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The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.
The GBP/USD currency pair hit a two and a half year high of $1.32 earlier this year on 27 August, with analysts expecting the strong momentum...
Global markets will focus on key economic data from the major economies, including the Eurozone’s final GDP for the second quarter, Switzerland’s inflation and economic growth,...
The European stock markets maintained their upward trajectory as cooling inflation bolstered hopes for more significant rate cuts by the European Central Bank. The DAX reached...
What is the most important single thing that you can do to heal our national divides and to improve the social and economic mobility of your...
More high temperatures come after Italy was battered by heavy rain and intense thunderstorms.
Favourable market conditions in the eurozone and the UK and lower US inflation could prompt the US Federal Reserve to consider rate cuts. As the euro...
Extreme rainfall made 10 percent heavier by human-caused climate change triggered landslides that killed hundreds, according to a new study.
A rising tide swept stocks higher, and calm returned to Wall Street after Japan's market soared earlier Tuesday to claw back much of the losses from...
The mayhem that swept across world markets this week was partly caused by a market strategy known as the "carry trade".
