Nigeria’s central bank surprised the market on Tuesday by raising its benchmark lending rate by 50 basis points to 27.25%. This is the fifth rate hike of the year and reflects the bank’s ongoing battle against inflationary pressures, despite signs of easing inflation in recent months. The decision, made by…
The altcoin market exhibited mixed signals as Bitcoin struggled to reclaim the $64,000 mark, trading at $63,782 at the…
Inflation in Australia slowed significantly in August, hitting its lowest level in three years. This welcome development was largely…
Volkswagen has embarked on crucial discussions with its trade unions, initiating a pivotal negotiation phase that will shape the…
Thailand has officially launched the first stage of its ambitious $14 billion stimulus plan aimed at revitalizing the country’s…
In her first major speech since becoming the UK’s first female finance minister, Rachel Reeves has made it clear…
In a strategic move reflecting confidence in Germany’s banking sector, UniCredit, Italy’s largest lender, has raised its stake in…
Swedish battery manufacturer Northvolt has announced plans to cut 1,600 jobs in Sweden as part of a broader cost-cutting…
Digital assets and US stocks are increasingly moving in tandem, reflecting the influence of similar macroeconomic factors. A recent…