A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty Images LONDON — The Bank of England on Thursday voted narrowly to hold interest rates steady. Out of the BOE’s nine-member monetary policyRead More →
European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region. The Pan-European Stoxx 600 was 1.5% lower at 11:30 a.m. in London (6:30 a.m. ET), with all major indexes and sectors in negative territory. The U.K.’s FTSE index was 1.3% lower,Read More →
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank said Thursday that tariffs on goods to the U.S. present a “major challenge” for exporters, with its economy set to take a hit. The country hasRead More →
Fund said decision against Caterpillar and five Israeli banks due to their contribution ‘to serious violations of rights in situations of war and conflict’. Norway’s $2-trillion wealth fund, the largest in the world, has divested from US construction equipment giant Caterpillar over the firm’s purported involvement in rights violations perpetratedRead More →
Bank of America said there are several quality stocks that offer plenty of upside. The Wall Street investment bank said companies including Levi Strauss are well positioned for growth.. Other buy-rated stocks the firm is bullish on include TKO, Live Nation, TransDigm and PACCAR . Levi Strauss The denim companyRead More →
The far-right minister said he will approve 3,000 new homes in the controversial E1 area project, hailing it as ‘Zionism at its best’. Israel’s far-right Finance Minister Bezalel Smotrich has announced he will approve thousands of housing units in a highly controversial and long-delayed illegal settlement project in the occupiedRead More →
European defense stocks could be set for another big tailwind, according to an analyst who says the sector is about to see a surge in demand from one particular pocket of the market. Speaking to CNBC’s “Squawk Box Europe” on Thursday, Ben Heelan, Bank of America’s head of EU industrialsRead More →
Markets expect Bank of England to hold rates steady General view of the Bank of England and the Bank of England’s Prudential Regulation Authority (PRA) in March 2025. Sopa Images | Lightrocket | Getty Images Markets are now pricing in a more-than 90% probability the Bank of England keeps ratesRead More →
Bank of America is sticking by Emerson Electric after a postearnings sell-off, as the company could benefit from manufacturing shifting back to the U.S. Emerson Electric’s fiscal third-quarter results were mixed, hurt by weaker-than-expected sales. The company, which makes autonomous technology and industrial goods, lowered its full-year outlook and nowRead More →
Bank of England, the Royal Exchange and the statue of the Duke of Wellington in the City of London on 19th February 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The Bank of England voted by a fine margin to cut interest rates from 4.25% to 4%Read More →
