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Tuesday, May 24, 2022
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FINANCE

Journalists acquitted in Turkey over reports on currency crisis

A Turkish court on Friday acquitted two reporters for the US-based Bloomberg news agency who were accused of trying to undermine Turkey’s economic stability...

Inflation in 19 nations using euro sets record of 5.8%

Inflation in Europe hit a record high for the fourth month in a row, raising questions about when the central bank should step in...

IMF calls on El Salvador to drop Bitcoin as legal tender

The International Monetary Fund wants El Salvador to drop the highly volatile cryptocurrency Bitcoin as legal tender and strictly regulate the electronic wallet the...

Norwegian Air ‘has been saved’, says chief executive

Low-cost carrier Norwegian Air Shuttle has been saved, its chief executive said, adding it had “written history” after the ailing airline struggled with the...

5 Editor’s Stock Picks for 2021

The markets are having a wild start to 2021, and with through all the madness I sifted and compiled 4 stocks and a bonus...

Barclays fined £26m over treatment of credit customers during pandemic

Britain’s very own Barclays Bank is being fined £26m over the treatment of some credit customers who fell in arrears or experienced financial difficulties. The...

Credit Suisse indicted over alleged ties to Bulgarian mafia

Swiss prosecutors have filed an indictment against bank Credit Suisse for allegedly failing to do enough to stop money laundering linked to drug trafficking...

Bank of England to hold rates as UK economy rebounds

The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the...

Pound hits six-week lows on worsening Brexit talks outlook

The battered pound has sunk to its lowest level against the US dollar since July amid mounting concerns over Boris Johnson’s controversial plans to...

US Federal Reserve vows to keep providing aid and does not expect rates hike

The US Federal Reserve has made clear that it will keep providing support by buying bonds to maintain low borrowing rates and forecasting no...

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