The latest news and updates about Bank from trusted sources around the world.
Hamas said on Monday that it had rejected the latest ceasefire proposal presented by mediators, deepening uncertainty over efforts to halt the war in Gaza. The announcement came as Israeli strikes…
European Central Bank President Christine Lagarde said the bank is likely to keep its policy settings unchanged for now as the eurozone continues to face sluggish growth. Her remarks suggest…
The Bank of England held its benchmark interest rate at 4.25% on Thursday, choosing to pause again as policymakers weigh stubborn inflation against signs of slower economic momentum. The decision…
Eurozone business activity edged up in June, but the improvement was modest and masked a renewed setback in services, according to a closely watched survey. The private-sector reading showed a small…
The BRICS New Development Bank has raised 1.5 billion rand through a bond sale in South Africa, according to Reuters. The issuance, denominated in local currency, matures in 2029 and marks the…
OpenAI has completed a $40 billion funding round that places the company’s post-money valuation at $300 billion, according to Reuters. The deal adds fresh capital to one of the world’s most closely…
European Central Bank President Christine Lagarde said a rate cut in July now looks likely, following stronger-than-expected growth across the eurozone in the second quarter. Her comments signal that…
The eurozone economy contracted for a third straight quarter in the first quarter of 2026, underscoring continued strain across the region. Weak demand in both manufacturing and services has kept…
The New Development Bank, created by the BRICS group of emerging economies, is considering a capital increase of as much as $2 billion, according to people familiar with the talks. The move comes as…
The New Development Bank, created by the BRICS group, is exploring ways to expand lending in Africa as debt pressure builds across several emerging economies. The move comes as governments in…
The New Development Bank, the lender created by the BRICS bloc, has issued a 10 billion yuan bond in China, equal to about $1.5 billion, as it deepens its use of local currencies for financing. The…
The New Development Bank, created by the BRICS bloc, has issued its first bond denominated in South African rand. The move marks a notable step in the lender’s effort to widen funding options for…
