Live news updates from February 2: BoE and ECB raise rates, growing pains hit Big Tech earnings
© AFP via Getty Images Following the European Central Bank decision on interest rates at 1:15pm London time, Christine Lagarde will meet […]
Live news updates from December 15: BoE and ECB raise rates 0.5%, Musk sells $3.6bn of Tesla stock
The Census Bureau said sales, which include spending on food and fuel, fell 0.6% from the previous month to $689.4bn © AP […]
Airlines feel squeeze as plane leasing groups raise rents
Airlines are flying back into profitability after racking up big losses during the pandemic. There is a cloud on the horizon, however: […]
Wrong Covid test results in China raise concerns ‘the pandemic may never end’
Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus […]
Credit Suisse shareholders greenlight $4.2 billion capital raise
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters […]
FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round
Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE – Children With Special Needs at Casa Cipriani on June […]
Fed expected to raise key rate to 4% by year-end
Federal Reserve officials will signal a more hawkish stance next week, with interest rates reaching 4% by December and staying high through […]
UBS plans to raise dividend and increase share buyback
UBS has proposed raising its dividend and buying back more shares just days after scrapping a $1.4bn acquisition of US financial technology […]
Fed Chair Powell vows to raise rates to fight inflation ‘until the job is done’
Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too […]
AMC’s new ‘APE’ units are a meme-friendly way for the theater chain to raise cash fast
AMC Entertainment has embarked on a meme-friendly experiment to give a token reward to its retail investor base while also creating a […]