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Financial News Around the World

Neobanks battle to lure UK savers with juicy yields as interest rates rocket to a 14-year high

Online banks in the U.K. are bumping up the yields on their savings accounts after the Bank of England increased interest rates for the ninth time in a year.

Published 16 December 2022
Categorised as Finance News

China’s sudden ‘reopening’ reveals new challenges as infections soar

Mainland China’s swift rollback of many Covid-related restrictions has been unexpectedly sudden, revealing a new set of economic challenges.

Published 16 December 2022
Categorised as Finance News

Long Covid medical costs average $9,500 in first six months, as patients become ‘health-system wanderers’

Long-haul symptoms of Covid-19 can be expensive for the average person to have diagnosed and treated, according to a new study by Nomi Health.

Published 15 December 2022
Categorised as Finance News

Stocks making the biggest moves midday: Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more

These are the stocks posting the largest moves in midday trading.

Published 15 December 2022
Categorised as Finance News

Binance CEO Zhao brushes off $2.1 billion FTX clawback concerns

Binance CEO Changpeng “CZ” Zhao brushed off questions about whether the exchange would be able to handle a potential $2.1 billion clawback of FTX funds.

Published 15 December 2022
Categorised as Finance News

‘There may be a false sense of security.’ How to know if your workplace disability insurance is enough

Your company’s group disability insurance plan may be less coverage than you think, experts say. Here’s how to find out.

Published 15 December 2022
Categorised as Finance News

Retail sales fell 0.6% in November as consumers feel the pressure from inflation

Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation.

Published 15 December 2022
Categorised as Finance News

ECB hikes rates, sees significant increases ahead as it announces plan to shrink balance sheet

The European Central Bank opted for a smaller rate hike at its Thursday meeting, taking its key rate from 1.5% to 2%.

Published 15 December 2022
Categorised as Finance News

Watch live: ECB President Christine Lagarde speaks after rate decision

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

Published 15 December 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Tesla, Warner Bros. Discovery, Lennar and more

These are the stocks posting the largest moves before the bell.

Published 15 December 2022
Categorised as Finance News

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