Month : May 2022
BP’s bumper earnings stoke new calls for windfall tax
Oil major reports highest quarterly profit in more than 10 years despite Russia hit...
Australia hikes its interest rate for the first time in more than a decade
The Reserve Bank of Australia said the cash rate will be increased by 25 basis points to 0.35% — the first rate hike since November...
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips into recession....
UK to provide a further £300mn of military aid to Ukraine
Boris Johnson also due to address Kyiv’s parliament amid cabinet tensions over defence spending...
