A variety of cough syrup suspected by Cameroonian authorities of killing a dozen children in the central African country in recent months bears markings indicating it was made in India.
The squeeze on UK finances is set to intensify after a key mortgage rate climbed to its highest point this year and the cost of government borrowing reached a level not seen since the financial crisis.
European Central Bank officials revealed a sharpening divide on the outlook for interest-rate hikes, with some favoring caution while Executive Board member Isabel Schnabel insisted this is no time for complacency.
Sweden’s beleaguered property sector suffered another blow when one of the largest office landlords in the capital was downgraded to junk status by Moody’s Investors Service.
Economists see Turkey’s central bank raising interest rates steeply at its meeting on Thursday, while offering starkly different expectations on the size of the move.
Secretary of State Antony Blinken says the US and China are in agreement about the need to “stabilize” relations between the nations. He made the comments following his meeting with Chinese President Xi Jinping in Beijing in which the pair discussed issues including the Russia-Ukraine war, North Korea and Taiwan.
Russian refineries have raised their crude-processing volumes to highest levels in nine weeks as the nation’s downstream maintenance season is nearing an end.
Group of Seven nations are seeking to dilute “dangerous dependencies” built up in areas like raw materials rather than trying to check China’s economic rise, according to German Chancellor Olaf Scholz.
Citigroup Inc.’s global markets strategist Matt King has left the bank after 20 years as part of the firm’s cost-cutting measures.
European Central Bank Executive Board member Isabel Schnabel said officials can’t afford to be complacent about inflation and shouldn’t worry about raising borrowing costs too far.
