inflation

Santander UK, Virgin Money join firms helping staff with cost of living crisis

The British arm of Spanish lender Santander (SAN.MC) said on Tuesday it would award a 4% pay rise to around 11,000 UK-based…

3 years ago

Bank data shows U.S. consumer financial health holds up amid rising inflation

Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and…

3 years ago

Bank of America posts drop in quarterly profit as dealmaking slumps

Bank of America Corp (BAC.N) posted a nearly 34% drop in second-quarter profit on Monday, hit by a slump in investment banking…

3 years ago

TomTom sticks with revenue and cashflow guidance, giving shares a boost

Dutch digital mapping group TomTom (TOM2.AS) on Friday confirmed its revenue and cashflow guidance for 2022 and 2023, boosting its shares, after…

3 years ago

BlackRock misses profit estimates as market turbulence spooks investors

BlackRock Inc (BLK.N) posted a bigger-than-expected fall in quarterly profit on Friday as the turmoil in the global markets shrank the world's…

3 years ago

Stocks make recovery bid, hemmed in by weakening world economy

World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn,…

3 years ago

Futures fall with investors wary ahead of earnings

U.S. stock index futures fell on Monday, bracing for the start of the earnings season which could see profits come…

3 years ago

If history repeats itself, equities set for brief relief in July

If history is any indicator of the future, the first two weeks of July could bring relief to investors after…

3 years ago

EXCLUSIVE Germany to overhaul laws to allow energy bailouts – sources

Germany's government will have the power to take stakes in utilities and impose emergency levies on consumers under proposed legal…

3 years ago

Recession fears creep into ECB thinking at summer conference

European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital…

3 years ago