Tag: Financial services

Bank of England keeps interest rate at 5.25% for 6th time, seeks more proof inflation under control

LONDON -- The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad...

Stock market today: Global shares mixed after Wall Street's lull stretches to a 2nd day

HONG KONG -- Asian shares were mixed on Thursday after Wall Street’s lull stretched into a second day, with Chinese benchmarks rising after...

Bank of England expected to wait for more evidence that inflation is under control before rate cut

LONDON -- The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn't...

EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets

BRUSSELS -- European Union nations reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming...

With inflation soaring, Argentina will start printing 10,000 peso notes

BUENOS AIRES, Argentina -- Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its...

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales

Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger hitting U.S....