Italy’s government is pushing to approve a borrower-friendly measure on bad loans by the end of the year as part of Prime Minister Giorgia Meloni’s drive to help troubled families and firms amid rising interest rates.
Chinese consumer sentiment improved in August, snapping several months of decline, though it remains weak compared to earlier in the year, according to two surveys.
India’s inflation should abate in the coming months as policymakers are taking every possible step to cool down soaring prices, according to a top Finance Ministry official.
Bali will start charging foreign tourists a levy to visit starting next February, part of broader moves by the tropical island to clean up its tourism scene.
A wildfire near the Greek capital that started on Tuesday continued to destroy parts of the forest in Mount Parnitha, threatening more homes as the wind is expected to get stronger through the day.
Yevgeny Prigozhin, the man who led a mutiny that posed the biggest threat to President Vladimir Putin’s almost quarter-century rule, is presumed dead.
Sweden’s housing starts extended a plunge into the second quarter as lower home prices and rising construction costs put the brakes on building activity.
BRICS leaders are preparing to invite top oil exporter Saudi Arabia and several other countries to join their bloc in a push to expand its global influence.
A number of global and local distressed asset investors are considering buying some of State Bank of India’s bad loans put up for sale in the financial year that began in April, according to people familiar with the matter.
India will need to invest $12.7 trillion in its energy system, or more than three times its gross domestic product, to reach net zero emissions by mid-century and help the world avert disastrous planetary warming, according to BloombergNEF.
