BlackRock puts Italy head in charge of southern Europe
MILAN (Reuters) – BlackRock, the world’s biggest asset manager, has named Giovanni Sandri, its current head of Italy, as head…
Business
Barclays hires McDavid as equities head from Morgan Stanley
LONDON (Reuters) -Barclays has appointed a Morgan Stanley veteran Scott McDavid as its new global head of equities, the British…
Fed’s Logan: Discount window operations need to keep pace with speed of banking
RICHMOND, Virginia (Reuters) – U.S. banks should be prepared to borrow regularly from the Federal Reserve’s discount window, while the…
IMF chief hopes U.S. debt ceiling deal will come before ’11th hour’
LONDON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world economy would not…
China plans for ‘Jing-Jin-Ji’ world-class industrial cluster
BEIJING (Reuters) – China plans to build world-class advanced factory clusters in the Beijing-Tianjin-Hebei region focused on products such as…
Brazil stocks to keep drifting higher on mixed company results: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazilian stocks are expected to keep drifting higher this…
Weakest European firms face highest amount of maturing debt since 2015 – DB
By Chiara Elisei LONDON (Reuters) – The share of lower-rated European junk debt coming due within the next three years…
IMF says Britain no longer faces recession this year
By David Milliken and Sarah Young LONDON (Reuters) -The International Monetary Fund no longer expects a recession in Britain this…
BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge
By William Schomberg and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central…
Auto parts retailer AutoZone misses Q3 sales estimates on inventory pile-up
(Reuters) – Auto parts retailer AutoZone Inc missed expectations for third-quarter net sales on Tuesday, as increased prices of automobile…