Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG.

The IMF said its executive board on Friday approved rule changes that would allow it to approve new loan programs for countries facing "exceptionally high uncertainty".

Britain is trying to limit the burden on bond dealers as it prepares to sell the highest volume of government debt since the COVID-19 pandemic against a backdrop of turbulent markets, the head of the UK Debt Management Office (DMO) said on Wednesday.

Finance minister Jeremy Hunt presented less gloomy forecasts for Britain's economy at his Spring Budget on Wednesday.

Britain on Wednesday unveils a new cost-of-living budget, including more help on soaring energy bills, but the government is set to stand firm on rising public sector pay demands as the country endures a fresh wave of strikes.

Credit Suisse lost almost a quarter of its value on Wednesday, dropping to a new record low after its largest investor said it could not provide the Swiss bank with more financial assistance.

British finance minister Jeremy Hunt will announce on Wednesday how he will try to speed up the world's sixth-biggest economy after the shocks of Brexit, a heavy COVID-19 hit and double-digit inflation have left it lagging behind its peers.

European Union finance ministers are converging on broad principles of a reform of Europe's fiscal rules to make them fit better with post-pandemic economic realities, but crucial details remain to be negotiated, a document showed.

Growth in pay in Britain - which the Bank of England is watching closely as it weighs up whether to pause its run of interest rate hikes next week - lost pace in the three months to January, official data showed on Tuesday.

Dealers expect Britain to ramp up issuance of government bonds in the coming financial year, although by less than suggested by Debt Management Office (DMO) forecasts published in November, a Reuters poll showed on Tuesday.

Credit Suisse said in its 2022 annual report the bank has identified "material weaknesses" in internal controls over financial reporting and not yet stemmed customer outflows.

European stocks tanked Monday while US stocks fell as investors shrugged off global efforts to stem a fast-moving crisis emanating from the US banking sector.

Barcelona manager Xavi Hernandez has been leading the club to improvements on the pitch.

Li Qiang, the former Communist Party chief of Shanghai, took office on Saturday as China's premier, the country's No.2 post.

British Prime Minister Rishi Sunak said on Friday that his government would prioritise reducing the country's debt over cutting taxes in next week's budget.

Fed up with a government he says doesn't care, Poh Wang plans to go on strike with tens of thousands of other British junior doctors next week, saying he is overworked, underpaid and burdened with a student loan he cannot imagine paying off.

The European Union is a global frontrunner in cutting carbon emissions but is also moving to ensure the green transition doesn't make it an industrial desert, with a raft of measures due to be announced next week.

The union representing American Airlines pilots will take a strike authorization vote in April, underscoring a broader push by North American pilots to make gains on salary and working conditions as air traffic increases sharply.

Crypto-focused bank Silvergate Capital Corp said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of crypto exchange FTX, sending its shares down 35% in after-hours trade.

British finance minister Jeremy Hunt looks set to keep his grip on public finances in next week's budget, holding off on any big tax cuts or spending increases until the next election comes closer into view.

The Spanish Prosecutor's Office has decided to pursue a case against the club weeks after the scandal first broke out.

As property prices begin to fall, experts and investors alike analyse whether property continues to be a good investment given the macroeconomic changes in the world.

Telecom Italia (TIM) shares rose as much as 5% on Monday after Italian state investor CDP and Australian fund Macquarie submitted a joint bid for the former phone monopoly's grid, rivalling an approach by U.S.

UN development chief sounds alarm over debt distress

At the summit opening, UN leader Antonio Guterres hit out straight away at the way poor nations are treated by the more powerful.

It had suggested a reduction in student loan payments or a full exemption for those who want to have a child.

Barcelona continues to struggle with a crippling financial crisis.

This one-of-a-kind coin set is in high demand among collectors and Harry Potter fans across the world.

In April 1849, Koh-i-Noor was handed over to the British crown by Lord Dalhousie, who from 1848 to 1856, was Governor-General of India

Aston's share price nevertheless rallied 14.2 percent to 226.69 pence Wednesday as investors focused on a forecast of "significant" growth in profitability this year.