Finance
China’s State Banks Now Procuring Dollars In Swaps Market To Stabilize Yuan
China’s state banks increased their intervention to defend a falling yuan on Monday, with banking sources...
Read more
Banks Backing Musk’s Twitter Deal Face Massive Losses
Elon Musk’s change of mind on buying Twitter Inc (TWTR.N) could not have come at a...
Read more
Apple Plunges On Fears Of Shrinking iPhone 14 Demand
Apple Inc (AAPL.O) shares plunged more than 4% on Wednesday after a report that the tech...
Read more
Bank Of England Insists Blockchain Adoption Across All Markets Is Challenging
The Deputy Governor of the Bank of England, Jon Cunliffe, said on September 28, 2022, that...
Read more
JD Sports To Pay £5.5M To Ex-Boss Peter Cowgill As Sendoff Package
Deal hinders Cowgill, who will also get a year’s salary and potential bonus, from establishing rival...
Read more
ECB Wants Banks To Revise Capital Projections Given The Slowdown – Enria
The euro zone banking sector is thriving ahead of a probable recession but the European Central...
Read more
EU To Raise $140B To Shield Consumers From Energy Predicament
Summary Russia has gradually cut gas supplies to Europe European governments dish out billions to help...
Read more
U.S. Mortgage Interest Rates Exceed 6% For The First Time Since 2008
The average interest rate on the most attractive U.S. home loan jumped above 6% for the...
Read more
Sri Lanka Gets IMF’s Provisional Approval For $2.9B Loan
Sri Lanka has struck a preliminary agreement with the International Monetary Fund (IMF) for a loan...
Read more
Grey Acquires $2M To Smoothen Cross-Border Payments Around Africa
Grey, a fintech launched by two Nigerians to simplify the process of sending and receiving foreign...
Read more