Bloomberg Business

Traders are once again entertaining the prospect of an outsized interest-rate hike in the UK, setting the nation’s battered bond market up for further losses.

Russia imposed an emergency interest rate hike and said another was possible as it tried to stem a plunge in the ruble, but the move didn’t prevent the currency from sliding in a drop that has cast a pall over the economy.

Russia’s central bank raised interest rates sharply and said another increase is possible, but fell short of reversing declines in the ruble amid one of the steepest depreciations in emerging markets.

The impact of the SEC crackdown on crypto appears to be fading for the 19 tokens designated as unregistered securities by the agency when it sued Binance and Coinbase Global Inc. in June.

Recruitment companies are abandoning annual earnings forecasts, squeezed by a softening labor market in which employers are paying for fewer job listings.

It would have been a pretty standard corporate dispute for Wall Street to bet on, if it weren’t for the meme stock crowd.

Sicily’s largest airport in Catania reopened at 6 a.m. local time after an eruption of Mount Etna forced it to close on Monday.

GoTo Group cut its 2023 loss projection after staunching some of the bleeding in the second quarter, taking the Indonesian internet leader closer to its goal of getting into the black after an era of costly expansion.