British households continue to contend with high food and energy bills, while workers across a range of sectors have launched mass strike action in recent months. The Bank of England has been hiking interest rates aggressively in a bid to rein in inflation and will announce its latest monetary policy decision on Thursday. U.K. inflation … Read more
An Hour Ago European banking stocks slide Bank stocks slid at the open Monday, with Credit Suisse and UBS driving the fall. Banking stocks were down 2.75% by 9:17 a.m. London time, paring some losses. Credit Suisse shares were down 58%, while UBS recovered slightly to trade 9% lower by 9:17 a.m. London time after … Read more
3 Mins Ago Credit Suisse shares down almost 24%; multiple halts try to prevent further decline Shares of Credit Suisse were down 23.79% around 11 a.m. London time. Trading was halted multiple times by the stock exchange operator as the stock plummeted. The price was halted at $1.7430 just after 11 a.m. London time. — … Read more