[ad_1] Press play to listen to this article Voiced by artificial intelligence. FRANKFURT ― The markets are jittery and inflation still needs taming. Coming together, those two things put the European Central Bank in a real bind. Fight one fire and it could cause the other to flare. The ECBContinue Reading
[ad_1] FRANKFURT — Swiss banking giant UBS will buy the country’s second-largest bank Credit Suisse in a deal that will come as a relief to financial markets in Europe and across the world. UBS said in a statement that the total price is 3 billion Swiss francs, or about $3.25Continue Reading
[ad_1] Press play to listen to this article Voiced by artificial intelligence. The U.K. has entered the international race to create a central bank-backed digital currency, with work to start on a “Britcoin.” The Treasury and Bank of England said last week it is “likely” a digital pound will beContinue Reading
[ad_1] NATO Secretary General Jens Stoltenberg plans to step down from his post as planned in October, his spokeswoman Oana Lungescu told German news agency Deutschen Presse-Agentur, dismissing reports of another extension to his term. “He has no intention of seeking a further extension of his mandate,” she said. Continue Reading