Barclays Shares Drop as UK Lender Signals End of Rates Boom
Barclays Plc shares fell after the lender cut its guidance for net interest margin at its retail bank, a potential drag on earnings as rate rises come to an end.
Barclays Plc shares fell after the lender cut its guidance for net interest margin at its retail bank, a potential drag on earnings as rate rises come to an end.
Greece’s wildfires are burning through the country’s natural carbon sinks in the latest sign of how heat waves have the potential to undermine a key climate change solution.
Britain’s wealthy parents are passing onto their children a 10-year advantage in buying property, research from the Bank of England showed, adding to concerns about “inheritocracy” in the bid for people to own a home.
The head of Niger’s armed forces said he endorsed a declaration by troops who announced overnight they’ve seized power after detaining the country’s president, Mohamed Bazoum, Agence France-Presse reported.
Emirates Steel Arkan is walking away from a potential investment in Thyssenkrupp AG’s steel arm, dealing a fresh blow to the German conglomerate’s plans to offload the struggling operations, people with knowledge of the matter said.
European natural gas prices extended their decline as Shell Plc said strong fuel inventories are a positive sign for the region ahead of winter.
Honeywell International Inc.’s profit topped analysts’ expectations as the rebound in air travel and the energy industry drove demand. The company raised the lower end of its annual earnings and sales forecast.
Abrdn Plc appointed Aviva Plc veteran Jason Windsor as its new chief financial officer following the departure of Stephanie Bruce earlier this year.
Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings Inc., because of a combination of high price demands from some investors and a weak market for deals, Chief Executive Officer Jitse Groen said.