Recent Posts
H&M profits tumble after Russia exit and soaring costs
H&M blamed high clothes prices, its exit from Russia and a cost-cutting programme for an unexpectedly large collapse in its earnings as the world’s...
Gold Treads Water as Traders Cautiously Await US Inflation Data
Gold edged lower as traders cautiously await highly anticipated US inflation data in an effort to assess the Federal Reserve’s next move on interest...
Credit Suisse to buy back $3 billion in debt, sell hotel as credit fears...
Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has...
Civilians flock to defend Ukraine as Russia tensions mount
Olga Salo arrived for her first tactical military training exercise in a frosty pine forest outside Ukraine’s capital Kyiv wearing a pink ski jacket...
Bank of England lifts interest rates by 0.5 percentage points
The Bank of England raised interest rates by 0.5 percentage points to 2.25 per cent on Thursday, setting out the prospect of a further...