Federal Reserve Governor Christopher Waller said there’s no need for central bankers to pay special attention to risks to the financial system from climate change because there’s not an obvious danger to financial stability.
One of the world’s biggest bond investors is limiting its exposure to Pemex debt out of concern that government support for the state driller will dry up once Mexico’s oil-friendly president is out of office.
BlackRock Inc. and funds managed by Dutch pension firms were net buyers of Colombian local debt last month, when that market saw net inflows of 1.4 trillion pesos ($309 million).
The Biden administration is cracking down on planet-warming pollution from the US electric sector with proposed requirements that would force the nation’s coal plants and largest gas-fired units to stifle nearly all their carbon dioxide emissions.
The Bank of England’s forecasts for the UK economy have evolved so radically over the past six months that they have sown confusion and forced it to answer questions about its credibility.
An experimental skin patch for toddlers with peanut allergies helped ease reactions in a late-stage clinical trial that appears to offer positive results for a much-needed product long in development.
French prosecutors are seeking a trial for former President Nicolas Sarkozy related to allegations that Libya illegally provided funding for his 2007 campaign.
Former Bank of England policy maker Michael Saunders said Britain’s inflation rate is likely to drop well below the central bank’s expectations, opening the possibility that interest rates have already peaked.
French President Emmanuel Macron unveiled measures to spur a reversal of the country’s industrial decline as he seeks to respond to massive US aid for its green sectors and rebuild his political fortunes at home.
Activision Blizzard Inc., one of several video-game companies accused of gender discrimination in recent years, said it has made progress in hiring more female employees. Rival Riot Games Inc. has also reported gains.
