US Corn Crop Withers to Worst Conditions Since 1992, Driving Prices Higher
Corn prices are surging as persistent dry weather in the US, the world’s biggest producer, has dragged crop
2023-06-22 00:45
Volkswagen Maps Out Profit Push With Brands Getting More Autonomy
Volkswagen AG’s boss has handed the company the tall order of raising returns while making the switch to
2023-06-22 00:25
Bitcoin Hits a Six-Week High as Financial Titans Step Up Crypto Initiatives
Bitcoin climbed to $30,000 for the first time since April, buoyed by crypto initiatives involving major players from
2023-06-22 00:18
Odey Funds Bleeding Assets Remain Open to Retail Investors
Funds run by Odey Asset Management and its affiliate have been facing an uncertain future after many partners
2023-06-21 21:58
Ukraine Recap: Zelenskiy’s Allies Seek Funds for Reconstruction
The US said it will provide an additional $1.3 billion toward the cost of reversing the devastation inflicted
2023-06-21 21:51
Euro holds ground on world stage despite Russia slashing use -ECB
FRANKFURT The euro held its ground as the world's second most-used currency for trade, finance and reserve-building last
2023-06-21 20:24
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
2023-06-21 18:18
EU Sees Hurdles to Seizing €200 Billion in Russian Assets
The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing
2023-06-21 17:48
UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:15
Watch live as Rishi Sunak opens Ukraine Recovery Conference in London
Watch live as Britain hosts the latest Ukraine Recovery Conference. The international event, which runs in London on 21 and 22 June, is focused on the recovery and reconstruction of the war-torn nation and will be attended by governments, international organisations and the private sector. Rishi Sunak and Ukrainian president Volodymyr Zelensky will open the session, before a speech from Denys Shmyhal, Ukraine’s prime minister. “As we’ve seen in Bakhmut and Mariupol, what Russia cannot take it will seek to destroy. They want to do the same to Ukraine’s economy,” Mr Sunak will say. “President Zelensky’s government is determined to drive reforms to become more open, more transparent and ready for investment. This is a vibrant, dynamic, creative, European country that refuses to be subdued.” Other speeches throughout the conference will focus on the scale of recovery, investment in Ukraine’s capital recovery and “building back better” in the energy sector. Read More Budget 2022: Hunt says UK in recession as he announces huge tax rises Jeremy Hunt increases energy windfall tax in budget Jeremy Hunt freezes tax allowances and hits 45p rate payers
2023-06-21 16:28
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:53
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:47