British Land Co. lost its blue-chip status after more than two decades in the FTSE 100 index as soaring interest rates roil the UK commercial property market.
The London Metal Exchange is planning to make its process of setting end-of-day prices more predictable, a move that could favor algorithmic traders over more traditional brokers.
BlackRock Inc. Chief Executive Officer Larry Fink said stubbornly high inflation will force the Federal Reserve to raise interest rates two to four more times.
A monthly drop in Chile’s copper production shows the top-producing nation has yet to resolve recent supply wobbles in a much-needed boost to a global market hurt by disappointing Chinese demand.
Johnson Matthey Plc is planning the sale of its medical device components business as the British industrial conglomerate streamlines its portfolio of assets, according to people familiar with the matter.
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