Financial Services
European Central Bank slows rate hikes but vows more ahead
The European Central Bank has slowed its record pace of interest rate increases
Norway central bank raises key rate to fight inflation
Norway’s central bank has raised its key interest rate by a quarter-percentage point, saying the move was “still needed to dampen inflation.”
Swiss National Bank hikes key interest rate in line with Fed
The Swiss National Bank has raised its key interest rate
Bank of England hikes interest rates again but softens pace
Britain’s central bank has raised its key interest rate increase again but toned down the pace as inflation shows signs of easing
AIG subsidiary files for Chapter 11 bankruptcy protection
A subsidiary of insurer American International Group Inc. has filed for Chapter 11 bankruptcy protection
Business Highlights: FTX founder charges, slowing inflation
Business Highlights: A summary of the day’s top stories in the business world
SEC charges former FTX CEO with defrauding crypto investors
The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors
Wall Street rises ahead of year's last barrage of rate hikes
Stocks closed higher on Wall Street at the start of a busy week where central banks are likely to unload the year’s final barrage of interest rate hikes
World markets extend Wall St losses; China COVID cases rise
Shares have fallen in Europe and Asia after last week's decline on Wall Street
Experts raise concerns as Nigeria limits cash withdrawals
Experts raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy