About half of Canadian businesses see a mild recession over the next year, the Bank of Canada said on Monday in a first quarter survey, fewer than in the fourth quarter, and most are bracing for inflation to stay above 2% until at least 2025.

Global factory activity weakened in March as consumers feeling the pinch from rising living costs cut back, surveys showed on Monday, suggesting a deteriorating outlook will remain a drag on economic recoveries and keep policymakers on their toes.

The Financial Sector Conference 2023, hosting 3,000 visitors and 60 plus speakers, focused heavily on Saudi Arabia's Vision 2030, with talks of SVB's collapse and women inclusion in the workforce highly present.

Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the attorney general said on Sunday.

Rapid technological advances and fast-changing consumer behaviors have forced retail...

Since the failure of SVB, Bitcoin has been gaining market shares to the detriment of other digital assets. Jerome Powell further confirmed that "the central bank will indeed raise rates in March."

Identifying fraudulent attacks was easier before chatbots arrived since phishing emails usually contained grammar and spelling mistakes.

"The approach a business takes to risk management can have significant implications on customer experience and expectations."

Nexus is a rising Android trojan that targets 450 financial apps and is capable of taking over bank accounts.

A new report shows if UK exports had rebounded as strongly as Germany's following the pandemic, it would be exporting $111 billion more than is currently the case.

Recent advances in technology have taken the world by storm, with companies launching their own versions of artificial intelligence apps for different tasks.

Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB) saying recent volatility highlighted the need for greater regulatory scrutiny.

Britain's No. 2 Treasury official said on Tuesday that he does not have any immediate concerns about the execution of Switzerland's Credit Suisse rescue by UBS but will monitor the deal closely, reiterating that UK banks are "very resilient."

UK retail sales rose in February as consumers' confidence reached a one-year high while US market struggles amid banking moves and monetary tightening.

Startups are often in trouble when banking collapses occur. Therefore, right now, founders have a renewed interest in understanding "the corporate veil".

Crude prices moved in a narrow range in early Asian trade on Tuesday after rallying in the previous session, with oil markets focused on developments in the banking crisis as well as on supply concerns and indications of strengthening demand.

The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.

Oil prices climbed in early trade on Monday as concerns over turmoil in the banking sector eased, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in Europe.

U.S. Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and promised policymakers had more firepower to battle any crisis even as bank stocks resumed their slide on Thursday.

Corporate distress levels in Britain accelerated in the three months to February to their highest since June 2020, an index compiled by law firm Weil Gotshal & Manges shows.

The dollar headed on Thursday for its longest losing streak in 2-1/2 years after the U.S.

The Bank of England (BoE) raised interest rates for the 11th time in a row on Thursday, but said a surprise resurgence in inflation would probably fade fast, prompting speculation it had ended its run of hikes.

Wall Street bounced but European markets wobbled Thursday as investors weighed fresh interest rate hikes by central banks and signs of a possible pause in US monetary tightening following turmoil in the banking sector.

The Swiss National Bank raised its benchmark interest rate by 50 basis points on Thursday and said UBS's takeover of Credit Suisse had averted a financial disaster, adding it was now critical the merger took place in a smooth and fast way.

China is expected to account for around 40% of the increase in global oil demand this year as its economy emerges from strict lockdowns, but the increased use will not take prices back to 2022 levels, consultancy Wood Mackenzie said on Thursday.

Bank of England policymakers will not have looked at Wednesday's inflation data with the same enthusiasm as sterling traders, who took advantage of a shock jump to push the pound up, confident that a rate hike this week is now a done deal.

The Bank of England and the US Federal Reserve have claimed the safety and strength of banking systems ahead of key decisions on interest rates.

British inflation unexpectedly rose to 10.4% in February, pushed up by higher food and drink prices in pubs and restaurants, according to official data which is likely to prompt the Bank of England to raise interest rates on Thursday.

Britain's government borrowed more than expected in February, official data showed on Tuesday, but finance minister Jeremy Hunt may still hope that falling energy costs and inflation will offer leeway later this year for a pre-election tax cut.

As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.