BP cuts executive team size, picks new head of gas and low carbon energy
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British…
Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says
Tensions in the Middle East pose the biggest threat to a prospective interest rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann. “At this stage, I…
ECB June rate cut looks increasingly likely but still caveats: Joachim Nagel
Joachim Nagel, president of Deutsche Bundesbank, during A Bloomberg Television interview following the central bank’s “Annual Report 2023” news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024. “ Alex…
UK inflation, March 2024
Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday. That was slightly higher than the forecast from economists polled by Reuters of…
Lagarde says ECB will cut rates soon, barring any major surprises
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, April 11, 2024. Bloomberg | Bloomberg | Getty Images European…
Bank of England scraps fan charts in forecast overhaul
The exterior of the Bank of England in the City of London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The Bank of England on Friday…
ECB holds interest rates, gives strong signal that cuts are on the way
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2024. Bloomberg | Bloomberg | Getty Images The…
US inflation data, stocks, earnings
Stocks on the move: Tesco gains 5%, Ocado dips 2.5% Shares of Tesco rose 5% in afternoon deals as investors digested strong full-year earnings from the U.K. supermarket chain. Meantime,…
Russia-Ukraine war updates from April 8, 2024
Citizens of flooded Russian city of Orsk reportedly stage protest Citizens of Russian city Orsk, which has experienced severe flooding in recent days, protested on Monday against what they view…
Russia-Ukraine war updates from April 5, 2024
UK’s Cameron to press lawmakers in U.S. to back Ukraine military aid British Foreign Secretary David Cameron will travel to the United States next week where he will urge politicians…