Andrew Bailey, governor of the Bank of England, has said the global economic outlook has deteriorated materially after surging commodity prices pushed up inflation around the world. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England will suspend the planned start of its gilt selling next week …

South Korean authorities are seeking the arrest of Do Kwon, co-founder and chief executive officer of Terraform Labs. His company is behind the now-collapsed terraUSD and luna cryptocurrencies. South Korean prosecutors are now seeking to freeze bitcoin linked to Kwon. Woohae Cho | Bloomberg | Getty Images South Korean authorities …

A woman shops inside a Garcia’s Supermarket store in Quezon City, Philippines on Sept. 5, 2022. Iya Forbes | Bloomberg | Getty Images Inflation in consumer goods will persist as a “new normal” as the global economy undergoes structural changes, Asian business leaders warn. While rising interest rates might eventually …

The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the International Monetary Fund. Yuri Gripas | Reuters LONDON — The new economic measures laid out by the U.K. government “will likely increase inequality,” the International Monetary Fund said in a …

Ukrainian servicemen fire an M777 howitzer, Kharkiv Region, northeastern Ukraine. This photo cannot be distributed in the Russian Federation. Vyacheslav Madiyevskyy | Future Publishing | Getty Images In the U.S. weapons industry, the normal production level for artillery rounds for the 155 millimeter howitzer — a long-range heavy artillery weapon …

The United Arab Emirates will continue to supply the world with energy for as long as it needs it, its Minister for Climate Change and Environment Mariam Almheiri said in an exclusive interview with CNBC. “As long as the world needs oil and gas, we’re going to give it to …

A young Beijing company’s game called “Sheep a Sheep” went viral in China in September 2022. Evelyn Cheng | CNBC BEIJING — A new game that’s gone viral in China hit people’s screens with surprising speed at a time when gaming giants such as NetEase have waited months for approval …

Harmonic Inc: “Sells way too high on a price-to-earnings multiple for me to recommend when there’s so many cheaper stocks out there.” Cloudflare Inc: “It is okay to buy. I know that’s a tough call, but I do believe it.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s …

General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | Reuters DETROIT – General Motors is conducting damage control around its return-to-office plans …

2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks, a lineup of vehicles ranging …