BMO Capital Markets Cuts About 100 Jobs With Deals Drying Up
Bank of Montreal’s capital markets unit is cutting about 100 positions, or 3.5% of the division’s staff, in
2023-06-29 01:46
BlackRock Joins AI Mania, Calling It a Potential ‘Mega Force’
BlackRock Inc. is betting on the AI boom as it latches onto the promise of productivity gains from
2023-06-29 00:28
Powell Signals Fed Open to Two Straight Hikes at Coming Meetings
Federal Reserve Chair Jerome Powell signaled policymakers could potentially raise interest rates in July and September to curb
2023-06-28 22:54
Thames Water’s Debt Woes Raise Specter of UK’s Energy Crisis
The UK is facing a potential water sector crisis as it considers a temporary takeover of Thames Water
2023-06-28 19:52
UK Pension Funds Called On to Review Large Oil, Gas Holdings
UK pension funds are dangerously misaligned with the goal of reducing greenhouse gas emissions fast enough to limit
2023-06-28 19:26
Analysis-US bond investors eked out positive returns, see better second half year
By Davide Barbuscia NEW YORK U.S. government bond investors have racked up positive returns so far this year,
2023-06-28 18:21
UK Considers Nationalization of Thames Water as Bonds Tumble
Britain’s biggest water supplier, Thames Water, is in talks with officials over contingency plans including a temporary nationalization
2023-06-28 17:56
South Africa Central Bank Governor Sees Rates Higher for Longer
South Africa’s central bank will keep monetary policy tight for longer to tame persistent inflation, Governor Lesetja Kganyago
2023-06-28 17:18
ECB’s Guindos Says September Rate-Hike Decision Is ‘Open’
European Central Bank Vice President Luis de Guindos said that while another interest-rate increase next month is all
2023-06-28 15:54
Some ECB Officials Weigh Faster Reduction of Bond Portfolio
Some hawkish European Central Bank officials are pondering options to speed up the reduction of the institution’s €5
2023-06-28 13:26
China Sidesteps Yuan Support After Currency Pulls Back From Lows
China stood back from supporting the yuan for a third day, triggering a modest pullback, in a sign
2023-06-28 11:20
China Likely to Ramp Up Monetary, Fiscal Stimulus, Survey Shows
China is expected to cut interest rates again this year and ramp up fiscal stimulus to spur a
2023-06-28 11:17