By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England raised interest rates to 0.5% on Thursday and nearly half its policymakers wanted a bigger increase to contain rampant price pressures, which the British central bank...
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By Pratima Desai and Zandi Shabalala LONDON (Reuters) – Accelerating sales of electric vehicles have fuelled a scramble for nickel, cobalt and lithium, propelling prices of the battery materials to multi-year highs Phasing out...
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By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week as COVID-19 infections subsided, suggesting that an anticipated slowdown in job growth in...
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NEW YORK (Reuters) -Short sellers in Meta Platforms Inc were poised to increase their potential 2022 gains to more than $2 billion with the stock’s plunge on Thursday after the Facebook owner’s weak forecast. With the stock...
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FRANKFURT, Feb 3 (Reuters) – The European Central Bank kept policy unchanged as expected on Thursday, staying on track to provide copious stimulus this year even as inflation runs at a record high, exceeding both the bank’s 2%...
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By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank finally acknowledged mounting inflation risks and even opened the door a crack to an interest rate increase this year, marking a remarkable...
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