Thursday, March 26, 2026
BoE raises interest rate to 0.75%, highest level since 2009
The Bank of England’s Monetary Policy Committee have voted unanimously for a 25 basis point increase, which takes the BoE’s...
Read moreDetailsBMW to build $1.17 billion car factory in Hungary
Leading car manufacturer, BMW said it is investing $1.17 billion in a new car factory in eastern Hungary, according to...
Read moreDetailsGermany plans crackdown on online shopping tax fraud
Germany is planning tougher rules for online shopping platforms to help combat sales tax fraud that is estimated to cost...
Read moreDetailsEBRD extends €116m loan to European chemical giant, Grupa Azoty, towards going green
The European Bank for Reconstruction and Development (EBRD) has extended a €116 million long-term senior loan to Poland's Grupa Azoty,...
Read moreDetailsEBRD supports SMEs in Turkey with €25m loan
The European Bank for Reconstruction and Development (EBRD) is providing a loan of €25 million to QNB Finans Finansal Kiralama...
Read moreDetailsGeorge Soros slammed by Morgan Stanley CEO over global crisis prediction
Billionaire George Soros, who became famous for speculating on currencies, especially in 1992 when he made one billion pounds speculating...
Read moreDetailsRoyal Bank of Scotland finance chief Stevenson resigns ahead of annual meeting
Ewen Stevenson, the Royal Bank of Scotland finance chief resigned from his role to “take up an opportunity elsewhere”, according to the...
Read moreDetailsRenewables in heating, cooling sector to tame oil market volatility, EU official says
Dominique Ristori, a senior EU official said promoting renewable energies in the heating and cooling sector is “a productive investment”...
Read moreDetailsEU moves to ban straws, other single-use plastics
The European Union is proposing a ban on single-use plastics to help protect marine life. The proposals, according to BBC...
Read moreDetailsGerman’s Deutsche Bank to cut about 7,000 jobs globally
German's Deutsche Bank has announced it is to cut at least 7,000 jobs. The commercial, investment and retail banking giant...
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