The boss of one of Britain’s biggest transport unions called for coordinated strikes involving tens of thousands of public sector workers including teachers, firefighters and nurses, just as junior doctors consider joining the wave of industrial unrest.
The world’s biggest investment banks endured their worst year for dealmaking and fundraising since 2016 after surging interest rates and economic gloom chilled the sector.
China’s yuan is set for its longest run of gains in a month after policymakers announced a raft of new measures to support the Covid-battered economy.
Oil prices may exceed $140 a barrel this year if Asian economies fully re-open after Covid-related lockdowns, according to hedge fund manager Pierre Andurand.
Euro-area inflation returned to single digits for the first time since August, fueling hopes that the bloc’s worst-ever spike in consumer prices has peaked.
Russia said its troops stopped fighting in Ukraine at noon Moscow time Friday under President Vladimir Putin’s order of a 36-hour cease-fire for the Orthodox Christmas holiday. Kyiv dismissed the offer as a ploy.
Cryptocurrency conglomerate Digital Currency Group closed its wealth-management division, the latest sign of trouble amid a deep and prolonged slump in the crypto industry.
France experienced its hottest and second-driest year on record in 2022, putting pressure on the government to step up its fight against climate change that’s straining everything from energy to agriculture.
Recession in the UK will spur only a “mild” decline in house prices, Liberum Capital Ltd said as it predicted a rally for beaten-down homebuilder stocks.
A stake for sale in state-backed electricity trader PTC India Ltd. is attracting initial interest from potential suitors including Asia’s richest man Gautam Adani, according to people familiar with the development.
