UK Consumer Confidence Posts Sharpest Drop Since Start of Covid
UK consumer confidence fell the most since the start of the coronavirus pandemic as cash-strapped households felt the impact of persistent inflation and higher interest rates.
UK consumer confidence fell the most since the start of the coronavirus pandemic as cash-strapped households felt the impact of persistent inflation and higher interest rates.
English councils are grappling with £4 billion ($4.9 billion) gap in their finances over the next two years, threatening to further fuel a wave of bankruptcies that’s crippling local authorities.
(Bloomberg) — The Federal Reserve should hold interest rates steady even though economic growth is coming in a bit faster than expected, Philadelphia Reserve Bank President Patrick Harker said.
Bank of Baroda, one of the largest state-run banks in India, has suspended dozens of executives and is clawing back their benefits as it probes irregularities related to the on boarding of customers to its mobile app, according to people familiar with the matter.
Bank of Baroda, one of the largest state-run banks in India, has suspended dozens of executives and is clawing back their benefits as it probes irregularities related to the on boarding of customers to its mobile app, according to people familiar with the matter.
Dozens of Canadian diplomats have left India after the country threatened to revoke their immunity in an “unreasonable and escalatory” violation of international law, Foreign Affairs Minister Melanie Joly said.
Australia’s tight job market is showing signs of losing steam as 11-year high borrowing costs weigh on labor demand, a trend that if sustained could drive up unemployment and forestall further policy tightening.
Asian stocks are poised to fall as volatility gripped Wall Street with traders looking for signs of a potential escalation of the Middle East conflict, while weighing Federal Reserve chairman Jerome Powell’s remarks for clues on the policy outlook.
After Mexican marines occupied its facility this year, Vulcan Materials Co. is seeking the Biden administration’s protection from what it sees as the threat of a hostile takeover of the property by President Andres Manuel Lopez Obrador.
Australian politicians are struggling to identify a clear next step for First Nations people following last week’s defeat of the Voice to Parliament referendum, leaving policy toward the nation’s most marginalized population in limbo.