EU adopts global minimum 15% tax on big business – BBC News
The European Union has adopted a plan for a global minimum 15% tax on big business. Leaders gave their final approvals on Thursday after months...
Category : News En
Tech lay-offs are the latest blow to office landlords – The Economist
Not long ago, big tech was splurging on flashy office space to woo talent. Money sloshed around and a hiring boom was under way. Even...
Retail Sales, Manufacturing Declines Point to Slowing Economy – WSJ
U.S. retail spending and manufacturing weakened in November, signs of a slowing economy as the Federal Reserve continues its battle against high inflation. November retail...
ECB Is Doubling Down on Rate Hikes Just as a Recession Bites – Bloomberg
The European Central Bank’s warning that aggressive interest-rate hikes are far from over is raising the stakes for the euro region, just as a recession...
Global stocks knocked after central banks push interest rates higher – The Financial Times
Global stocks tumbled after a broad group of central banks raised interest rates and warned of further increases to come in the fight to tame...
Bank of England raises interest rates to 3.5% – The Financial Times
The Bank of England raised interest rates on Thursday by half a percentage point to 3.5 per cent, the highest level in 14 years, and...
What an unusual auction says about the art market – The Economist
Penny pinch, a Chicago street artist, likes to have fun with art-world finances. His work—from murals to paintings to tote bags made in collaboration with...
ECB to Slow Hike Pace as It Preps Market for QT: Decision Guide – Bloomberg
The European Central Bank is poised to slow the recent pace of interest-rate increases and outline plans to shrink its almost €5 trillion ($5.3 trillion)...
Bank of England set to raise interest rates again – BBC News
Interest rates are expected to be increased again by the Bank of England as the cost of living soars. The benchmark rate stands at 3%...
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely – WSJ
The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments,...