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The Latest Breaking News from ING

Chinese virus cases climb, raise threat of trade disruption

Anti-virus controls have forced auto and electronics makers to shut factories in China and are raising risks of wider disruptions if the curbs spread to Chinese ports that are among the world’s busiest

The Independent UK

War in Ukraine disrupts key supply chains - and lives

It can be hard to measure the ways that Russia’s war in Ukraine has disrupted the global supply of parts and raw materials needed to manufacture products ranging from cars to computer chips

The Independent UK

Online groceries save time, money: survey

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

AAP

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Trading Wheat Futures In 2022 - What You Need To Know

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.

Benzinga

Oil rallies as US and UK announce bans on Russian oil imports – business live

Rolling coverage of the latest economic and financial news

The Guardian - UK

Bank seen reining in rate hikes amid Ukraine conflict despite inflation fears

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

The Independent UK

Stocks That Hit 52-Week Lows On Tuesday

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

Benzinga

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Russian central bank hikes rates and closes stock market as rouble crashes; oil and gas soar – as it happened

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

The Guardian - UK

Andrew Forrest pulls back on Russian investments, while BP will dump Rosneft stake and Norway divests

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.

ABC News

Bank of England chief urges banks to show restraint on bonuses; global stocks recover – as it happened

Bank of England’s Bailey says sanctions pose no risk to UK’s financial sector, as foreign secretary talks about Britain’s plans to stop Russia selling sovereign debt in London

The Guardian - UK

Sky is hiking its broadband charges by £43 a year

It comes as official figures today show the cost of living rose to another 30-year-high

Wales Online

UK pay growth lags behind inflation; company insolvencies rise – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Cost of living crisis hits household confidence; UK trade with Germany falls; FTSE 100 at two-year high – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK house prices hit record high but slowdown looms; eurozone bond yields rise – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Benzinga

Earnings Scheduled For February 3, 2022

Companies Reporting Before The Bell • Tuesday Morning (NASDAQ:TUEM) is likely to report earnings for its second quarter.

The Guardian - UK

UK factory output growth jumps; US job openings rise; record low eurozone unemployment – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Markets post worst month since 2020, as recovery slows and rate hike worries rise – business live

Rolling coverage of the latest economic and financial news

The Guardian - AU

Easy wins: round up savings for a pleasantly lucrative payday you didn’t have to think about

Gone are the coin jars of old, but there is a new and nearly effortless way to start saving what would have been spare change

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The Guardian - UK

UK factories plan price hikes; IMF backs support over energy prices – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Stock markets and bitcoin fall amid Ukraine worries and US interest rate rise fears – as it happened

Worries over Ukraine tensions and prospect of US interest rate rises hits stocks, wiping out FTSE 100’s early 2022 gains, before a late recovery on Wall Street

The Independent UK

Asian shares mostly lower, extending Wall Street losses

Shares are mostly lower in Asia after Wall Street logged its worst week since the pandemic began in 2020

The Guardian - UK

FTSE 100 posts biggest fall in eight weeks; UK retail sales hit by Omicron – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK inflation jumps to 30-year high of 5.4% as cost of living crisis deepens – as it happened

Food prices, furniture, clothes and housing costs rise; unions urge government to tackle cost of living crisis as pressure builds for February rate hike

The Independent UK

Pay rises failing to keep up with the cost of living, ONS figures show

Pressure is mounting on the government and the Bank of England to help ease the cost-of-living crisis

The Guardian - UK

Microsoft to buy Activision Blizzard in $68.7bn deal; UK real wages fall in cost of living crunch – as it happened

Rolling coverage of the latest economic and financial news

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