Inflation euro zone August 2023
Christine Lagarde, President of the European Central Bank (ECB), speaks during an ECB press conference in July. Picture Alliance | Picture Alliance | Getty Images Inflation in the euro zone …
business news
Starbucks, Dunkin roll out pumpkin spice, fall menus early
Starbucks’ iced pumpkin cream chai tea latte. Source: Starbucks In most of the U.S., tree foliage is green and temperatures are warm. But for many restaurants and retailers, fall is …
China says drop in trade with U.S. is direct consequence of U.S. moves
Relations between Washington and Beijing are at their lowest in decades amid disputes over trade, technology, human rights and China’s increasingly aggressive approach toward its territorial claims involving self-governing Taiwan …
Microsoft to unbundle Teams software in Europe in bid to abate EU concerns
Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. Dado Ruvic | Reuters U.S. tech giant Microsoft on Thursday said it …
Europeans hit out at banks for not passing on higher rates
A customer exits a Piraeus Bank SA bank branch in Thessaloniki, Greece. Bloomberg | Bloomberg | Getty Images “They just want profits, they don’t think about people.” Those words from …
Climate risk guarantees home insurance will only get more expensive
An aerial picture taken on October 1, 2022 shows a broken section of the Pine Island Road and destroyed houses in the aftermath of Hurricane Ian in Matlacha, Florida. Ricardo …
Buy now, pay later firm Klarna reduces losses by 67%, revenue up 21%
“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Swedish buy now, pay later firm Klarna reduced its losses by …
Biden administration cancels $72 million in student debt
The U.S. Department of Education in Washington, D.C. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The Biden administration announced on Wednesday it would forgive $72 million in student …
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
General view of the UBS building in Manhattan on June 5, 2023 in New York City. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images UBS on …
Stocks making the biggest moves midday: HPQ, BOX, BF.B, PODD
The logo of printer manufacturer HP is seen during an event. Paco Freire | LightRocket | Getty Images Check out the companies making headlines in midday trading. HP — HP …