IMF cuts 2026 global growth forecast to 3.0% from 3.1% in April, raises 2027 outlook to 3.4%; Euro Area and Japan 2026 forecasts also lowered

UniCredit secures 48% of Commerzbank shares, falling just short of control of the German lender it has pursued since 2024. The Italian bank's stake build-up marks a major step in its cross-border takeover bid.

UniCredit says it has secured 48% of Commerzbank shares, leaving the Italian bank just short of control of the German lender it has been trying to buy since 2024.

Indonesia's new financial centre draws up to $27.8 billion in investment, Reuters reports, signaling major capital commitment to the country's emerging administrative hub.

Indonesia reports its new financial centre has attracted up to $27.8 billion in investment.

Paradigm raises $1.2 billion fund to expand investments beyond crypto into AI and robotics

Paradigm has raised a new $1.2 billion fund to make more bets beyond the crypto sector, including AI and robotics.

Toyota to move Tacoma truck production from Mexico to Texas, rattling Mexico's auto sector amid fears the manufacturing shift could spread beyond the Japanese automaker.

Toyota says it will move production of its Tacoma truck from Mexico to Texas, a blow Mexico's auto industry fears could spread beyond the Japanese automaker.