Lloyd's 'devastated' at sexual misconduct report

Lloyd's 'devastated' at sexual misconduct report

18 September 2019 Image copyright Getty Images Lloyd's of London's boss has said he was "devastated" by a report detailing evidence of sexual harassment and assault against women at the company.Chief executive John Neal admitted that when he saw an investigation by Bloomberg: "We thought there...

Bridgend site to produce Land Rover-inspired Ineos 4x4

Bridgend site to produce Land Rover-inspired Ineos 4x4

18 September 2019 comments Related Topics Ford Bridgend closure Image copyright Ineos Image caption Ineos says the new Bridgend plant will employ 500 people and produce 25,000 cars a year Ineos Automotive has chosen Bridgend for the production of its new 4x4 vehicle, it has been announced.It is...

Cobham: National security fears threaten defence takeover

Cobham: National security fears threaten defence takeover

18 September 2019 Image copyright Cobham The government is to intervene in a US private equity firm's takeover of UK defence and aerospace firm Cobham, citing national security concerns.Advent International made a £4bn offer to buy Cobham in July and shareholders approved the deal last...

US Fed cuts interest rates for second time since 2008

US Fed cuts interest rates for second time since 2008

18 September 2019 Image copyright EPA Image caption Chairman Jerome Powell voted in favour of the cut The US central bank has cut interest rates for only the second time since 2008, amid concerns about slowing global growth and trade wars. As expected the Federal Reserve lowered the target range...

The traditional stock-bond correlation disappeared in 2018

The traditional stock-bond correlation disappeared in 2018

A time-tested relationship between stocks and bonds is breaking apart, and that could portend danger for investors who held Treasurys in the expectation that they would cushion the slide in stocks. Usually, the S&P 500 SPX, +0.72% and the 10-year Treasury note yield TMUBMUSD10Y, -1.09% have tracked...

Investor Hopes for Cheaper Money in Europe Dim

Investor Hopes for Cheaper Money in Europe Dim

Economists broadly count on the ECB on Thursday to cut back its key deposit charge by at the least 10 foundation factors, or a 10th of a share level, from the present stage of minus 0.4%. However expectations for the scale of the month-to-month bond-purchase program which may even be introduced...