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Market news

Fresh data complicates Fed and ECB rate decisions

28/04/2023 20:04 - Also in this newsletter: postmortem on SVB failure, UK ditches bonfire of Brexit laws, science round-up. ...

: Baker Hughes data show U.S. weekly active oil-rig count unchanged at 591

28/04/2023 20:04 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

: Baker Hughes data show total U.S. weekly active drilling-rig count up 2 at 755

Directors’ Deals: Rentokil share sales pay Ransom

28/04/2023 20:04 - Revenue at the group jumps by 65% in the first quarter of 2023 ...

Reasons to be cheerful about the global economy

28/04/2023 20:04 - There is no room for complacency, especially about relations between the US and China, but some optimism is merited ...

Here’s the full Fed report on SVB

28/04/2023 18:04 - “Textbook case of mismanagement” etc ...

Rise in US labour costs and inflation strengthen case for Fed rate rise

28/04/2023 18:04 - Employment cost index rose 1.2% in first quarter signalling persistent price pressures ...

Bank of England forecasts £100bn payment from Treasury by 2033 over QE losses

28/04/2023 18:04 - Central bank stresses figures relating to bond-buying programme are estimates ...

Companies may now be more resilient to inflation shocks

28/04/2023 18:04 - While financial accounts may be distorted by rising prices, the squeeze on corporate cash flow is more bearable ...

Banks tighten limits on cash deposits made at post offices

28/04/2023 18:04 - City regulator sets out new fraud measures but Post Office warns of impact ...