Text size Stock and bond trading will resume on Wall Street on Tuesday after Memorial Day. Ed Jones/AFP via Getty Images Global stocks and U.S. futures rose on Monday amid a quiet day for markets due to the Memorial Day Holiday. Investor sentiment was buoyed by fresh stimulus in China […]
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A dearth of IPOs, a plunge in stock prices and slowing global economic growth are clouding the outlook for revenue at global investment banks after pandemic spending by governments and central banks fueled a blockbuster 2021. Russia’s invasion of Ukraine and significant monetary tightening […]
By Tommy Wilkes LONDON, May 18 (Reuters) – A rebound in stocks ran out of steam on Wednesday as concerns about the economic growth outlook and rising inflation knocked sentiment, while a UK inflation reading of 9% underlined just how much higher interest rates might be headed. Asian stocks managed […]
There’s no sugarcoating the diagnosis: airlines are the biggest destroyer of value among all aviation subsectors. McKinsey’s analysis of the aviation value chain in 2020—our latest—paints a grim picture. All subsectors save freight forwarders and cargo airlines suffered huge losses (Exhibit […]