Bank of England leaves interest rates at 15-year high, says it’s ‘much too early’ to think about cuts
Since the Bank of England’s last economic projections, inflation has weakened, economic activity has softened and the labor market has shown signs of loosening.
A new Beatles song is set for release after 45 years — with help from AI
“Now And Then” will be released on streaming platforms and make its radio debut Thursday.
Fintech giant Revolut appoints new UK boss amid struggles to get banking license
Revolut has been struggling to get a banking license in the U.K., which the company first applied for in 2021.
BT rises after quarterly earnings beat forecasts
BT Group, Britain’s biggest broadband and mobile provider, posted a second quarter earnings beat and forecast annual cash flow at the top end of a range.
ING announces new buyback programme, Q3 net profit beats estimates
ING Groep announced Thursday its second share buyback programme of the year, of up to 2.5 billion euros ($2.65 billion), after big third-quarter net profits.
Why one Tesla manager thinks used cars are ‘absolutely pivotal’ for EVs
The remarks were delivered during the EV Summit 2023 in Oxford, England.
Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback
The oil giant announced a $3.5 billion share buyback to be carried out over the next three months.
Japan unveils $113 billion package to cushion inflation
The Japanese government will spend over 17 trillion yen, or $113 billion, on a package of measures to cushion the economic blow from inflation.
Indian travelers are set to be the fourth largest global spenders by 2030
Indians could be the fourth-largest global travel spenders by 2030, according to a recent report by Booking.com and McKinsey.
Chinese EV startups Xpeng, Li Auto deliver a record number of cars in October
Chinese electric car companies Xpeng and Li Auto each delivered a record number of cars in October, according to company releases.
