By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Bank of England raises rates to 4% as energy risks loom
The Bank of England raised its key interest rate to 4% in an 8-1 vote, restarting its tightening cycle. It warned that further hikes could f
ConocoPhillips lifts dividend 11% as oil prices boost quarterly profit
ConocoPhillips raised its quarterly dividend 11% to 93 cents a share after third-quarter adjusted profit beat estimates, even as production
Canada's exports to US dip below 70% as trade ties loosen
Canada is slowly reducing its reliance on the US as its main export market. BMO notes the US share has dipped below 70%, helped by gold ship
BoE's 4% rate hike signals higher UK borrowing costs for longer
The Bank of England raised its key rate to 4% in an 8-1 vote, with one policymaker wanting a bigger move. Markets now expect more tightening
Bank of England raises rates to 4% as energy costs keep inflation sticky
The Bank of England raised its key rate to 4% in an 8-1 vote, with policymakers warning that high energy costs could keep inflation stubborn
Brent crude tops $96 as traders weigh Iran conflict endgame after US midterms
Brent crude climbed back above $96 a barrel as traders weighed whether US midterm losses make an off-ramp in the Iran conflict more likely o
Norges Bank holds rates at 4.50%, warns of possible hike if inflation stays high
Norges Bank left its key interest rate at 4.50% as expected, but warned it could still hike if inflation doesn't move back toward its 2% tar
Turkish Airlines freezes hiring as jet fuel costs hit profits
Turkish Airlines has paused hiring after a surge in jet fuel costs took about $1 billion out of its third-quarter results. Cargo revenue cli
South Africa's private sector stays in contraction as confidence slips
South Africa's private sector remained in contraction in October, with S&P Global's PMI at 49.0. Weaker export demand, higher fuel costs, an
Orsted beats Q3 forecasts but trims investment target as US rates bite
Orsted beat third-quarter profit forecasts, but trimmed its full-year investment target and booked a US impairment. The move highlights how
Malaysia holds rates at 2.75% for eighth straight meeting
Malaysia's central bank held its key interest rate at 2.75% for an eighth consecutive meeting, citing contained inflation and resilient grow
Woodside scraps profit-based dividends, cuts 500 jobs in overhaul
Woodside Energy is overhauling its shareholder returns, swapping a profit-based dividend for a cash-flow-linked payout and cutting over 500