3+ hour, 34+ min ago  (516+ words) The Bank of England said on Wednesday that the Iran war had dealt "a substantial negative supply shock" to the world economy, increasing the danger that pre-existing threats to financial stability materialize. The BoE said the prospect of weaker growth…...

23+ hour, 55+ min ago  (379+ words) European insurance watchdogs are taking a closer look at how the industry values its investments in private credit amid widespread concerns about the asset class. Authorities in France and Germany are among those to recently step up their scrutiny, according…...

1+ week, 23+ hour ago  (193+ words) The US investment-grade bond market reopened Monday following a three-session pause in activity, as concerns over the Iran conflict ease. Six firms raised a combined $7 billion from high-grade debt offerings, after President Donald Trump said he would postpone strikes on…...

1+ week, 5+ day ago  (511+ words) The UK's city minister will visit European capitals next week in a push to deepen ties with the European Union on financial services as Chancellor of the Exchequer Rachel Reeves seeks to spur economic growth domestically. Lucy Rigby will meet…...

2+ week, 1+ day ago  (427+ words) The outbreak of hostilities in the Middle East and surging energy costs are expected to exacerbate soaring levels of financial distress among European corporates, according to Alvarez & Marsal Inc. Even before the US and Israel began their attacks on Iran…...

4+ week, 6+ hour ago  (616+ words) President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it " at best " as only a partial solution to a historic…...

1+ mon, 1+ week ago  (466+ words) British entrepreneurship appears to be on the rise, with tens of thousands of new businesses popping up. The problem, for workers, is that these startups are increasingly using artificial intelligence and freelancers instead of taking on permanent staff. New firms…...

1+ mon, 1+ week ago  (845+ words) A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. Claims tied to SRCC " strikes, riots and civil commotion " are emerging as a growing headache…...

2+ mon, 6+ day ago  (680+ words) The UK is losing more jobs than it's creating because of artificial intelligence " and at a faster rate than its international peers. That's according to research by Morgan Stanley that found the significant benefits to firms adopting the technology are…...

2+ mon, 1+ week ago  (282+ words) Only three in 10 chief executives are confident in their companies" revenue growth prospects over the next year, the lowest level in five years, according to a global survey by professional services group PwC released on Monday. The annual survey of…...