RBC Blue Bay Asset Management warns Europe risks recession if Strait of Hormuz crisis lasts over a month.

Chinese regulators block Meta's $2B acquisition of Manus over investment rule concerns; Manus relocated to Singapore in 2025.

Chinese regulators blocked Meta's $2 billion acquisition of Manus, after reviewing whether the deal violated Beijing's investment rules. Manus had moved to Singapore in 2025. (Source: @arjunneilalim / Financial Times)

Germany's consumer confidence hits lowest level in over three years.

Germany's consumer confidence has reached its lowest point in over three years.

Daiwa to buy Orix Bank for $2.3 billion in its biggest acquisition in over a decade, as Japan's No. 2 brokerage deepens commercial lending push.

Daiwa Securities Group will buy Orix Bank for $2.3 billion, its biggest acquisition in more than a decade, as Japan's second-largest brokerage deepens its push into commercial lending.

Euro-area companies expect sharp rise in selling prices and input costs due to Iran war, adding to ECB inflation concerns.

Companies in the euro area expect substantially higher selling prices and input costs due to the Iran war, adding to inflation concerns at the European Central Bank.