The Bank of England is expected to hold interest rates at 5.25% on Thursday, but markets will be closely watching voting patterns, projections and language.
Former UK finance minister joins Coinbase crypto exchange as an advisor
Coinbase said Wednesday that George Osborne, who served as Britain’s chancellor of the exchequer from 2010 to 2016, will join the company as a global advisor.
U.S.-China fentanyl talks get off to a ‚productive‘ start, security advisor says
The U.S. and China had a „productive“ first day of fentanyl talks, Jennifer Daskal, a deputy homeland security advisor, told NBC News‘ Janis Mackey Frayer.
A change to this one clause could be the most important part of the Fed meeting
The central bank is expected to give an important hint about interest rate moves to come by removing wording from previous statements.
New York sues Citibank for alleged failure to reimburse fraud victims
The attorney general’s office said the alleged failure cost victims millions of dollars.
Boeing narrows losses but holds off on 2024 guidance as 737 Max 9 crisis looms
Boeing did not provide a 2024 outlook, weeks after a fuselage panel blew out midflight on a nearly new 737 Max 9 on Jan. 5.
Novo Nordisk hits $500 billion in market value as it flags soaring demand for Wegovy, Ozempic
Novo Nordisk, Europe’s largest company by market capitalization, on Wednesday reported better-than-expected 2023 earnings.
H&M shares tumble 13% after weaker sales and surprise CEO exit
„It has been very demanding at times for me personally,“ outgoing CEO Helena Helmersson said.
Samsung Electronics‘ semiconductor business reports record annual loss
Samsung Electronics released its fourth-quarter earnings report on Wednesday.
Microsoft issues light guidance even as Azure growth drives earnings beat
Azure cloud growth delivered in Microsoft’s fiscal second quarter, and sales of Windows licenses picked up.