By Daniel ThomasBusiness reporter, BBC News Image source, Getty Images The Bank of England has warned that the UK economy will shrink this year as it raises interest rates to try to stem the pace o… [+5956 chars]
Stocks were falling Thursday, as markets digested Wednesdays big rally, which came after the Federal Reserve delivered the monetary policy decisions that markets were expecting. As investors digest t… [+4944 chars]
Energy Oil prices remain well supported as the market awaits the outcome of EU discussions around the proposed ban on Russian oil and refined products. The proposal is not guaranteed, at least not i… [+1724 chars]
…says oil producers lack capacity to replace Russian supply The Organisation of Petroleum Exporting Countries has revised the demand for crude oil in 2022 downward following the concerns around glob… [+3363 chars]
More Americans applied for unemployment benefits last week but the total number of people collecting jobless aid is at its lowest level in more than 50 years. Jobless claims in the United States ros… [+2287 chars]
Elon Musk and Cathie Wood took aim at index funds in a Twitter thread, arguing that passive investments have controlled too big a percentage of the stock market. The CEO of Tesla responded to a post… [+2485 chars]
The European Union’s flagship reform for tackling Big Tech platform power, the Digital Markets Act (DMA), will come into force in early 2023, Commission EVP Margrethe Vestager has said — rowing back … [+6456 chars]
6 benefits of employee monitoring software for startups 1) Manage your team efficiently Employee monitoring software allows you to efficiently manage your staff and help them work more productively… [+3939 chars]
President Cyril Ramaphosa says he is working with his counterparts from Egypt, Ghana, Kenya and Rwanda to save South Africas Aspen Pharmacare. This is in response to a recent revelation by some exec… [+1194 chars]
