By Craig Erlam Investors are opting for caution at the end of another strong rebound week, with equity markets a little lower as we near the close. The rebound we’ve seen over
By Roland Jackson The Bank of England on Thursday hiked its main interest rate to its pre-pandemic level to combat runaway inflation that risks soaring far higher as the Ukraine conflict fuels energy costs.
Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders also tracking interest rate decisions and China’s pledge to support volatile markets. The price of benchmark oil
European stock markets climbed at the open Thursday, with investors widely expecting the Bank of England to announce a third straight interest rate rise to combat decades-high UK inflation. London’s benchmark FTSE
By Danny Kemp and Emmanuel Duparcq Ukraine’s leader on Wednesday issued an emotive appeal to US lawmakers for greater Western intervention against Russia, which insisted its invasion was going “successfully” despite the
By Heather Scott US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation before it surges out of control.
Independent advisory and fintech deVere Group has launched dV Gems, a non-fungible token (NFT) platform that aims to give investors access to an emerging asset class and streamline digital ownership. An NFT
British Prime Minister Boris Johnson began lobbying Saudi Arabia and the United Arab Emirates to pump more oil to calm markets roiled by Russia’s invasion of Ukraine as he met the Gulf
By Danny Kemp, with Emmanuel Duparcq The United States will unveil a new round of security assistance to Ukraine Wednesday, as western leaders faced mounting pressure to stop Russia’s bombardment of civilians and
The EU on Tuesday banned exports of champagne, high-end cars, fashion apparel, expensive electronics and sports gear to Russia as part of a new round of sanctions on Moscow for its war
