Europe finally agrees to cap gas prices | CNN Business
London CNN Business — Europe has agreed to a cap on natural gas prices, following months of debate over whether...
banking
Bank of England Raises Rates by 0.5 Point, Slowing Pace of Tightening
WorldEuropeDecision follows a similar move by the Swiss National Bank on a busy day for Europe’s most influential central banks...
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
Most officials penciled in plans to raise rates above 5% next year, higher than previously expected. Source link
FTX’s Sam Bankman-Fried Charged With Criminal Fraud, Conspiracy
U.S. prosecutors, in an indictment unsealed Tuesday, accused the crypto exchange’s founder of a scheme to defraud customers and his...
Inflation cooled more than expected in November | CNN Business
Minneapolis CNN — Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as...
Amgen Agrees to Deal to Buy Horizon Therapeutics
BusinessThe U.S. biotechnology company will pay $116.50 for each Horizon share Source link
The UK just had a major market scare. Now it wants to relax financial rules | CNN Business
London CNN — Just two months after UK markets suffered their worst meltdown since the global financial crisis, the British...
Oil tankers are getting stuck in the Black Sea. That could become a problem | CNN Business
CNN — A bottleneck is building across an important trading route for oil, which if left unresolved could knock global...
Why we think we’re in a recession when the data says otherwise | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Tesla short sellers have made $11.5 billion profit this year | CNN Business
New York CNN Business — Here’s more bad news for Tesla CEO Elon Musk — as if he needs any....
When China and Saudi Arabia meet, nothing matters more than oil | CNN Business
Hong Kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in...
Former Theranos COO sentenced to nearly 13 years | CNN Business
CNN Business — Ramesh “Sunny” Balwani, the former chief operating officer of failed blood testing startup Theranos, was sentenced Wednesday to nearly...
US trade deficit edged up to $78.2 billion in October | CNN Business
New York CNN Business — The US trade gap edged only slightly higher in October than the month before, to...
Indonesia wants to make an OPEC for this coveted metal | CNN Business
London CNN Business — Indonesia produces more nickel than any other country. As demand soars for batteries to power the...
The West just scrambled the oil market. What happens next is up to Russia | CNN Business
London CNN Business — Most Russian crude oil exports to Europe are now banned, marking the boldest effort yet by...
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda
MarketsCurrenciesCryptocurrencyEntrepreneur says he had little insight into workings of trading firm even though he owned 90% of it Source link
Europe agrees to cap the price of Russian oil at $60 a barrel | CNN Business
London CNN Business — The European Union has reached a consensus on the price at which to cap Russian oil...
BlockFi Says It Is Different From FTX, Affirms Efforts to Return Customer Funds
BlockFi Inc. told a U.S. bankruptcy court on Tuesday it was blindsided by cryptocurrency exchange FTX’s rapid demise and would work to repay creditors...
‘White paper’ protests: China’s top stationery supplier says it’s still selling A4 sheets | CNN Business
Hong Kong CNN Business — The rare protests that spread across China over the weekend often featured demonstrators holding pieces...
