Mastercard’s dim forecast clouds profit beat on travel demand
Oct 27 (Reuters) – Mastercard Inc (MA.N) on Thursday pushed back against worries of a slowdown in consumer spending after a weaker-than-expected forecast for revenue...
“60/40” portfolios are facing worst returns in 100 years: BofA
LONDON, Oct 14 (Reuters) – Investors with classic “60/40” portfolios are facing the worst returns this year for a century, BofA Global Research said in...
Bank of England’s Bailey tells pension funds they have 3 days to rebalance
WASHINGTON, Oct 11 (Reuters) – Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British...
BoE doubles potential bond buy-backs as emergency plan nears end
LONDON, Oct 10 (Reuters) – The Bank of England sought to ease concerns about this week’s expiry of its programme designed to calm turmoil in...
IMF’s Georgieva says China, other big creditors must work to prevent debt ‘explosion’
International Monetary Fund chief Kristalina Georgieva meets Democratic Republic of Congo President Felix Tshisekedi in Kinshasa, Democratic Republic of Congo, December 8, 2021. REUTERS/ Hereward...
Analysis: U.S. yield curve flashing more warning signs of recession risks ahead
NEW YORK, July 27 (Reuters) – The U.S. government bond market is sending a fresh batch of signals that investors are increasingly convinced the Federal...
BlackRock cuts developed market stocks to underweight as economic outlook worsens
The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri Register...
Sri Lanka hikes rates in face of record inflation, despite economic contraction
People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte Register now for FREE...
Biden urges G7 to stay together as leaders target Russian gold, oil price
Biden says Russia has failed to split G7 Biden condemns ‘barbarism’ as missiles strike Kyiv Gold ban targets ‘Putin’s war machine’ – British PM Oil...
Central banks double down in fight against ‘galloping’ inflation
LONDON, June 9 (Reuters) – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get...