Bank of England policy maker Catherine Mann signaled she’s likely to support further interest-rate increases to combat inflation, warning that investors are pricing in an ever larger premium into UK assets to account for future price shocks.
US consumers’ inflation expectations were mostly stable in August, but households grew more concerned about their finances and more pessimistic about the job market, according to a Federal Reserve Bank of New York survey.
Deutsche Bank AG is struggling to wind down complex foreign-exchange derivatives it sold to small companies in Spain after it decided to curtail the practice.
US executives drastically cut back on public discussions of workplace diversity last quarter, in the first earnings season since the Supreme Court’s ruling against affirmative action sent a chill through corporate boardrooms.
A backup plane and spare parts are en route to India for Canadian Prime Minister Justin Trudeau, who is stranded along with his country’s delegation at the Group of 20 summit after the plane they arrived on broke down.
Canadian Prime Minister Justin Trudeau is likely to fly out of New Delhi late Monday, after a technical glitch grounded his aircraft and forced him to extend his India visit.
Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap stocks.
Electricite de France SA and Masdar, the green energy company in the United Arab Emirates, won a 25-year contract to provide power and water to a resort complex Saudi Arabia is building on its Red Sea Coast.
Brazil is close to unseating the US to become the world’s biggest cotton exporter as Texas, America’s top producing region, buckles under searing heat and drought.
Morocco expects the International Monetary Fund and World Bank annual meetings due to take place in Marrakech next month to go ahead despite a major earthquake that’s left about 2,500 people dead.
