Panetta Says ECB Must Avoid Wage-Price Spiral Spurred by War
European Central Bank Governing Council member Fabio Panetta said that officials mustn’t let war-driven inflation stoke wages, while cautioning against too strong a response.
Political news and analysis
European Central Bank Governing Council member Fabio Panetta said that officials mustn’t let war-driven inflation stoke wages, while cautioning against too strong a response.
The funding round, led by Insight Partners, comes just four months after Wonderful raised a $100 million Series A.
Pakistan spinner Abrar Ahmed has been signed by Indian-owned Sunrisers Leeds in UK cricket's Hundred auction.
Pepkor Holdings Ltd. is seeking a banking chief as Africa’s biggest seller of clothing and mobile phones plans to open branches using its store network in South Africa to reach millions of lower-income customers.

Dyson’s bringing the lasers from its handheld vacuums to its new autonomous cleaner. | Image: Dyson Dyson's latest autonomous robot vacuum cleaner first debuted during IFA 2025 in Berlin last September. The Spot+Scrub Ai Robot is the company's follow-up to its 360 Vis Nav robovac launched in 2023 with upgrades that include a new self-cleaning roller mop, a multifunction dock, and lasers that can identify stains. It's available now through Dyson's physical stores and website, Amazon, and Best Buy for $1,199 - which is the same price as its less capable predecessor. Dyson has abandoned the vision-based navigation system used on its earlier robovacs for lidar on the Spot+Scrub. It works alongside AI to recognize and avoid obstacles like soc … Read the full story at The Verge.
Nissan will integrate Wayve's self-driving software into the Leaf with the goal of making the vehicles available on the Uber app in Tokyo.
New York City Mayor Zohran Mamdani was hit with a string of warnings this week about the city’s finances, as he tries to enact ambitious campaign promises while contending with a gloomy fiscal reality.
Mattel CEO Ynon Kriez joins Bloomberg Open Interest and says it's too soon tell how the war in Iran is impacting the company, but he says their supply chain is diversified and flexible. He also talks about explosive demand for Hot Wheels and Barbie dolls, and how its partnership with OpenAI is working. (Source: Bloomberg)
Operators face growing risks whether they stay or flee through Strait of Hormuz
No fewer than nine senators from various political parties on Thursday formally defected to the African Democratic Congress (ADC), a development that has further altered the political balance within the Senate.
Angola’s central bank kept its benchmark interest rate at 17.5%, pausing for the first time since August after oil prices surged because of the US-Israel war on Iran.
The use of RAF Fairford by US forces highlights the UK's increasingly active role in the US-Israeli war on Iran.