worldbusinessstar
BoE chief economist says UK inflation could top 5%
The Bank of England’s new chief economist, Huw Pill, said that inflation in Britain could surpass a 5%. The Financial Times reported this news. Pill told...
World bank sees significant inflation risk
Energy prices are expected to inch up in 2022. The World Bank said in its latest Commodity Markets Outlook that this is after surging more than...
Caixabank considers selling 9.92% stake in Erste group
Spain’s Caixabank said that it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank. The stake has currented a market value...
Emerging economies have embraced digital banking
It’s now entirely uncontroversial to make payments, transfer money, and communicate with banks entirely through mobile apps and websites. The rise of online-only challenger...
48 branches of Lloyds Bank to close again
Lloyds Banking Group will close a further 48 branches across England and Wales. This is stated by the British lender. This is because it seeks...
Bundesbank chief Weidmann quits early
Bundesbank President Jens Weidmann will step down more than five years early. This will open the door for Germany’s new government to pick a less...
Good luck in charging the car-Electric Avenue
European and U.S. cities planning to phase out combustion engines over the next 15. For this, they need to plug a charging gap for...
New dating app Fluttr put the spark with the help of...
The stats behind online dating and safety are shocking. In a survey by ProPublica and Columbia Journalism Investigations, more than a third of surveyed women said that they had...
IMF Chief economists backs exemptions to German debt brake
Germany should apply its debt brake more flexibly and suspend it again if needed to favour investment. The International Monetary Fund’s chief economist told...
BoE ends closed door policymaker briefings with banks
The Bank of England will no longer hold off-the-record briefings between policymakers and individual private sector firms. This is because of the scrutiny over the links...
