Allianz SE, the owner of bond manager Pacific Investment Management Co., generated record second-quarter profit on better results in its insurance and asset management businesses.

Rheinmetall CEO Armin Papperger says he is “very unhappy” after Germany withdrew a €10 billion naval contract, saying it wasn’t a “responsible use of budgetary funds," a decision that forced the defense company to cut its outlook. Papperger made the comments in an interview with Bloomberg TV’s Franc

Putin sees little need to negotiate.

How Trump’s lack of clarity leads to escalation.

Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions

Building the digital identity infrastructure now, before reconstruction finance starts flowing at scale, is the right sequence. The post How Gaza’s reconstruction can get a boost from decentralized ledger-based digital IDs appeared first on Atlantic Council.

Both countries would need to use any delay in exiting “least developed country” status to advance structural changes to their economies. The post Nepal and Bangladesh are delaying LDC graduation. Now comes the hard part. appeared first on Atlantic Council.

What Comes after the neoliberal order.

How to avoid an AI catastrophe.

US is set to import most Middle East crude since Iran war began Reuters