Category: Finance
Bank lowers interest rates and hints at more cuts to come
The Bank cuts rates for the second time this year, saying the slowdown in inflation was behind the move. The Bank cuts rates for the second time this year, saying the slowdown in inflation was behind the move. BBC News
BlackRock to order senior managers back to office five days a week – reports
New-York based asset management company about to issue new guidance, according to FT Business live – latest updates BlackRock, the world’s biggest asset management company, is reportedly preparing to order its senior managers to work from the office five days a week. The New-York based company is expected to tell its staff as early as…
Apple hits back at US judge’s ‘extraordinary’ contempt order
The legal battle – started by Epic Games – could determine the future of the highly lucrative App Store. The legal battle – started by Epic Games – could determine the future of the highly lucrative App Store. BBC News
RBI eases FPI rules on corporate bonds to boost foreign inflows
The central bank Thursday eased rules for foreign portfolio investors (FPI) to buy local corporate bonds by lifting caps on short-term debt investment limits at a time rate differentials between India and the US are at the narrowest in recent memory.“On a review, and with a view to providing greater ease of investment to FPIs,…
Mood-boosting rate cut is a fillip for Reeves but leaves future uncertain
Split in Bank of England votes muddies waters as to direction of monetary policy in coming months UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut Explainer: what does it mean for mortgages and savings? Business live – latest updates Thursday’s interest rate cut to 4.25% is the fourth in…
