Bank of England holds interest rate at five pct

The Bank of England on Thursday kept interest rates steady at five percent, a month after cutting them for the first time since March 2020.

The Monetary Policy Committee (MPC) of the central bank said in a statement that eight of its nine members vo…

Oil prices rise despite concerns about global demand

Oil prices rose on Thursday after a significant cut in US interest rates, while concerns about global demand remained, which limited gains.

Brent crude futures for November delivery rose 36 cents, or 0.5 %, to $74.01 a barrel. West Texas Intermediate…

US mortgage rates continue to decline

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said the mortgage rates have been sliding down towards a record low since the start of the last year thanks to improvement of economy and low interest rates.

“Mortgage rates …

Diamond League Athletics Announces Increase in Prize Money

The organizers of the Diamond League Athletics has announced an increase in the prize money for athletes to record levels, starting from the next season 2025.

The organizers said in a statement Wednesday that the total new prize money will amount to …

Diamond League Athletics Announces Increase in Prize Money

The organizers of the Diamond League Athletics has announced an increase in the prize money for athletes to record levels, starting from the next season 2025.

The organizers said in a statement Wednesday that the total new prize money will amount to …