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Illustration shows Netflix logo

Netflix hires two top ad executives from Snap

Netflix Inc lured two of Snap Inc's top executives to lead its advertising sales team, the company announced Tuesday, poaching two people that lent the social media company credibility with brand marketers.
File photo of city workers walking past the Bank of England in the City of London

Surging energy prices create perfect storm for UK bonds

British government bonds are on course for their biggest monthly fall since 1994, as surging energy prices create a perfect storm of higher inflation, tighter monetary policy and the prospect of greater government borrowing.
People sit at an outside restaurant area, as the coronavirus disease (COVID-19) restrictions ease, at Covent Garden in London,

UK services sector downbeat in face of record costs - CBI

Britain's services businesses reported a record increase in costs over the past three months and are downbeat about the future, as inflationary headwinds look set to squeeze demand further, the Confederation of British Industry said on Tuesday.
Gates, passport control and toilets signs are seen at Lisbon's airport

Strike cancels 60 flights at Portugal's Lisbon airport

Around 60 flights were cancelled at Lisbon airport on Sunday, the last day of a strike by handling workers that has brought more disruption to summer travel at Portugal's main airports since Friday, data from national airports operator ANA showed.
Illumination at ECB headquarters for the Euro's 20th anniversary in Frankfurt, Germany

ECB policymakers make the case for a big rate hike

European Central Bank policymakers made the case on Saturday for a large interest rate hike next month as inflation remains uncomfortably high and the public may be losing trust in the bank's inflation-fighting credentials.
Traders will be poring over a speech by Federal Reserve boss Jerome Powell at a closely watched symposium in Jackson Hole, Wyoming

Stocks wobble before Fed chair speech

Stock markets wobbled Friday ahead of a speech by Federal Reserve boss Jerome Powell that is expected to reiterate his plan to ramp up US interest rates to fight soaring inflation.