Pound’s Glory Days Are Over as Bets on Ever-Higher Rates Fade
The pound’s unexpected rally this year may have finally run out of steam as the Bank of England
2023-08-06 15:25
US Inflation Data May Offer Some Comfort to the Fed
A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the
2023-08-06 04:50
US customs officers seize counterfeit designer watches worth over $4 million in Kentucky
US Customs and Border Protection officers in Kentucky say they intercepted millions of dollars worth of counterfeit designer watches last month.
2023-08-05 13:26
Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:59
UK Rate Hikes Hurting Business and May Be Near Peak, IOD Says
The Bank of England’s longest series of interest rate increases in three decades is starting to hurt businesses,
2023-08-04 17:21
Hefty Outlier Bet Shows Traders Are Split Over BOE’s Next Move
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the
2023-08-04 12:48
PBOC Chief Meets With Property Developers, Vows Funding Help
China’s central bank said it would increase funding support for the private sector after meeting with company executives
2023-08-04 06:58
Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:20
Hail Bigger Than Baseballs Reveals Green Energy’s Climate Risk
The Scottsbluff solar farm in western Nebraska was built to withstand most hailstones. But the icy pellets that
2023-08-02 21:20
UK Energy Firms Meet Shapps to Discuss Security and Net Zero
Britain’s energy industry will sit down with Energy Security Secretary Grant Shapps on Wednesday to discuss energy security
2023-08-02 07:54
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:45
Europe Gas Prices Extend Gains as Risks Outweigh Rising Storage
European natural gas prices rose for a second session as supply risks and uncertainty about the upcoming winter
2023-08-01 15:53