flash-finance

Bank of England Governor Andrew Bailey warned that governments may be left helpless in the event of another downturn as their firepower is sapped by weak growth and a series of severe shocks. "Fiscal policy can operate as a countercyclical tool of policy," Bailey said at an event in Turkey. "But if

NYSE Group President Lynn Martin says the exchange's open and close prices have become more robust and withstood volatility of all kinds, but she says that has not been the case with other exchanges in the past week. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)

IEA to accelerate oil reserve release, says 100 million barrels still to come Reuters

Accelerates Intermap’s technology roadmap into distributed edge processing and microservices, extending proven and secure AI/ML analytics across thousands of autonomous geospatial workflows

A selloff in Singapore bank shares deepened after JPMorgan Chase & Co. warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian lenders.

Yemen's Houthis say they attacked Riyadh airport with ballistic missile Reuters

Profits are taking an ever bigger share of the economy. Can it be sustained?

Fears of a blow-up similar to the Eurozone debt crisis have been overdone, asset managers say

AI is reshaping India’s six-million-strong IT workforce, slowing entry-level hiring at global capability centers and shifting demand toward workers who can deploy the technology and understand the business. Siddhi Nayak explains. (Source: Bloomberg)

Avaada Electro Ltd., the solar manufacturing arm of Avaada Group, is planning to launch an initial public offering as early as next month, according to people familiar with the matter.