Bank of England raises rates and Bailey promises to ‘stay the course’
By David Milliken and Andy Bruce LONDON (Reuters) -The Bank of England raised its key interest rate by a quarter…
Economy
US weekly jobless claims hit 1-1/2-year high; inflation subsiding
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits jumped to a 1-1/2-year…
Pakistan needs significantly more financing for successful bailout review -IMF
By Rodrigo Campos, David Lawder and Libby George (Reuters) -Pakistan needs significant additional financing for a successful completion of the…
European shares run out of steam by close as Bayer, energy stocks weigh
By Ankika Biswas and Sruthi Shankar (Reuters) -Europe’s benchmark STOXX 600 was unchanged on Thursday as a drag by Germany’s…
Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
By Melanie Burton MELBOURNE (Reuters) – Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in…
Analysis-North Africa backslides toward swirling debt troubles
By Marc Jones LONDON (Reuters) -Tunisia and Egypt are edging closer to major debt crises that could suck in a…
Analysis-China undeterred in campaign to pressure critics abroad despite Western backlash
By Matt Spetalnick, David Brunnstrom and Michael Martina WASHINGTON (Reuters) -China is facing a growing backlash from the United States…
Russia fines Google over ‘LGBT propaganda’ and ‘false information’ – agencies
MOSCOW (Reuters) – A Russian court fined Alphabet’s Google <GOOGL.O> 3 million roubles ($38,600) on Thursday for failing to delete…
Nissan expects 38% full-year profit rise on stronger sales outlook
By Daniel Leussink TOKYO (Reuters) -Nissan Motor Co on Thursday flagged a better-than-expected 38% rise in profit this year on…
Climate change not ‘serious risk’ to financial stability, Fed’s Waller says
By Howard Schneider WASHINGTON (Reuters) -Climate change does not pose such “significantly unique or material” financial stability risks that the…