Tag: Financial services

Multilateral banks are key to financing the fight against global warming. Here is how they work

As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new...

Stock market today: Asian shares gain after US Fed cuts interest rates

HONG KONG -- Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure...

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

STOCKHOLM -- Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described...

Bank of England is set to cut interest rates despite potential new inflation worries

LONDON -- The Bank of England is set to cut interest rates later Thursday for the second time in three months, as inflation...

Federal Reserve is set to cut interest rates again as post-election uncertainty grows

WASHINGTON -- Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady...

CVS Health Q3 profit misses estimates, company names new leaders at 2 divisions

CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO...