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BOE sees better wage growth as hiring difficulties worsen

Bloomberg British pay packets are starting to pick up as the availability of workers declines, according to a network of businesses across the country monitored by the Bank of England. Pay growth has edged up recently and is expected to be somewhat higher in 2018 than this year, the BOE said in its Agents’ Summary. Settlements next year will likely ...

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Credit Agricole’s Q3 trading slump mirrors SocGen

Bloomberg Credit Agricole SA’s slump in third-quarter trading revenue rivaled that of Societe Generale SA as the French lender paid for its focus on bond markets. Sales from trading fell 28 percent to 462 million euros ($535 million), Credit Agricole, based in a Paris suburb, said in a statement on Wednesday. It posted one of the weakest trading quarters of ...

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Southwest eyes Hawaii’s island-hopping routes

Bloomberg Once Southwest Airlines Co. starts flying to Hawaii next year, it may well add a compelling wrinkle to its schedule: flights between the islands. The carrier is mulling whether to include some in-state travel along with its trans-Pacific routes, which the company plans to offer starting next year. Southwest Chief Executive Officer Gary Kelly said that island-hopping flights are ...

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