French finance ministry expects record debt in 2026, reaching nearly 120% of GDP

As London/European traders head for the exit, the markets are scared of the Fed (and war) !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

A Salad and Go restaurant in Phoenix, Az. Source: Google Earth Salad and Go has filed for Chapter 11 bankruptcy and is closing all existing locations on Wednesday. The company said in a statement to CNBC that it sought bankruptcy protection due to prior strategic growth challenges, weakening consumer demand and higher costs. Diner fears…

Home Technology HSBC, Standard Chartered Test Interbank Tokenized Deposits On SWIFT Banks clear major milestone toward real-time, cross-border tokenized deposits. Tokenized deposits are a step closer to broader institutional use as HSBC Holdings PLC and Standard Chartered PLC completed the first bank-to-bank transaction via the banking messaging consortium SWIFT’s digital blockchain-backed ledger, the banks reported…

Britain’s BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran. The oil giant posted underlying replacement cost profit, used as a proxy for net profit, of $5.7 billion for the April to June period. That comfortably…

The rupee appreciated to a 10-week high on Thursday, as robust dollar inflows through the Reserve Bank of India’s special FCNR(B) swap window lifted sentiment, along with the central bank’s more active intervention in the foreign exchange market, dealers said. The RBI’s special swap measures mobilised a higher-than-expected $136.4 billion in foreign currency inflows till…