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 15:48
Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate
2023-06-21 15:28
Grand jury expected to review case against 6 former Georgia sheriff's deputies fired after their involvement in man's in-custody death, source says
Prosecutors investigating six former Georgia sheriff's deputies fired for their involvement in the death of a man being held in a county jail last year will present the case in front of a grand jury in the coming weeks, a source with knowledge of the investigation told CNN.
2023-06-21 15:25
UK Inflation Overshoots Again, Raising Pressure for Higher Rates
UK inflation remained higher than expected for a fourth month, leading to a fresh flurry of bets on
2023-06-21 15:19
Traders Fully Price 4% Peak ECB Rate for First Time Since March
Traders raised bets on further European Central Bank interest-rate hikes after a hotter-than-expected inflation print in the UK
2023-06-21 14:49
GSK's RSV vaccine shows long-term efficacy in late-stage trial
(Reuters) -GSK on Wednesday said its vaccine for the respiratory syncytial virus (RSV), which recently won EU approval, showed strong
2023-06-21 14:48
Elton John and Guns N'Roses primed as Glastonbury music festival opens
The iconic Glastonbury Festival opens its doors on Wednesday, with 200,000 music fans set to descend on a farm in southwest England to see acts including Arctic...
2023-06-21 14:45
Yuan Extends Drop as PBOC’s Weak Fix Worsens Fragile Sentiment
China’s yuan tumbled past the closely watched 7.2-per-dollar level and analysts are bracing for more losses after Beijing
2023-06-21 14:25
Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row,
2023-06-21 14:22
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already
2023-06-21 13:56
China Stimulus Calls Mount From State Media, Top Advisers
Chinese policymakers are facing growing calls for economic stimulus, this time from several prominent state media and top
2023-06-21 13:47
Wisconsin lawmakers poised to approve liquor law overhaul
Wisconsin lawmakers are poised to approve a massive overhaul of the laws governing the state’s multibillion-dollar liquor industry, changes that are supported by small craft brewers, like the makers of Spotted Cow beer, bar owners and alcohol distributors
2023-06-21 13:25