Bloomberg Wells Fargo & Co’s Tim Sloan warned investors that the firm’s net interest income (NII) would be less than analysts are predicting, and shares of the company dropped the most in more than a month. Fourth-quarter NII will be flat compared with the previous three months, when the bank collected $12.6 billion in interest, the chief executive officer said ...

Bloomberg Money-market traders, already having written off a hike at Wednesday’s Bank of Canada (BOC) meeting, are beginning to doubt that policy makers will pull the trigger next month either. While the Federal Reserve is widely expected to proceed with another quarter-point interest-rate increase in two weeks, overnight index swaps are pricing in just 16 basis points of tightening by ...

Bloomberg Airbus SE is set to renew a long-running battle with Boeing Co. to supply tanker planes to the US Air Force after partnering with American defense giant Lockheed Martin Corp. The companies said they’ve agreed to pitch Airbus’s A330 jetliner-based multi-role tanker transport, or MRTT, to plug a shortfall in the Air Force’s mid-air refueling capabilities and also develop ...