HSBC, one of Britain’s “Big Four” banks, expects the Bank of England to raise interest rates twice over the coming 12 months, it said on Monday, having previously seen rates staying at their record lows until the end of 2018. The bank said it expected rates to be lifted by...
U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week is detrimental to America’s growth and the global economy, China’s state news agency Xinhua said in a commentary on Saturday. Canyon Bridge Capital Partners’...
First signs of open scepticism appeared on Saturday over a European Union plan to raise the tax bill of digital multinationals, as some finance ministers from smaller EU states raised concerns about the economic impact. France is pushing for a new way of taxing online giants on the...