Germany approves global minimum corporate tax
BERLIN (Reuters) – The German parliament on Friday approved the implementation of a global minimum corporate tax, as part of an international deal to
ECB’s Lagarde signals readiness to hike rates further if needed
European Central Bank (ECB) President Christine Lagarde has signaled a potential increase in borrowing costs should inflationary pressures persist, despite a recent slowdown in
Bank of England simulates financial stress to gauge systemic risks
In an effort to assess the resilience of the financial system, the Bank of England, under the direction of Andrew Bailey, initiated a ten-day
Fed Chair Powell signals prolonged monetary policy to tackle inflation
Federal Reserve Chair Jerome Powell, speaking at an International Monetary Fund (IMF) event yesterday, underscored the need for a sustained monetary policy approach to
Russian inflation rises at fast pace again in October
(Reuters) – Inflation in Russia quickened in October, data from the state statistics service Rosstat showed on Friday, justifying the central bank’s decision to
Barclays launches £175 switching bonus for new current account users
In a recent bid to attract new customers, Barclays has announced a £175 bonus for individuals who switch to their bank using the Current
Colombia’s economy expected to have grown 0.5% in third quarter: Reuters poll
BOGOTA (Reuters) – Colombia’s economy expanded 0.5% on a year-on-year basis in the third quarter, according to a Reuters poll on Friday, a slightly
Hamilton Insurance shares rise 1.7% in NYSE debut
By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Hamilton Insurance Group notched a valuation of $1.68 billion as shares rose 1.7% in a tepid
Pamela Chase Dyson to step down as New York Fed CIO
The Federal Reserve Bank of New York today announced that Pamela Chase Dyson will step down from her position as the Chief Information Officer
Malawi Kwacha devaluation impacts national budget and economic outlook
In a significant move that is set to reshape Malawi’s economic landscape, the country’s currency, the Kwacha, has undergone a substantial devaluation of 44%.
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