LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:54
Bank of England forecasts 150 billion pound loss from QE gilt programme
By David Milliken LONDON The Bank of England forecast on Tuesday that it would make a net loss
2023-07-26 00:59
Bank of England policymakers weigh up 14th rate hike to tame inflation
LONDON The Bank of England is expected to raise interest rates for the 14th consecutive meeting next week
2023-07-25 23:57
Twitter's rebrand is the next stage in Elon Musk's vision for the company. But does anyone want it?
Elon Musk's move over the weekend to rebrand Twitter and replace its iconic bird logo with an X is just the latest step in his effort to make over the billionaire's longtime favorite platform in his image.
2023-07-25 20:26
Bank of England rates set to peak at 5.75% by year-end: Reuters poll
By Shaloo Shrivastava BENGALURU The Bank of England will raise its Bank Rate by a quarter-point to 5.25%
2023-07-25 19:51
London court revives $3.5 billion mass forex lawsuit against banks
LONDON A proposed 2.7 billion pound ($3.46 billion) mass lawsuit against major banks including JPMorgan and Citigroup over
2023-07-25 18:23
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:45
Ukraine Needs Its Women Back for a Shot at Economic Recovery
Ukraine needs its women refugees to come home, and soon. Almost a year and a half into President
2023-07-24 23:51
Bank of England to check credibility of top banks' wind-down plans
By Huw Jones LONDON The Bank of England said on Monday it will check from October whether top
2023-07-24 23:46
UK homebuilders under pressure as lofty mortgages deter first-time buyers
By Aby Jose Koilparambil British homebuilders are building fewer homes, cutting down on land purchases and offering more
2023-07-24 21:59
UK firms grow at slowest in 6 months as rate hikes weigh: PMI
LONDON Britain's private sector is growing at its weakest pace in six months in July as orders for
2023-07-24 16:51
El Niño Threat Looks Underpriced as Emerging-Market Bonds Rally
Emerging-market bond bulls are betting the imminent end of central bank interest-rate hikes will help power up the
2023-07-23 20:59