Business: News & Insights

Its nine members vote on whether to extend, cut back or maintain rates of interest. The bank’s conventional response to rising inflation is to increase the UK’s official interest rate. “Core” inflation – which excludes the worth of energy, meals, alcohol and tobacco – dropped to 6.1% in September, down from 6.2% in August.

The Bangko Sentral ng Pilipinas is anticipating that the first-ever Cashless Expo will provide extra micro, small and medium enterprises… Rupert Murdoch, the 92-year-old media magnate who created Fox News, is stepping down as chief of each Fox’s parent firm and his News Corp media holdings. …