The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its 13th consecutive increase.

General Electric’s aerospace unit signed an agreement with India’s state-owned Hindustan Aeronautics to make fighter jet engines for the Indian Air Force.

The rate hike is Turkey’s first since March 2021.

Tesla stock is downgraded by Morgan Stanley in the second such move by a major analyst in 2 days.

A new Senate bill seeks to limit the power of unions by revising federal labor law and targets worker practices that led to recent West Coast port slowdowns.

The firm downgraded shares of the aluminum producer to underweight from equal weight Wednesday.

E-commerce discounter Overstock.com will buy Bed Bath & Beyond’s intellectual property and digital assets for $21.5 million.

The 25-basis-point rate hike by the SNB is the fifth rise since it began moving rates out of negative territory, though it had opted for 50-basis-point rises.

Anheuser-Busch’s U.S.-listed shares are down nearly 15% in the second quarter, driven largely by consumers fleeing the Bud Light brand.

Santos, the scandal-plagued freshman Republican congressman from New York, was indicted on 13 counts including money laundering and wire fraud.