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Tag: Warns

Bank of England warns that higher rates ‘have yet to come through’

A member of the public walks through heavy rain near the Bank of England in May 2023.Dan Kitwood | Getty Images News | Getty ImagesLONDON — The Bank of England on Wednesday warned that although household finances are faring better than expected, higher...

Wells Fargo CEO warns of severance costs as layoffs loom

Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. Patrick T. Fallon | Afp | Getty ImagesWells Fargo...

Bill Gates warns the world is likely to overshoot 2 degrees of warming

Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission's Berlaymont headquarters in Brussels on October 11, 2023.Simon Wohlfahrt | Afp | Getty ImagesDubai, UNITED ARAB EMIRATES — Billionaire philanthropist Bill Gates on Friday said...

Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns

An intensifying bond rout is piling pressure on the global economy and creating a "tremendously dangerous" outlook for equities, the chief investment officer of Livermore Partners hedge fund said Friday.A new era of higher interest rates has caused bond yields to surge, hampering...

Singapore’s Temasek warns that fake agents in China are trying to sell scam investments

An undated photo of a signage at Singapore state investor Temasek Holdings' headquarters in the Southeast Asian city-state.Bryan van der Beek | Bloomberg | Getty ImagesSingapore's Temasek Holdings warned that scammers are allegedly trying to sell financial investment products or instruments to unsuspecting...