Hong Kong (CNN Business)China keeps slashing lending rates as authorities ramp up their efforts to stave off a sharp economic slowdown. The People’s Bank of China on Thursday cut its one-year loan prime rate by 10 basis points to 3.7%, the second cut to the rate in a month. December’s cut was the first time the central bank touched the […]

Most Asian stock markets yielded to panic on Thursday, as the worsening coronavirus situation and the likely economic impact of the virus-related curbs rattled investor sentiment. Asian stocks struggled for momentum despite the keenly awaited December inflation number from the U.S. being more or less on expected lines. China’s Shanghai Composite Index lost 42.17 points or 1.2 percent to finish […]

With its 110th birthday just around the corner, Oreo is coming out with something new and different. For the celebratory occasion, Oreo is releasing a special flavor known as chocolate confetti cake. The specialty of the cookie is that it has sprinkles galore. The cookies themselves are filled with sprinkles and have two layers of filling, i.e., the signature creme […]

EU unimpressed over Liz Truss’s post-Brexit threats We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info This week the EU revealed it would extend access to London’s clearinghouses for […]

Inflation: Mansfield resident says we're 'living in fool's paradise' We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Inflation is now at a near 30 year high of 5.4 […]

In their annual report, venture capital company, Space Capital showed that the space industry has gathered a record $14.5 billion of private investment in 2021, almost 50% more than it got in 2021. The report also showed that the investment in the fourth quarter was an eye-watering $4.3 billion, a record in itself. This quarter held “mega-rounds” of investments primarily […]

China issues complaint to UN about Elon Musk We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The coronavirus pandemic severely affected the finances of normal people across the […]

Andy Webb warns banks' interest rate rises may not be beneficial We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info After much speculation the central bank voted in December […]

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Unilever, whose array of brands also include Dove soap, Sure deodorant and Radox, insisted the proposed deal would be a […]