© Bloomberg. A worker carries chairs outside a bar in London, U.K., on Monday, June 14, 2021. U.K. Prime Minister Boris Johnson is preparing to delay his plan to lift England’s pandemic restrictions amid concerns that a rapid rise in Covid-19 cases could put hospitals under strain. (Bloomberg) — Prime Minister Boris Johnson pushed back…
© Reuters. FILE PHOTO: JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon NEW YORK (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in…
© Reuters. U.S. Inflation Expectations Rise to New Highs in N.Y. Fed Survey (Bloomberg) — U.S. consumers’ expectations for inflation over the medium term rose to an eight-year high in May, according to a Federal Reserve Bank of New York survey. The median survey respondent anticipated an inflation rate of 3.6% in three years, up…
© Reuters. British Prime Minister Boris Johnson, U.S. President Joe Biden, France’s President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japanese Prime Minister Yoshihide Suga, President of the European Council Charles Michel, Italian Prime Minister Ma By Elizabeth Piper and William Schomberg CARBIS BAY, England (Reuters) -G7 leaders agreed on Sunday to raise their contributions…
2/2 © Reuters. U.S. President Joe Biden holds a news conference at the end of the G7 summit, at Cornwall Airport Newquay, Britain, June 13, 2021. REUTERS/Kevin Lamarque 2/2 NEWQUAY, England (Reuters) – Western democracies are in a race to compete with autocratic governments, U.S. President Joe Biden said on Sunday. “We’re in a contest,…
© Reuters. FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter By Guy Faulconbridge and Steve Holland CARBIS BAY, England (Reuters) -Group of Seven leaders on Sunday scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and…
(Bloomberg) — Former U.S. Treasury Secretary Lawrence Summers said he didn’t expect the recent fall in bond yields although he maintained his view that the economy is overheating. “I didn’t anticipate the kind of decline in nominal yields that we’ve seen,” Summers told “Wall Street Week” with David Westin on Bloomberg Television. “I’m surprised. I…
© Reuters. FILE PHOTO: Russian President Vladimir Putin attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 4, 2021. Sputnik/Vladimir Smirnov/Kremlin via REUTERS WASHINGTON (Reuters) -Russian President Vladimir Putin, in an interview with NBC News ahead of his meeting with U.S. President Joe Biden next week, said U.S.-Russia…
© Reuters. FILE PHOTO: FILE PHOTO: A health worker talks to her colleagues as they prepare to receive the AstraZeneca/Oxford vaccine under the COVAX scheme against coronavirus disease (COVID-19) at the Kenyatta National Hospital in Nairobi, Kenya March 5, 2021. REUT By Duncan Miriri NAIROBI (Reuters) – Kenya has received a $750 million loan from…
© Reuters. FILE PHOTO: People walk at the Beijing’s central business district (CBD), on the day of the opening session of the National People’s Congress (NPC) in Beijing, China March 5, 2021. REUTERS/Tingshu Wang SHANGHAI (Reuters) – China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the…