Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016 Banks including some of Europe’s largest lenders have helped fossil fuel …
Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic …
Asian stock markets are mostly higher after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it isn’t sure what …
Rolling coverage of the latest economic and financial news Silicon Valley Bank: parent company, CEO and CFO sued amid market turmoilSilicon Valley Bank: global banking …
Failure of bank last weak sparked fears of financial crisis, as US government announces plans to stabilize situation Sign up to receive First Thing – …
Asian stock markets have fallen for another day as investors wrestle with fears the U.S. Federal Reserve and European central banks might be willing to …
Rolling coverage of the latest economic and financial news Bank of England poised to raise borrowing costs to combat inflation Good morning, and welcome to …
UK PM and chancellor argue that financial markets have settled because they expect deep cuts to spending The prime minister and the chancellor have attempted …
Washington-based agency says UK policy reversal would calm jittery markets and ‘change trajectory’ of interest rates The International Monetary Fund has added to pressure on …
BoE warns that gilt market chaos poses a ‘material risk to UK financial stability’, as it starts buying inflation-linked bonds Pat McFadden MP, Labour’s Shadow …
Chancellor admits his proposals are not ‘universally popular’ but says he ‘had to do something different’ Like the chancellor, the prime minister has used a …
Exclusive: in unusual move, PM and Kwasi Kwarteng will meet fiscal watchdog after mini-budget sparked investor panic Kwasi Kwarteng’s mini-budget: key points at a glanceAll …
Prime minister and Chris Philp fail to restore investor confidence in series of interviews, as government bond yields rise and stock markets tumble Shafik also …
Bank of England takes urgent steps to buy long-dated UK government bonds Business live updates: pound tumbles despite Bank move The Bank of England has …
New chancellor on charm offensive in Square Mile says Bank of England independence ‘is sacrosant’ The government has moved to quash City speculation that Liz …
The new prime minister’s aversion to state intervention flies in the face of her supposed pragmatism: there’s trouble ahead Liz Truss enters Downing Street unencumbered …
European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform The wholesale price of gas has dropped sharply in …
European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform The wholesale price of gas has dropped sharply in …
Follow all the latest politics news and developments in the Conservative leadership contest The government has blocked any “non-essential” new payments from the overseas aid …
Rolling coverage of the latest economic and financial news Yellen says US recession not ‘inevitable’ but expects ‘economy to slow’Bitcoin value slumps below $20,000 in …
Investors wary as other central banks follow US Federal Reserve in raising borrowing costs The global rout in stock markets, cryptocurrencies and other risky assets …
Federal Reserve expected to increase cost of borrowing by 0.75 percentage points to curb rising inflation The world’s financial markets are bracing themselves for the …
US investors fret about possible recession as S&P 500 plummets into bear territory and global markets feel aftershocks Fears about a possible recession have pounded …
Rolling coverage of the latest economic and financial news US stock markets fall sharply as investors worry about recessionCost of living crisis: five tips for …
Rolling coverage of the latest economic and financial news Oil prices soar 10% and stocks plunge as US and Europe consider ban on Russian crudeRussia’s …
Moscow stock exchange remained closed during the week, while the rouble fell to record lows The London stock market has suffered its biggest weekly losses …
Russian currency plummets as sanctions hit; Belarus referendum result could lead to Russian nuclear arms on its soil; Putin raises nuclear deterrence readiness. Follow all …
Investors rattled by risk of fully fledged invasion, pushing shares lower around the world Ukraine crisis – live updates Oil prices surged close to $100 …
Rolling coverage of the latest economic and financial news Introduction: Hawkish Jerome Powell rattles marketsUS Federal Reserve indicates increase in interest rates as inflation risesLast …
Wild volatility in the stock market this week has put heightened scrutiny on the Federal Reserve’s meeting Wednesday and whether the Fed will clarify just …
Rolling coverage of the latest economic and financial news Guardian business Christmas quiz 2021 The US S&P 500 hit record high last night Hospital admission …
Wall Street delivered another strong year in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate …
Asian stock markets have followed Wall Street higher after President Joe Biden reassured investors by calling for more vaccinations but no business or travel curbs …