(Bloomberg) — The European Central Bank doesn’t see any conflict between its inflation-targeting mission and its responsibility to stave off financial-system threats, President Christine Lagarde said.
Gold slipped after earlier rising above $2,000 an ounce for the first time in a year as a deal to buy Credit Suisse Group AG failed to fully ease fears over the global banking sector.
A money manager who caters to wealthy investors has gone out of his way to shield them from the long-standing risks he says have made the banking sector incompatible with the concept of sustainable investing.
Northern Ireland’s Democratic Unionist Party said its lawmakers will unanimously vote against Rishi Sunak’s post-Brexit deal for the region, in a significant blow to the UK prime minister.
The US announced $350 million in ammunition, river boats and other equipment for Ukraine’s military as part of a broader effort by the country’s allies to keep it from running out of artillery shells and missiles in the face of Russia’s invasion.
Economist Joseph Stiglitz called Brazil’s interest rate levels “astounding,” aligning himself with a chorus of critics led by President Luiz Inacio Lula da Silva who believe the country’s borrowing costs are hindering economic growth.
Foot Locker Inc.’s new chief executive officer has unveiled a turnaround plan for the shoe retailer that hopes to break $9.5 billion in annual sales by 2026.
Group of Seven nations are unlikely to revise a price cap on Russian oil this week, despite initial evidence that crude is selling well below the current $60 threshold.
A private equity dealmaker in New York may go down as one of the last bankers UBS Group AG ever poaches from its cross-town rival.
As the demise of Credit Suisse Group AG reverberated from Sydney to New York City on Monday, workers were given a clear message: get back to work.
