A rogue supplier has been misusing audio feeds from Bank of England (BoE) news conferences this year, the central bank said, giving traders access to potentially market-moving information seconds before rivals.
Rogue Bank of England supplier gave clients head start on briefings
The Bank of England (BoE) has admitted that a rogue supplier has been misusing feeds from its press briefings since earlier this year, giving high-speed traders access to potentially market-moving information seconds before rivals.
Exclusive: Freddie Mac offers early retirement to 25% of workforce – sources
Freddie Mac has offered early retirement to around 25% of its staff as it begins to overhaul its workforce amid a broader push by the Trump administration to reform the housing finance giant, according to four people briefed on the matter.
Bank of England to test climate risks at banks and insurers in 2021
Britain’s top banks and insurers should be tested together for the first time in 2021 to quantify the potential financial hit from climate change to their businesses, the Bank of England proposed on Wednesday.
Nifty, Sensex end higher; IT, metal stocks shine
Indian shares ended higher on Wednesday, after hitting record highs earlier in the session, boosted by metal, auto and information technology stocks.
Boeing’s 737 crisis deepens as production stops for first time in two decades
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020.
Boeing’s production pause will not end 737 Max cash burn – analysts
Boeing Co is expected to continue burning cash despite pausing production of its 737 MAX jet, as it will leave its workforce intact and likely provide support to suppliers, analysts said.
Global Markets: Asian stocks ride Wall Street wave to 18-month peak, pound slips
Santa came early to Asia’s stock markets on Tuesday as trade deal optimism, positive economic signals in China and Wall Street’s rally sent shares to an 18-month high, while familiar Brexit worries knocked sterling.
Global Markets: Asian shares jump on ‘phase one’ Sino-U.S. trade deal
Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there.
Sensex, Nifty tepid as investors await more details on trade deal
Indian shares pared early gains to trade little changed on Monday, as initial enthusiasm over a phase one Sino-U.S. trade pact gave way to concerns about the lack of concrete details on the agreement.