By Christian Kraemer BERLIN (Reuters) – IMF chief Kristalina Georgieva said on Wednesday she expects new Prime Minister Rishi Sunak…
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…
Marketmind: Consumer drain as banks gain
A look at the day ahead in U.S. and global markets from Mike Dolan. This year’s inflation and interest rate…
Reckitt flags pressure on consumers as volumes decline
By Richa Naidu LONDON (Reuters) -Reckitt Benckiser, maker of Dettol cleaning products and Durex condoms, on Wednesday reported a decline…
Santander’s higher provisions and costs overshadow Q3 beat
By Jesús Aguado MADRID (Reuters) – Higher loan loss provisions in some of Santander’s key markets, such as Brazil and…
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…
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…
HSBC’s direction in question after Elhedery’s sprint to CEO contender
By Lawrence White, Sinead Cruise and Anshuman Daga LONDON/SINGAPORE (Reuters) -Georges Elhedery’s appointment as HSBC’s chief financial officer caps a…
Global firms urge governments to require mandatory disclosures on nature
By Juliette Portala (Reuters) – Over 330 businesses on Wednesday urged world leaders to force large companies to assess and…
Cryptoverse: British pound fiasco boosts bitcoin’s hedge appeal
By Lisa Pauline Mattackal (Reuters) – As a developed nation, you know your currency’s in a spot of bother when…