The crisis facing the US banking system “is not yet over,” the head of America’s biggest bank has warned. Jamie Dimon, chief executive of JPMorgan Chase,...
Stock markets around the world have bounced back after the US and UK governments again reassured markets about banks’ stability. Investors have recently been unnerved by...
The global economy is facing a slew of problems – and all eyes are looking in one direction: America. Two banking failures in the US this...
The International Monetary Fund (IMF) says it has reached an agreement with Ukraine on funding worth $15.6bn (£12.8bn). The organisation’s first loan to a country at...
The cost of living rose more than expected last month as salad and vegetable shortages helped push up food prices at the fastest rate in 45...
Central banks have rushed to keep cash flowing through the world’s financial systems after the failures of two US banks and the rescue of Credit Suisse...
Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs. The firm, which employs 1.5 million people worldwide, said the...
Sri Lanka has secured a $2.9bn (£2.3bn) bailout from the International Monetary Fund (IMF) as it faces its worst economic crisis since independence. The deal has...
Two banks connected with the late Jeffrey Epstein will face lawsuits over claims they enabled his sex trafficking, a US court has ruled. Two women who...
Electronics giant Samsung says it plans to invest around 300tn won ($230.8bn; £189.6bn) over 20 years in the South Korea government’s push to develop a mega...
