Blackstone forbids withdrawals

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Source: Dukascopy Bank SA
The US real estate trust has announced another $69 billion withdrawal block, as the company does not allow its clients to cash out of their investments.
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Thu, 02 Feb 2023 12:03:15 GMT

Bank of England hikes Official Bank Rate

The Bank of England has increased its Official Bank Rate from 3.50% up to 4.00%. The members of the Monetary Policy Committee voted as follows. Seven cast votes for a rate hike and two voted for keeping rates unchanged.

Fri, 03 Feb 2023 06:30:08 GMT

FedEx fires senior employees

The FedEx Corporation has announced that it would fire more than 10.00% of its officer and director ranking employees. The new cuts are part of a giant 12,000 worker lay off.

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