Russia hikes interest rates to 15% as inflation soars
The Bank of Russia raises rates more than expected to try to lower inflation and boost the rouble.
2023-10-27 22:21
Heineken sells off Russian beer business for €1
The lager-maker will take a huge loss on the division which, it said, had taken longer to jettison.
2023-08-25 19:27
Spotify is hiking its prices
Spotify is the latest streaming service to hike its prices.
2023-07-24 19:45
Foxconn: Apple supplier drops out of $20bn India factory plan
Some analysts say Foxconn's decision marks a setback to the country's technology industry ambitions.
2023-07-11 11:56
San Francisco Fed president: Silicon Valley Bank's failure wasn't our fault
Silicon Valley Bank failed because regulators were far too slow to take action, San Francisco Federal Reserve Bank President Mary Daly said Monday in her first extended remarks about the collapse.
2023-07-11 04:53
Why some central banks are rushing to hike rates now
Central bankers across the globe are delivering a message: Slow and steady won't win the race against inflation.
2023-06-25 17:16
Turkey hikes interest rates to 15% as Erdogan reverses policy on fighting inflation
Turkey's central bank hiked interest rates to 15% from 8.5% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation.
2023-06-22 19:29
iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:52