The dollar continues to ride high. It reached its highest level against the yen since the recent intervention. The Canadian dollar has fallen to its lowest level in two-and-a-half years and the New Zealand dollar...
Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig have won the 2022 Nobel Prize in economics “for research on banks and financial crises.” The trio were honored for their groundbreaking work on bank...
Asia Pacific bourses followed yesterday’s US loss, but after opening lower Europe’s Stoxx 600 has steadied. US futures are narrowly mixed ahead of the US jobs report. Benchmark 10-year yields are higher across the board....
Liz Truss has endured a brutal start to her tenure as UK prime minister. Her first major policy move led to financial chaos and a humiliating U-turn. Her position is already in doubt, as the...
As energy prices continue to soar, EU member states are holding emergency negotiations on how to soften the blow for businesses and consumers. European Union energy ministers on Friday agreed on a package of measures...
Tornadoes can be destructive and hard to predict. We know why they form and that climate change can play a part — but we can’t always see them coming. Here’s why. Tornadoes can be terrifying...
The luxury sports car manufacturer Porsche is about to start trading on the Frankfurt Stock Exchange. That could raise billions for e-mobility. When a massive cargo ship loaded with Porsches, Bentleys, Lamborghinis and Volkswagens burned...
It is commonly known that the dollar, the pound, the euro, and the yen dominate the world’s trade invoicing currencies. Regardless of origin and destination, exports and imports of nations frequently use these currencies, with...
Sterling’s pounding continued in Asia where it was driven to $1.0350, a new record low before stabilizing. UK rates also continued to rise sharply after the new government promised more tax cuts next year. The...
Swiss have voted in favor of the proposal by a narrow margin in a referendum. Another proposal, on imposing stricter regulations on livestock farming, failed to pass. Swiss voters accepted the government’s pension reform plan by...
Following surprisingly high inflation numbers in August, the US Federal Reserve raised benchmark interest rates for the third time this year. The US Federal Reserve, commonly known as “the Fed,” has raised interest rates by 75 basis...
From disruptive technologies to organisational transformations, change is constant. Change management professionals have to juggle these things: change, how to keep the change in mind and people at heart to devise solutions. Adding the soul...