UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
2023-06-21 15:51
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
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
2023-06-21 15:29
Vodafone hires Morgan Stanley to weigh options for its Spanish unit - Expansion
MADRID Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish
2023-06-21 14:59
Shein Deal to Re-Enter India Comes With Strict Licensing Rules
Chinese-founded online fast-fashion giant Shein won approvals to re-enter India only after agreeing to a stringent licensing deal
2023-06-21 14:54
Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate
2023-06-21 14:53
UK Inflation Overshoots Again, Heaping Pressure on BOE
UK inflation remained higher than expected for a fourth month, ratcheting up pressure on the Bank of England
2023-06-21 14:50
Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row,
2023-06-21 14:27
Apple’s Taiwan Suppliers See Sales Falter Again on Slow Demand
Revenue among Taiwan’s major Apple Inc. suppliers fell for a fourth straight month in May, as high living
2023-06-21 14:16
Plunging Solar Stocks Fly in Face of Booming Panel Demand
In many ways the solar power industry has never been better, as the race to slow the pace
2023-06-21 13:58
Canal+ to Buy Minority Stake in PCCW’s Viu Unit for $300 Million
Canal+, the French broadcaster owned by billionaire Vincent Bollore’s Vivendi SE, has agreed to buy a significant minority
2023-06-21 13:58
China Extends Tax Breaks for New Energy Vehicles Until 2027
China extended tax breaks for consumers buying clean cars through 2027, estimated to be worth 520 billion yuan
2023-06-21 13:55