Bank of England

Oil stays near multi-month lows on demand worries

Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a…

3 years ago

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Bank of England tells lenders to brace for economic storm

The Bank of England warned on Tuesday that the economic outlook for Britain and the world had darkened and told…

3 years ago

World stocks skid as consumer data flashes recession worry

Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that…

3 years ago

UK financial regulators to directly oversee cloud services

Britain's financial watchdog will have powers to make onsite visits to oversee cloud computing firms like Amazon (AMZN.O), Google (GOOGL.O) and Microsoft (MSFT.O) that provide…

3 years ago

UK unemployment hits 48-year low, pushing up pay

Britain's jobless rate hit a 48-year low in the first three months of 2022 and employers paid bigger bonuses to…

4 years ago

Analysis: Markets must face up to tightening financial conditions

Already sitting on double-digit losses this year, stock market investors must brace for more, as the realisation sinks in that…

4 years ago

Dollar rides to two-decade highs as rates rise; euro struggles

The dollar climbed to its highest levels in two decades on Monday as a combination of rising U.S. Treasury yields…

4 years ago

Shares march higher after Fed and BoE hikes; dollar regains traction

Global equity markets were still on the front foot on Thursday on relief that the biggest hike in U.S. interest…

4 years ago

Stocks up, U.S. yields at 3% as markets ready for Fed hike

World stocks rose on Tuesday and U.S. 10-year Treasury yields held above 3% as investors prepared for the Federal Reserve's…

4 years ago