Hundreds died during this year’s Hajj pilgrimage in Saudi Arabia amid intense heat, officials say
Hundreds of people died during this year’s Hajj pilgrimage in Saudi Arabia as the faithful faced intense high temperatures at Islamic holy sites in the desert kingdom, officials said Wednesday.
Britain’s Stonehenge sprayed with paint by environmental protesters
Two people have been arrested on suspicion of damaging the ancient monument, local police said in a statement.
Advertising is now a ‘meritocracy’ in the wake of social media, Resy co-founder Gary Vaynerchuk says
“For the first time in the history of marketing, you can post something, not have any money paid to amplify it, and have millions of people see it.”
India set for decade-high $2 billion bond inflows around JPMorgan index inclusion day
Foreign inflows into Indian bonds will hit a decade-high of $2 billion around June 28, when they will be included in a JPMorgan index, bankers said.
European markets mixed; FTSE ticks up after UK inflation falls
European stocks were mixed on Wednesday, losing the positive momentum seen in the previous trading session.
Bank of England set to hold interest rates despite inflation hitting 2% target
Services inflation and wage growth both remain significantly above the level desired by monetary policymakets.
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
Fitch now forecasts China will keep its one-year medium-term lending facility (MLF) unchanged this year at 2.5%, and cut it to 2.25% next year.
Putin and Kim Jong Un’s relationship is a marriage of convenience: Here’s how it works
The Putin-Kim meeting is focused on deepening strategic transactions — the quid pro quo — between the countries.
Swiss regulator rules out UBS antitrust action over Credit Suisse deal
Switzerland’s financial regulator ruled that the UBS takeover of Credit Suisse did not create any competition concerns.
Russia and North Korea sign partnership deal that includes mutual defense pact, Putin says
Vladimir Putin was met with a grand reception in Pyongyang, North Korea, as Western officials warn of the warming relationship with Kim Jong Un.