Bank of England says UK banks are resilient enough to offer struggling households support
The Bank of England has warned that households across the U.K. are facing increasing problems from the sharp increase in interest rates but says the country’s biggest banks are resilient enough to offer more help than they were able to before the global financial crisis 15 years ago
2023-07-12 15:28
Stock market today: Asian shares are mixed ahead of an update on US consumer prices
Asian shares are mixed after stocks advanced on Wall Street ahead of an update on U.S. inflation that investors hope will show a smaller increase in pain for everyone
2023-07-12 15:28
BOE Says Average Mortgage Holder to Pay About £3,000 a Year More
The Bank of England warned that UK households renewing their mortgage deals will probably have to pay almost
2023-07-12 15:28
Russia's threat to pull out of Ukraine grain deal raises fears about global food security
Concerns are growing that Russia won't extend a United Nations-brokered deal that allows grain to flow from Ukraine to parts of the world struggling with hunger
2023-07-12 14:51
Australia central bank chief has 'open mind' about future tightening
By Stella Qiu SYDNEY (Reuters) -Australia's top central banker said on Wednesday he is confident higher interest rates are working
2023-07-12 14:50
Largest UK Lenders Pass Latest Bank of England Stress Tests
The Bank of England said the UK’s eight largest lenders all passed its latest stress test, which examined
2023-07-12 14:47
France's Thales to acquire Cobham Aerospace Communications for $1.1 billion
French defence and technology group Thales said on Wednesday it started talks to buy French supplier of airborne
2023-07-12 14:28
Address Hotels and Resorts Announces the Opening of Address Jabal Omar Makkah Unveiling a Spiritual Haven in the Heart of Makkah
MAKKAH, Saudi Arabia--(BUSINESS WIRE)--Jul 12, 2023--
2023-07-12 14:24
Jack Ma loses more than half of his wealth after criticizing Chinese regulators
Jack Ma's fortune is estimated to be worth less than half of what it was just three years ago, when he made a pivotal speech that derailed what was supposed to be the world's biggest share sale at the time.
2023-07-12 14:24
UBS Names Markets Leadership Teams in Next Integration Step
UBS Group AG appointed Patrick Grob head of global wealth management unified global markets, one of dozens new
2023-07-12 13:59
Factbox-Australia's central bank outlines new policy procedures
SYDNEY The Reserve Bank of Australia (RBA) has announced changes to how it formulates and announces interest rate
2023-07-12 13:58
AXA weighs offloading $2 billion reinsurance arm to cut disaster risk - sources
By David French and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) -One of the world's top insurers is mulling offloading its
2023-07-12 13:54