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The exact details of the package have yet to be revealed, but some projections suggest it could include around £200 billion ($ 230 billion) in support. International: Top News And Analysis
The European Union is “ready to react” to Russia’s latest decision to halt gas supplies to the bloc, a top EU official has told CNBC. International: Top News And Analysis
Euro zone inflation hit a new record high in August at 9.1%, exceeding economists’ expectations. International: Top News And Analysis
Fed Chairman Jerome Powell warned that he expects the central bank to continue raising rates in a way that will cause “some pain” to the economy. International: Top News And Analysis
The euro fell to a two-decade low of 0.9903 against the U.S. dollar and strategists predict further euro depreciation in the coming months. International: Top News And Analysis
Bitcoin hit a three-week low as cryptocurrencies rapidly plunged in early Friday trading. International: Top News And Analysis
Chinese tech giants from Alibaba to Tencent have shared details of their algorithms with the country’s powerful cyberspace regulator in an unprecedented move. International: Top News And Analysis
The members of TIGER 21 are putting most of their money in the stock market for the first time. International: Top News And Analysis
Berkshire Hathaway’s operating profits jumped in the second quarter despite fears of slowing growth. International: Top News And Analysis
AP Moller-Maersk on Wednesday forecast a slowdown in global shipping container demand in 2022 amid weakening consumer confidence and supply chain congestion. International: Top News And Analysis