed,…
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, arrives to pay his last respect to Indian industrialist Ratan Tata at the National Centre for the Performing Arts (NCPA) ahead of its cremation in Mumbai on October 10, 2024. Punit Paranjpepunit Paranjpe | AFP | Getty Images Indian conglomerate Reliance Industries on Friday announced new…
The Mumbai skyline on July 6, 2025. Punit Paranjpe | Afp | Getty Images India’s economy grew at a faster than-expected annual rate of 7.8% in the quarter ended June. The gross domestic product print for the first quarter of the fiscal year 2026 came in higher than the 6.7% growth forecast by economists in…
Mukesh Ambani, chairman and managing director of Reliance Industries Ltd., is speaking at an event in Mumbai, India, on March 30, 2024. Indranil Aditya | Nurphoto | Getty Images India’s richest man, Mukesh Ambani, on Friday announced plans to list the country’s largest telecom operator, Reliance Jio Infocomm, by the first half of 2026. Speaking…
Los Angeles, California, U.S., on Aug. 28, 2025. Eric Thayer | Bloomberg | Getty Images The S&P 500 closed Thursday at a fresh high, buoyed by signs that both Main Street and Wall Street are still buzzing with life. Revised data showed U.S. gross domestic product grew at an annualized 3.3% in the quarter ending…
The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is seen outside theri building as the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Denmark on Friday slashed its annual growth…
European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of the region’s biggest economies, along with the U.S. Price rise data is due from France, Spain, Italy and Germany, ahead of the flash August reading for the euro area next Tuesday. Stateside, investors will be…
