The UK’s controversial policy to deport asylum seekers to Rwanda stems from a “serious and pressing need” to stop asylum seekers getting into the country on small boats, government lawyers argued as scrutiny of the plans reached the nation’s top court on Monday.
BlackRock Inc. Vice Chairman Philipp Hildebrand said the International Monetary Fund should frame discussions this week around the new economic reality, where central banks are less able to support growth by cutting interest rates.
JPMorgan Chase & Co. is expected to have outperformed Citigroup Inc. and Wells Fargo & Co. in profitability when the three banks report quarterly earnings this week, though all lenders face challenges from a slow economy and high interest rates.
Trial proceedings have cast a pall over the already struggling industry
Israel is calling up 300,000 army reservists as it prepares for an escalation in the conflict with Hamas after the militant group’s deadly attacks.
Keir Starmer said his Labour Party is preparing for a UK general election as soon as May 2024, warning that Prime Minister Rishi Sunak’s Conservatives would fight dirty to try and stay in power.
Hungarian banks are introducing an interest cap on mortgages in response to government pressure that represents the latest intrusion on monetary policy.
Metro Bank Holdings Plc’s riskiest bonds gained the most on record on Monday after the bank announced a rescue deal that valued the notes above Friday’s heavily discounted trading levels.
Juventus Football Club SpA fell the most in more than four years in Milan after the team said Friday that it’s planning a €200 million ($211 million) capital increase.
Nomura Holdings Inc. has hired five traders to beef up its emerging markets trading desk with a focus on the Middle East, as Japan’s biggest brokerage seeks to revive profitability.
