Tag: United States

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Gulf markets mixed amid US ban on Russian oil

Major Gulf bourses traded mixed amid fears of a potential supply shock after the United States announced a ban on Russian oil imports. U.S....

Monzo abandons US banking license bid

British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence. This is after more than two years of...

Less social media, more socializing hits Pinterest as US user growth slows

Pinterest Inc said that the user growth in the United States was decelerating as people who used the platform for crafts and DIY projects...

White house to target bank mergers, financial data with competition order

President Joe Biden’s planned executive order to promote greater U.S. competition will target bank mergers by pushing the Federal Reserve and the Department of Justice to...

Pound extends fall after US inflation data lifts dollar

Sterling fell against the dollar after data showing the highest U.S. inflation in 13 years sent the greenback surging to a six-day high. The...

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