The ECB is trying to control inflation in the eurozone, which is currently at 8 per cent.
Ross Cullen reports.
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The European Central Bank has announced a 0.5 point increase in eurozone interest rates, and says it stands ready to respond to market turmoil.
It’s not what markets were expecting, amid concern a significant increase in borrowing cost would fuel further market anxiety.
Laura Makin Isherwood reports from London
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Nigeria will hold its first census in 17 years in May.
Authorities say the census is to capture changes in the population that would influence public policy and investment decisions.
Correspondent Ajeck Mangut reports from Abuja.
INTRO: "Census officials...
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Indian startups are quickly moving their money from the crisis-hit Silicon Valley Bank to India's first financial service center.
GIFT city in the West Indian state of Gujarat is inviting entrepreneurs to move their funds to domestic banks.
Ishan Garg has more from New Delhi.
IN: GIFT city officials...Credit Suisse has secured a lifeline from the Swiss central bank.
It will borrow up to 54 billion dollars to boost liquidity and investor confidence, after a slump in its shares sparked fears about a global financial crisis.
Richard Kimber reports from Hong Kong.
IN: Credit Suisse
OUT: support
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North Korea has fired more rockets ahead of a meeting between the leaders of Japan and South Korea.
It launched two Intercontinental Ballistic Missiles into the Sea of Japan as the two leaders prepared to meet in Tokyo to discuss how to respond to North Korea's nuclear threats.
US stocks fell Wednesday as investors contemplated the future of Credit Suisse.
Shares of the bank plunged after its biggest backer, Saudi National Bank, said it won't provide further financial help.
Sally Patterson reports from New York.
IN Investors were already
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Exiled Chinese billionaire Guo Wengui, who is an associate of former President Trump adviser Steve Bannon, has been arrested on charges of orchestrating a one billion dollar fraud.
The indictment alleges Mr Guo duped his online followers with promises of "outsized" investment returns.
Our US correspondent Kate Fisher reports
IN: Federal prosecutors
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US Defense Secretary Lloyd Austin says the United States will keep conducting surveillance flights even after an unarmed American drone was struck and downed by a Russian warplane over the Black Sea.
Tuesday's incident, the first known physical contact between US and Russian militaries since the start of war in Ukraine, has once again raised tensions between the two superpowers.
Benji Hyer has the latest.
IN: Make no mistake
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The US has summoned the Russian ambassador to protest what it describes as the “reckless” actions of Russian pilots over the Black Sea.
Washington alleges that on Tuesday two Russian fighter jets attempted to intercept an American surveillance drone in international airspace, causing the drone to crash into the sea.
The Russian Defense Ministry rejects America's version of events- as Trent Murray reports from Berlin:
IN: “ Well the tensions…
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US Secretary of State Antony Blinken has arrived in Ethiopia, as part of a wider push by the US administration to step up engagement with Africa.
Blinken is expected to renew ties with the Addis Ababa Administration and support the peace process following a violent two-year civil war.
Michael Baleke reports from Kampala
IN: Antony Blinken is the
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DUR: 00.40secs
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Mass strikes are disrupting life across the UK, but more specifically in London where commuters are largely staying home amid widespread travel chaos, after underground and train staff walked out.
The strikes- which are also impacting schools and health services- coincide with budget day, as
Nina-Maria Potts reports:
IN: “ The cost of living…
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DUR: 45 seconds