Frankfurt / Reuters As the European Central Bank moves into an unfamiliar world of negative interest rates and incentives to encourage banks to make loans to businesses and consumers, a north-south divide is opening up between euro zone lenders. In the north, anaemic demand for loans and a financial system already flush with cash mean banks see mostly costs. They …

SINGAPORE/ reuters The U.S. economy remains on track for a gradual path of interest rate hikes and fears over the impact of a slowing global economy and bouts of financial volatility are overdone, San Francisco Federal Reserve President John Williams said on Tuesday. “Others’ economic fates do not spell our own,” Williams said in a speech at the National University …

Bloomberg Cemex SAB is staging its biggest rally in four years as the largest cement maker in the Americas gets a boost from cost cuts, U.S. sales gains and a rebound in the Mexican peso. Lower interest rates and taxes also will help the company boost free cash flow by $350 million this year, more than the previously targeted increase …