Bank of England Chief Economist Huw Pill said sticky UK inflation may require a “persistent” monetary response, raising the possibility that the central bank has not yet reached a peak in its interest rate-hiking cycle.
Mitsubishi UFJ Financial Group Inc. has mandated banks to sell dollar-denominated Additional Tier 1 bonds, in what looks set to be the first such offering in the US currency by any Japanese lender.
Troubled Indian education startup Byju’s said it will report financial results for the year through March 2022 this week, after more than a year’s delay.
Crypto exchanges seeking to bolster sagging revenues are stepping up lending, potentially seeding the market with fresh risks less than a year after the last major crisis.
KKR & Co. submitted an offer for Telecom Italia SpA’s landline grid, even as the long-awaited binding bid excluded the heavily indebted company’s subsea cable unit and raised questions about possible delays. The shares fell in Milan.
The Palestinian envoy to China called for Beijing to play a role in ending the Israel-Hamas war amid concerns of a wider conflict and rising humanitarian toll.
A top Canadian navy official said there’s no sign the diplomatic standoff between India and Canada over the killing of a Sikh separatist leader has impacted military-to-military cooperation between the two nations.
(Bloomberg) — China’s central bank stepped up efforts to support the nation’s economic recovery and debt sales by delivering the largest cash injection since 2020 with one-year policy loans.
Junior investment bankers in London received significantly smaller bonuses in 2023 as a prolonged slump in mergers and acquisitions and economic uncertainty dulled pay rewards across the board.
The school in Arras, France, where a teacher was fatally stabbed by a Muslim perpetrator on Friday was evacuated after a bomb alert, Agence France-Presse reported.
