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Latest market and business coverage published on Gitx.
Latest finance and business coverage
President Donald Trump on Friday vowed to hold Canada responsible for the wildfire smoke blanketing large swaths of the United States, saying the cost…
July 17, 2026HSBC and LSEG link platforms to support UK digital giltHSBC has become the first company approved by the Bank of England to go live in the UK's Digital Securities Sandbox, a milestone that…
July 17, 2026Goldman Sachs warns oil could spike as China’s demand cushion wears thinFor nearly five months, China's dramatic withdrawal from international crude oil markets has acted as an unintended pressure valve, preventing the Iran war's supply…
July 17, 2026US restores Hong Kong’s special trade status as 2020 order lapsesThe United States will restore Hong Kong's special trading status after Washington declined to renew the executive order that had stripped the city of…
July 17, 2026Saudi fund poised to win EU approval for $55B EA dealA consortium of investors led by Saudi Arabia's Public Investment Fund is poised to secure European Union approval for its $55 billion acquisition of…
July 17, 2026South Korea bans new leveraged ETF listings, sparking global chip sell-offU.S. semiconductor stocks slumped on Thursday as South Korea's crackdown on single-stock leveraged exchange-traded funds compounded growing unease over elevated valuations in the AI…
July 17, 2026China to raise fuel prices as Strait of Hormuz tensions lift global oil costsChina's top economic planner announced Thursday it will raise domestic retail fuel price caps from Saturday, July 18, as renewed US-Iran hostilities over the…
July 17, 2026Anglo American picks Global Diamond Consortium to buy De BeersAnglo American has chosen the Global Diamond Consortium as its preferred bidder for its 85% stake in De Beers, Botswana's Minister for State President,…
July 17, 2026EU unveils plan to ease cross-border banking barriersThe European Commission on Thursday published a long-awaited banking competitiveness report outlining plans to dismantle national barriers to cross-border banking, ease capital requirements for…
July 17, 2026Eni CEO says Hormuz blockade has changed global energy outlookEni CEO Claudio Descalzi told Italy's Parliament on Wednesday that the renewed Iranian blockade of the Strait of Hormuz has fundamentally altered the global…
July 17, 2026Hang Seng drops sharply as global chip selloff sweeps AsiaHong Kong's Hang Seng Index dropped to 24,524 on Friday, losing 1.94% from the previous session as a global rout in semiconductor and AI…
July 17, 2026Apple reclaims title of world’s most valuable companyApple reclaimed its position as the world's most valuable publicly traded company on Thursday, surpassing Nvidia as a broad selloff in semiconductor stocks dragged…