UK companies are expecting inflation to be running at almost double the Bank of England’s target three years from now, a survey showed as traders ramped up bets on higher interest rates.
He was the ultimate crypto cleaner – a lawyer, fixer and more for Sam Bankman-Fried and his FTX business empire.
European banks which rely on deposits supplied by third-party platforms should face tougher liquidity requirements to stem the risk of future hot money outflows, according to a senior official.
Indian billionaire Gautam Adani’s renewable energy unit plans to raise 123 billion rupees ($1.5 billion) to fund his coal-dependent conglomerate’s green diversification following the fallout from a damaging short-seller broadside.
The European Union’s joint gas buyer’s club is attracting increasing demand as the region prepares for the new heating season, and should provide a blueprint for how the region will secure the raw materials needed for the green transition, according to Commission Vice President Maros Sefcovic.
Indiana Jones and the Dial of Destiny, the fifth film in the Walt Disney Co. series about a globe-trotting archaeologist, brought in $83.9 million in theater ticket sales over the five-day July 4 holiday in the US, another mediocre reception for a big-budget summer movie.
Europe’s diesel market is starting to spike, underscoring its vulnerability to supply disruptions since cutting off imports from top supplier Russia earlier this year.
Malaysia’s markets once marched to the tune of a government that stayed in power for six decades. A rapid turnover of leaders since has driven investors away, turning its assets into some of the most unloved in the world.
A Swedish court has found a Turkish national guilty of attempted extortion on behalf of the militant Kurdish group PKK, in a case that the leadership of the Nordic country could seek to use in efforts to persuade Turkey to ratify its application for NATO membership.
State Bank of India, the country’s largest lender, is re-jigging its senior leadership positions with at least four key executives getting new roles, according to people familiar with the matter.
