European Central Bank announces quarter-point rise in interest rates

The decision comes a day after the US Federal Reserve also approved a quarter-point increase.

Scottish college lecturers start boycott as part of industrial actio...

EIS-Fela members will not enter students’ marks into college systems as part a dispute over pay.

European Central Bank set to raise interest rates after inflation ed...

The inflation rate in the eurozone rose to 7% in April.

Why did First Republic fail and will other banks follow?

First Republic Bank grew rapidly through deposits from wealthy individuals and companies.

DeSantis board approves suing Disney as row deepens

The creation of the self-governing district was instrumental in Disney’s decision to build near Orlando in the 1960s.

Regulators seize troubled First Republic Bank

JPMorgan Chase is taking over all deposits and most assets, the Federal Deposit Insurance Corp said on Monday.

US regulators seize troubled First Republic Bank

JPMorgan Chase is taking over all deposits and most assets, the Federal Deposit Insurance Corp said on Monday.

Should you buy Amazon stock after its Q1 earnings report?

Amazon.com Inc (NASDAQ: AMZN) is down nearly 4.0% on Friday after warning of continued deceleration in cloud revenue. Analyst shares his view on Amazo...

Europe’s economy barely grows as inflation pinches consumers

The 20 countries that use the euro currency picked up speed in the first quarter after zero growth in the last three months of 2022.

House Republicans pass US debt Bill in effort to push Joe Biden on s...

Mr Biden has threatened to veto the Republican package.

Amazon axes Halo fitness devices in cost-cutting move

Halo is the latest unit to get axed as by Amazon as it works to reduce costs amid worries about the wider economic environment.

McDonald’s first quarter sales boosted by higher prices

Boss Chris Kempczinski said the company is starting to see resistance to price increases in many markets, however.

First Republic tumbles at opening bell in US after depositors flee

It has sparked fears it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank.

20% of people ‘less confident than six months ago about paying rent...

HSBC UK and housing charity Shelter have announced a new partnership to support the financial health of people and communities.

Credit Suisse investors sue after facing billions in losses

The investors are contesting an order by the Swiss Financial Market Supervisory Authority that wiped out billions in higher-risk bonds.

Nokia warns over economic situation as it reports lower profits than...

The wireless and fixed-network equipment maker reported net profit of 342 million euros (£300 million) for the January-March period.

Price cuts cause Tesla first-quarter income and profit margins to fa...

Revenue rose 24% to 23.33 billion dollars (£18.75 billion), but the company’s operating profit margin fell.

Credit Suisse accused of hindering probe into Nazi-linked accounts

US senators said some accounts linked to Nazi Germany were open until just a few years ago.

Not-for-profit lettings agency will help ease ‘chronic lack’ of affo...

Lloyds Banking Group said fundraising will support Crisis to develop and launch a new not-for-profit lettings agency.

Wood Group to ‘engage’ with private equity suitor over £1.7bn propos...

Apollo Management made a fifth takeover approach for Wood Group earlier this month worth 240p a share in cash.