ECB To Raise Rates Again And Face Questions About Future Path

ECB To Raise Rates Again And Face Questions About Future Path

Feb 2, 2023

The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record

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Fashion Retailer H&M’s Profit Tumbles As Costs Bite

Fashion Retailer H&M’s Profit Tumbles As Costs Bite

Jan 27, 2023

Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in

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