European shares drop as policymakers seek to tame hot inflation
European shares dropped on Monday, while bond yields surged as comments from central bank policymakers heightened fears of aggressive measures to stamp out inflation amid rising risks of a recession.
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 largest asset manager’s fee income.
