Rail strikes on Saturday are set to cause disruption to travel, capping off a week of widespread industrial action across the UK.

The European Central Bank went ahead with a planned half-point increase in interest rates but was silent on what may follow amid market turmoil that roiled Credit Suisse Group AG.

China saw its biggest gain in imports in a year last month, while a slide in exports decelerated, adding to evidence that the world’s second-largest economy is recovering from the impact of pandemic lockdowns.

UBS Group AG is exploring an acquisition of all or parts of Credit Suisse Group AG at the urging of Swiss regulators after its smaller rival was pummeled by a crisis of confidence, according to people with knowledge of the matter.