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UK plans ‘Green Day’ in response to Biden climate subsidies

BLOOMBERG The UK government will announce a raft of environmental policies by the end of March in response to US President Joe Biden’s massive package of green subsidies, several people familiar with the matter said. The plan has internally been titled “Green Day” and will include measures to protect jobs in British industries such as electric vehicle production, which may ...

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Stocks in India bounce back from the verge of correction

BLOOMBERG Stocks in India rebounded from the brink of a technical correction amid choppy trading as investors assessed the impact to local markets from the crisis at Credit Suisse group AG. The benchmark NSE Nifty 50 Index had slid as much as 0.7% on Thursday, taking its losses from an all-time high on December 1, 2022 to 10% before bouncing ...

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Stocks, futures steady as Credit Suisse woes ease

BLOOMBERG The turmoil on global financial markets eased on Thursday after regulators threw a lifeline to Credit Suisse Group AG, though signs of unrest persisted as volatility gauges remained elevated and overnight gains in US futures evaporated ahead of the European Central Bank’s rate decision. European stocks edged higher and Credit Suisse rallied the most in history at the open, ...

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