Turkey’s Central Bank Outdoes Forecasts With Big Rate Hike
Turkey’s central bank hiked interest rates by double the amount markets expected on Thursday, bolstering the lira. The
2023-11-23 19:49
Russia ‘Spits’ on EU Sanctions in Escalating Propaganda Battle
The European Union promised to shut down the flow of Vladimir Putin’s propaganda after Russia invaded Ukraine, slapping
2023-11-23 19:21
BNP Paribas Cracks Down on Mining Clients With New Coal Policy
BNP Paribas SA is imposing new financing restrictions as part of an updated policy around how to treat
2023-11-23 18:59
Migration to the UK Still Near Record Despite Sunak’s Clampdown
A near-record number of long-term migrants came to the UK in the year ending June, laying bare the
2023-11-23 18:58
Deutsche Telekom Suffers EU Setback Over Antitrust Fine Interest
Deutsche Telekom AG suffered a blow at the European Union’s top court in a potentially precedent-setting dispute over
2023-11-23 18:51
Swedish Fund Alecta Faces Prosecutor Probe on Its Property Stake
Pressure is again mounting on the Swedish pension group embroiled in the Silicon Valley Bank fallout this spring
2023-11-23 18:49
UK Inflation Fears Revived by Unexpected Output Growth, S&P Says
British companies reported an unexpected increase in output in November and evidence of stronger inflation, signs of strength
2023-11-23 17:57
Ermotti Urges More Top Banker Accountability After Credit Suisse
UBS Group AG Chief Executive Officer Sergio Ermotti said Switzerland should have broader powers to sanction bank executives
2023-11-23 17:52
Euro-Area Business Weakness Increases the Odds of a Recession
A recession in the euro area is looking increasingly likely as the economic downturn persists in the final
2023-11-23 17:52
Bundesbank Says Too Soon to Declare Finance System All Clear
Germany’s financial system still needs to fully digest higher interest rates so it’s too soon to declare that
2023-11-23 17:50
Hunt’s Tax Cuts to Squeeze UK Public Services Beyond the Election
Chancellor of the Exchequer Jeremy Hunt will redouble the squeeze on Britain’s crumbling public services to pay for
2023-11-23 16:59
EU Set to Approve as Much as €1 Billion of Funds for Hungary
The European Union is finalizing a decision to release as much as €1 billion ($1.1 billion) in EU
2023-11-23 16:58