Millions of British borrowers repeatedly missed payments on bills in the six months to January amid the steep surge in the cost of living and higher interest rates, a survey from the Financial Conduct Authority regulator showed on Tuesday.
First International Bank of Israel (FIBI) reported on Wednesday that its first-quarter net profit nearly doubled, and said it would distribute 35% of it as dividend.
Permits for future U.S. single-family homebuilding jumped to a seven-month high in April, giving the struggling housing market a boost, but tightening credit conditions could make it difficult for builders to get finance for new projects.
Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while exiting investments in four other stocks, as the company run by Warren Buffett cut back its exposure to equities.
Some 1.6 million British households are yet to face a 2,300 pound surge ($2,903) on average when their fixed-rate mortgages roll over this year and next, a report from the REsolution Foundation showed on Saturday.