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Tuesday, June 25, 2019
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Bank of England Deputy Governor Minouche Shafik said the chances of a further interest rate cut by the British central bank this year would hinge on the strength of incoming economic data. Shafik said in a speech on Wednesday that...
British consumer morale recovered slightly in September, but fears over job security when Brexit talks begin next year could yet dampen confidence, a survey published on Wednesday found. Consumer confidence nosedived after Britain's vote to leave the European Union...
By Huw Jones | LONDON LONDON The SIX Swiss Exchange said on Wednesday it was confident it can continue serving investors in the European Union without having to set up a new exchange after Britain exits the EU. Switzerland is...
By Rania El Gamal, Alex Lawler and Vladimir Soldatkin | ALGIERS ALGIERS Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as the group and non-member Russia...
By Marilyn Haigh | BRUSSELS BRUSSELS Europe's bid to champion the "sharing economy" is being undermined in the short-term rental sector by capitals imposing petty rules such as dictating the number of coat hangers home-owners must provide, a complaint...
By Paola Arosio and Gianluca Semeraro | MILAN MILAN Italian bank UniCredit (CRDI.MI) is looking to raise as much as 16 billion euros ($18 billion) via a share issue and asset sales that are likely to include online broker FinecoBank...
By Huw Jones | LONDON LONDON London's role as the world's top financial center could be under threat as the implications of Britain leaving the European Union start to sink in, a survey showed on Monday. The Z/Yen 20th global financial...
Britain's commercial property market remains robust in the wake of a vote to leave the European Union, although a weaker economic outlook may see some prices dip over the next two years, ratings agency Moody's said. The June 23 vote...
GUIYANG, (Xinhua) -- The world's largest radio telescope was put into use on Sunday in a mountainous region of southwest China's Guizhou Province. Shortly after noon, in a karst valley in Pingtang County, hundreds of astronomers and astronomy enthusiasts witnessed...
Moody’s has downgraded Turkey’s sovereign bond rating to junk. The ratings agency said the country’s finances had weakened amid increased political turmoil after the July coup attempt that stopped necessary reforms. Moody’s cut Turkey’s key bond rating by one notch...

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