Bloomberg The Bank of England presented a fresh downbeat assessment of the UK economy, highlighting slower consumer spending and weak wage growth, reinforcing the view that an interest-rate increase is far from imminent. A report by the BOE’s regional agents published on Wednesday said that the initial impact of the weaker pound on prices may be almost done, goods-price inflation ...

Bloomberg A gain from selling Asian private-banking assets and an expanding Dutch economy helped ABN Amro Group NV reinforce its capital position and more than double quarterly profit. Net income in the three months through June rose to $1.13 billion from 391 million euros a year earlier, the Amsterdam-based bank said on Wednesday. That beat the 762 million-euro average estimate ...

Bloomberg Airlines are continuing to pull out of Venezuela, and this time it’s not just about trapped cash but a whole series of grievances including staff held up at gun point, luggage theft, poor runway maintenance and low quality jet fuel. United Airlines, Avianca and Delta Air Lines have either stopped flying to Venezuela or said they would leave the ...