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The strong dollar is cutting billions in profits for US companies
The currency's rise to its highest level in 20 years is taking its toll on global companies

Judge grants Twitter a summary judgment to decide the fate of the $44 billion deal with Elon Musk
Social media platform wins early victory in battle to complete billionaire takeover

Half a trillion dollars wiped out by once high-flying fintechs
Fears that digital businesses, which thrived during lockdown, may not weather a recession have hit them

Mario Draghi struggles through the swamp of Italy's turbulent politics
Hopes for reform are fading, but some believe an offer to resign will strengthen the prime minister's hand should he decide to keep fighting

US inflation hits 9.1%, increasing pressure on Federal Reserve
Markets are reckoning with a higher probability of a 1% rate hike this month after a sharper-than-expected rise in prices

Mixed US economic data fuels recession fears on Wall Street
Markets expect the Fed to hike rates further this year before changing course in 2023

Elon Musk's Twitter deal fell through
He accuses Twitter of posting "false and misleading" information about the number of fake and spam accounts

Former top Wirecard accountant admits falsification of documents for KPMG special audit
Stephan von Erffa says the fake payment authorization was an isolated case

Chinese stocks face biggest monthly gain since 2020
End of bans in Shanghai and Beijing and hopes of easing tech regulations are fueling investor demand

US strengthens military presence in Europe as part of NATO reinforcements
Biden says additional deployments send "an unmistakable message" that the alliance is "strong and united."
