Bank of England holds rates, stresses June cut depends on coming data
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.
Watch Governor Andrew Bailey speak after the Bank of England’s rate decision
Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank’s latest monetary policy decision.
A rare hostile takeover bid in Europe’s banking sector has shocked markets
Spanish bank BBVA caught markets by surprise after it announced a rare hostile takeover bid for domestic rival Banco Sabadell.
Boeing cargo plane lands without front nose gear in Istanbul; investigation launched
Boeing is in the middle of a safety and public relations crisis after a door plug blew out from one of its 737 Max 9 planes in midair in early January.
Spain’s BBVA announces $13 billion hostile takeover bid for Sabadell
Spanish bank BBVA on Thursday presented a 12.23 billion euro ($13.11 billion) takeover bid for rival Sabadell directly to shareholders.
Ukraine war updates: Putin says Russia ‘will not allow anyone to threaten us’ as Moscow revels in military might
Russia is holding its annual “Victory Day” military parade on Thursday, watched on by Commander-in-Chief and President Vladimir Putin.
Bank of England set to hold rates as Europe’s central banks diverge from Fed
Investors are set to focus on the MPC vote split, inflation outlook and Governor Andrew Bailey’s comments on Thursday.
Amid pomp and propaganda, Russia holds Victory Day military parade as war rumbles on
Russia kicked off its 79th “Victory Day” military parade on Thursday as the war with Ukraine rumbles on into a third year.
Alibaba rolls out latest version of its large language model to meet robust AI demand
Alibaba Cloud on Thursday said its large language model has seen more than 90,000 deployments in companies across industries.
Generative AI’s disinformation threat is ‘overblown,’ top cyber expert says
Martin Lee, technical lead for Cisco’s Talos security intelligence group, suggested the threat from AI-generated misinformation to democracy may be “overblown.”
