Financial News

By Elizabeth Culliford – Facebook did not add labels to half of posts pushing content from top climate change deniers, according to an analysis from the Center for Countering Digital …

MADRID – European Central Bank Vice-President Luis de Guindos said on Wednesday that the institution will first need to end asset purchases before interest rates can rise. “We will look …

By Twinnie Siu and Donny Kwok HONG KONG -Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of the most stringent …

LONDON – Britain is ready to guarantee up to $500 million (367.62 million pounds) in loans to support Ukraine and help mitigate the economic effects of Russian aggression, the foreign …

LONDON – Britain is ready to guarantee up to $500 million (367.62 million pounds) in loans to support Ukraine and help mitigate the economic effects of Russian aggression, the foreign …

FRANKFURT – The European Central Bank should keep a steady hand rather than tighten its policy in the face of external shocks like scarce supply and the green transition, ECB …

By Andrey Ostroukh MOSCOW – Russia will offer only new series of OFZ government bonds and stop offering existing series of debt, the finance ministry said on Wednesday, after the …

By Andy Bruce LONDON – The International Monetary Fund told the Bank of England on Wednesday to be clear about its plans to withdraw stimulus for Britain’s economy, following criticism …

FRANKFURT – The European Central Bank should start to gradually normalize monetary policy given building inflationary pressures, Slovenian central bank chief Bostjan Vasle said in a magazine article. “The time …

FRANKFURT – Uniper, one of the five co-financiers of Gazprom’s Nord Stream 2, is currently not examining any legal steps in the wake of Germany’s decision to indefinitely suspend the …

By Nick Carey LONDON -Aston Martin narrowed its annual loss in 2021 as sales surged and the company said on Wednesday it expected further improvements this year as it launches …

By Foo Yun Chee LUXEMBOURG -The world’s No. 1 logistics company, United Parcel Service Inc, on Wednesday lost its court fight for a record 1.74-billion euro ($2 billion) compensation claim …

By Yadarisa Shabong -Metro Bank said on Wednesday its annual loss narrowed and it has put aside 5.3 million pounds ($7.2 million) to resolve an investigation by Britain’s financial regulator …

By Emma Thomasson BERLIN -Puma said on Wednesday it expected sales to grow at least 10% in 2022 but the German sportswear maker cautioned that a consumer boycott in China …

By Sachin Ravikumar -Fashion retailer Ted Baker is “cautiously optimistic” about the outlook for the current year after a 35% year-on-year jump in sales in the fourth quarter, a period …

LONDON – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers on Wednesday about their decision earlier this month to raise …

WASHINGTON – The Biden administration is looking for projects to revamp U.S. ports as it ramps up spending from the $1 trillion infrastructure bill. President Joe Biden, facing political pressure …

LONDON – Britain is in the midst of its most challenging period for monetary policy since it started to target inflation 30 years ago, Bank of England Deputy Governor Ben …

– Poland’s registered unemployment rate rose to 5.5% in January compared with 5.4% in December, statistics office data showed on Wednesday, below analysts’ expectations of 5.6%. The statistics office also …

LONDON – JPMorgan’s emerging market strategists said on Wednesday that new U.S. sanctions on Russian sovereign debt announced this week were likely to have limited implications for the international investors …

SHANGHAI – Tesla Inc plans to expand parts production at its Shanghai factory to meet growing demand for exports, according to a document it filed with the city government. The …

PARIS -Hollywood actor Leonardo DiCaprio has bought an equity stake in French champagne house Telmont, its majority owner Remy Cointreau said on Wednesday, as luxury brands strike partnership deals with …

LONDON – British Prime Minister Boris Johnson’s office and the Treasury have called in finance bosses and regulators to discuss how to ensure recently-announced sanctions on Russia are effective, the …

By David Stanway SHANGHAI -The cost of raising a child in China stands at nearly seven times its per capita GDP, far more than in the United States and Japan, …