Chinese authorities said Friday that a suspected Beijing-operated spy balloon spotted hovering over sensitive U.S. airspace was in fact a civilian airship intended for scientific research.
The Bank of England governor on Thursday talked down expectations that it is readying to pause or pivot rate hikes, noting that there is still some way to go in taming inflation.
The European Central Bank is set to hike interest rates again on Thursday, with policymakers in Frankfurt shifting their focus to core inflation and trying to predict when sky-high consumer prices might fall.
While Gautam Adani received a vote of confidence from investors in its latest $2.5 public offering Tuesday, Wall Street is still sizing up his exposure to the global financial sector.
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