The Latest Breaking News from ING

China's leaders are trying to fine-tune their “zero tolerance” COVID strategy to rein in job losses and other costs to the world’s second-largest economy

Call comes as thinktank says the world’s 30 largest financial institutions are undermining their net zero targets

A national survey commissioned by ING bank has found savvy shoppers are trading traditional grocery isles for online convenience.

Fears of the impact of Russia-Ukraine war on global inflation and recession have escalated in recent weeks and another major issue looming over the horizon are concerns that the conflict could result in a hunger crisis as both countries account for over a quarter of the world’s wheat exports.

Rolling coverage of the latest economic and financial news

ING experts said there had been a ‘massive’ re-pricing of UK interest rates by financial markets due to Russia’s invasion of Ukraine.

    During Tuesday's trading, 98 companies set new 52-week lows.

Commodities including wheat and aluminium surge and European stocks slide as markets respond to wider sanctions on Russia

Russia is being dealt more financial blows, with Australian billionaire Andrew Forrest pulling back on hydrogen investments there, while oil giant BP and Norway's sovereign wealth fund are also divesting from the country.