Bank of England’s Carney hints again at more stimulus after Brexit
LONDON (Reuters) – Bank of England Governor Mark Carney said on Tuesday that a hit to Britain’s economy from last month’s decision by voters to leave the European Union could prompt the Bank to act, hinting again that more stimulus is on the way.
U.S. business wants slow Brexit, investment to dry up: lobby
ISTANBUL (Reuters) – U.S. businesses, Britain’s biggest foreign investors, largely factored in the vote to leave the European Union and now want to see exit talks progress slowly, a top executive at the U.S. Chamber of Commerce said.
Global stocks outlook dims with risk aversion on the rise again: Reuters poll
LONDON/BENGALURU (Reuters) – Optimism about stock market performance this year has wilted, with investors fretting about the global economy and unexpected shocks likely to condemn most key indices to a weaker performance than thought just a few months …
Airbus races to close AirAsia deal for 100 jets
FARNBOROUGH, England (Reuters) – Airbus struck a preliminary deal to sell 72 single-aisle jets to India’s GoAir on Tuesday and was negotiating over the sale of 100 more to another Asian airline to try to seize the initiative at a rain-soaked Farnboroug…
Iranian central bank, U.S. Treasury, international banks to meet in London: UK’s Hammond
LONDON (Reuters) – A meeting will take place in London on Tuesday between the Iranian central bank, the U.S. Treasury and international banks to discuss U.S. sanctions, British Foreign Secretary Philip Hammond said.
Global stocks, sterling rally on stimulus hopes
LONDON (Reuters) – European shares were on track for a fourth straight day of gains and the yen broke below its post-Brexit low on Tuesday as easing political tensions in Britain, stimulus hopes and a record high close for U.S. stocks boosted risk appe…
Wells Fargo joins FX settlement system CLS
LONDON (Reuters) – U.S. bank Wells Fargo has joined the more than 60 banks worldwide that process currency transactions directly through the settlement systems run by U.S.-based lender CLS, the two banks said in a statement on Tuesday.
Citibank to close certain Venezuela accounts
(Reuters) – Citigroup Inc said its unit will stop correspondent banking and servicing of certain accounts in Venezuela.
Workers Party deals drove rise and fall of OAS, Brazil builders
SAO PAULO (Reuters) – On Christmas Day 2014, in an empty São Paulo office building, four senior executives at engineering firm Grupo OAS SA set in motion a corporate bankruptcy that is helping reshape Brazil Inc.
Exclusive: Japan government to cut inflation forecasts, gloomier on outlook than BOJ
TOKYO (Reuters) – Japan’s government is expected to cut its consumer inflation forecast for the current fiscal year and produce an estimate for fiscal 2017 that is much lower than the central bank’s 2 percent target, government sources told Reuters on …
