LONDON (Reuters) – Investors increased their bets on the Bank of England raising its benchmark rate by a full percentage…
Tapestry deepens push into China, undeterred by luxury market slump
By Casey Hall SHANGHAI (Reuters) -Baoji, an industrial city in northwest China with a population of 3 million, doesn’t conform…
European banks cash in on rising rates as clouds gather
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing risks…
Google agrees to compliance reforms to prevent search warrant data loss
By David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department said on Tuesday it had reached an agreement with Alphabet Inc’s…
India orders Google to allow third-party payments, slaps on another fine
By Praveen Paramasivam and Aditya Kalra NEW DELHI (Reuters) -Alphabet Inc’s Google should not restrict app developers from using third-party…
StanChart surprises with 40% profit jump, ups income goal on rising rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest rates boosted the…
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a…
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) – British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his…
Poor corporate report cards in U.S., Asia point to economic pain
By Eva Mathews, Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. companies from tech giants Alphabet and Microsoft to GE…
Marketmind: Dancing in the dark
A look at the day ahead in European and global markets from Vidya Ranganathan The Federal Reserve’s blackout period has…