UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:25
Poland's conservative ruling party leader Kaczynski is joining the government as the deputy premier
Poland’s powerful conservative ruling party leader Jaroslaw Kaczynski is reentering the government as the only deputy prime minister in the Cabinet
2023-06-21 17:20
FedEx’s Forecast Falls Short of Estimates Amid Weak Demand
FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets Chief
2023-06-21 17:15
German recession will be sharper than expected: Ifo
BERLIN The German economy will contract more than previously expected this year as sticky inflation takes its toll
2023-06-21 16:47
Russia says it downed 3 drones outside Moscow, suspects it was attack by Ukraine
Russian authorities say two drones have crashed outside Moscow as they were approaching the warehouses of a local military unit
2023-06-21 16:46
Watch live as Rishi Sunak opens Ukraine Recovery Conference in London
Watch live as Britain hosts the latest Ukraine Recovery Conference. The international event, which runs in London on 21 and 22 June, is focused on the recovery and reconstruction of the war-torn nation and will be attended by governments, international organisations and the private sector. Rishi Sunak and Ukrainian president Volodymyr Zelensky will open the session, before a speech from Denys Shmyhal, Ukraine’s prime minister. “As we’ve seen in Bakhmut and Mariupol, what Russia cannot take it will seek to destroy. They want to do the same to Ukraine’s economy,” Mr Sunak will say. “President Zelensky’s government is determined to drive reforms to become more open, more transparent and ready for investment. This is a vibrant, dynamic, creative, European country that refuses to be subdued.” Other speeches throughout the conference will focus on the scale of recovery, investment in Ukraine’s capital recovery and “building back better” in the energy sector. Read More Budget 2022: Hunt says UK in recession as he announces huge tax rises Jeremy Hunt increases energy windfall tax in budget Jeremy Hunt freezes tax allowances and hits 45p rate payers
2023-06-21 16:27
El Nino Raising Risk of Southeast Asia Haze Crisis This Year
Singapore, Indonesia and Malaysia may face the most severe haze in at least five years due to the
2023-06-21 16:26
Cooperation or competition? China's security industry sees the US, not AI, as the bigger threat
China’s security and surveillance industry is now focused on shoring up its vulnerabilities to the United States and other outside actors, worried about risks posed by hackers, advances in artificial intelligence and pressure from rival governments
2023-06-21 16:23
South African Consumer Inflation Slows to 13-Month Low in May
South African inflation slowed to a 13 month-low, easing pressure on the central bank to continue raising interest
2023-06-21 16:23
Stock market today: Asian shares mostly lower, tracking Wall Street retreat
Shares are mostly lower in Asia after Wall Street benchmarks retreated following the S&P 500's rise to its highest level since the spring of last year
2023-06-21 16:22
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
2023-06-21 15:56
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:49