European shares rose on Friday and were hovering near a nine-month high, supported by healthcare and banking stocks and upbeat economic data from the UK.

Steps taken by the government so far to try to generate growth have been questionable.

Britain's financial services minister sought to reassure U.S. counterparts on Wednesday that the UK's bout of debt market instability last fall was a one-time event

Slowing the economy typically means that job creation also decelerates, as borrowing becomes more expensive.

Rockstar parent firm Take-Two Interactive confidently predicts its revenue to increase by 2024, which could indicate the release of a major title.

The regulators said they are supervising banks that may be exposed to crypto-related risks.

Vietnam's central bank said on Tuesday it was making efforts to shore up foreign exchange reserves by buying up more U.S.

Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as dealmaking sputters and economic gloom sets takes hold.

The global financial crisis has cost Britain up to £7.4 trillion in lost output alone.

Two Swiss brothers are seeking to put their country back on the carmaking map by reviving a 1950s motoring classic with an electric twist.

To borrow from Britain's Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure.

The Bank of England warned on Tuesday about "significant pressure" on households and businesses due to higher inflation and borrowing costs, but said they were more resilient than before the global financial crisis.

The Bank of England will test so-called shadow banking institutions such as pension funds, that played a key role in recent UK bond market chaos, it said Tuesday.

Britain proposed over 30 reforms on Friday to bolster the City of London's role as a global financial centre, now outside the European Union and facing competition from Amsterdam, Paris and Frankfurt, as well as New York and Singapore.

Barclays has promoted 85 people to managing director (MD) in its investment bank, it said on Thursday, with by far the majority of the coveted titles this year being taken by men.

Britain has called on banks to support households finding it difficult to make payments on mortgages during the cost of living crisis.

The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.

HSBC is closing a quarter of its branches across the United Kingdom from April 2023 after the bank failed to recover customer loss since the pandemic.

Chinese entrepreneur Wang Min is delighted about Russia's embrace of the yuan.

Germany's Deutsche Bank has a stark warning to European companies borrowing from U.S. lenders: They will drop you when times get tough.

UK police on Thursday said their biggest ever counter-fraud operation had disrupted an international criminal network targeting hundreds of thousands of victims in millions of spam phone calls.

It's the best of times, it's the worst of times. At least when it comes to mining coal.

Earnings reports from retailers in recent days have painted a mixed picture on consumer health.

Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered bank undertakes a radical overhaul, sending stocks tumbling again on Wednesday.

Sweden's central bank is seen hiking its policy rate by three-quarters of a percentage point this week to get a grip on soaring inflation

As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pressure on the embattled UK government as it unveiled a budget aimed at reviving the economy.

Britain's banks are proactively helping customers hit by the cost of living crisis, but implementing a new "consumer duty" on time could exclude vulnerable consumers from help, banking industry body UK Finance said on Wednesday.

Credit Suisse has cut eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said, just weeks after the Swiss bank announced a major global restructuring plan.

Spanish banks need to preserve capital and keep a lid on mortgage loan costs to cope with a potential deterioration of the economic outlook, the Bank of Spain warned on Friday.

Political differences remain, with Sunak a conservative Eurosceptic free-marketeer, while Macron is fervently pro-EU and a believer in strong state intervention.