The collapse of the FTX exchange has increased the immediacy of regulating the crypto sector, and the new chair of global securities watchdog IOSCO stated in an interview that designed to target such “conglomerate” platforms will be the priority for… Read More ›
Managers are delaying much-anticipated plans to list British chip designer Arm on the stock exchange because they are concerned that the global economic downturn and a slump in tech shares will frighten potential investors. The Cambridge-based company recently informed private… Read More ›
According to a source familiar with the situation, a coalition of developed countries, including the United States and the United Kingdom, has released a draft proposal on loss and damage funding. According to a draft that Reuters has access to,… Read More ›
FIFA, the governing body of soccer in the world, announced on Friday that Qatar is banning all beer sales at and around its World Cup stadiums in a dramatic U-turn just two days before the enormous soccer tournament gets underway…. Read More ›
The European Commission intends to propose a natural gas price cap after November 24, as part of its efforts to contain an energy crisis caused by Russia’s invasion of Ukraine, the EU’s energy policy chief told Reuters on Wednesday. The… Read More ›
Britain announced new plans on Thursday to help it become the world’s most competitive financial center, including easing capital rules for insurers, lowering a tax rate for banks, and promising to review all European Union financial rules. After leaving the… Read More ›
According to two of the top ECB policymakers, letting inflation remain high would be even more painful, so the ECB will keep raising borrowing costs even as the euro zone economy struggles. In order to return double-digit inflation in the… Read More ›
According to reports quoting people with knowledge of the matter, the U.S. audit watchdog’s onsite inspection of the audit work of Chinese companies with New York stock exchange listings, which began in Hong Kong in September, has concluded. This has… Read More ›
While increasing interest rates by the most in 33 years, the Bank of England issued a warning that the UK is experiencing its longest recession since records have been kept. It foresaw a “very challenging” two-year downturn for the UK… Read More ›
Based in part on predictions of a decline in global demand for Chinese goods, Barclays lowered its forecast for China’s economic growth to 3.8% for the coming year. Recessions are expected in the United States and Europe next year, according… Read More ›
