PARIS (Reuters) – Inflation should reach its peak in France and in Europe by the first half of next year,…
Morgan Stanley international head Petitgas to step down, stay as adviser
By Manya Saini and Saeed Azhar (Reuters) – Veteran Morgan Stanley executive Franck Petitgas will step down from his role…
Bank of Israel says to raise rates more than expected amid high inflation
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) – The Bank of Israel on Monday raised its benchmark interest rate…
BlackRock increases investment grade credit overweight
NEW YORK (Reuters) -Asset manager BlackRock said on Monday it had increased its strategic overweight on investment grade credit due…
Factbox-Aircraft lessors sue insurers for $6.5 billion over trapped Russian planes
LONDON (Reuters) – Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits…
Broadcom’s $61 billion deal for VMware on UK regulator’s radar
(Reuters) -Britain’s competition regulator said on Monday it was looking into whether U.S. chipmaker Broadcom Inc’s $61 billion acquisition of…
Merck to buy Imago for $1.35 billion to broaden portfolio of blood disorder drugs
By Raghav Mahobe (Reuters) -Merck & Co Inc said on Monday it will acquire cancer drug developer Imago BioSciences Inc…
JP Morgan remains world’s biggest systemically important bank
LONDON (Reuters) -JP Morgan remains the world’s most systemically important bank according to the latest rankings from the G20’s Financial…
Hungary caps interest rates on large commercial bank deposits
BUDAPEST (Reuters) -Commercial banks in Hungary cannot pay an interest rate higher than the three-month discount bill yield on deposits…
Aviation execs worry about demand as post-pandemic honeymoon ends
By Sarah Young LONDON (Reuters) -The outlook for airlines has darkened as the post-pandemic boom in travel wears off and…