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Search resuls for: "Jenni Reid Hannah Ward-Glenton"


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☆ European markets expected to open lower after central bank rate hike and flurry of earnings reports
  + stars: | 2022-10-28 | by ( Jenni Reid Hannah Ward-Glenton | Jenni Reid | Hannah Ward-Glenton | ) www.cnbc.com   time to read: 1 min
Bank of America CEO Brian Moynihan will give an exclusive live interview on CNBC's "Squawk Box Europe" at 8.00 a.m. London time. The bank released its third-quarter earnings on Oct. 17 and stressed that the resilience of the U.S. consumer was a reason to lower concerns for an economic recession. You can watch the interview live on CNBC here. — Hannah Ward-Glenton
☆ UK Prime Minister Liz Truss resigns after failed budget and market turmoil
  + stars: | 2022-10-20 | by ( Jenni Reid Hannah Ward-Glenton | Jenni Reid | Hannah Ward-Glenton | ) www.cnbc.com   time to read: +4 min
Prime Minister Liz Truss announces her resignation at 10 Downing Street on October 20, 2022 in London, England. Leon Neal | Getty ImagesLONDON — U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party. "I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to announce that I am resigning as leader of the Conservative Party." The number who have written letters to Brady expressing no confidence in the prime minister was reported to be over 100 by Thursday.
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