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Brazil swaps rise on bets inflation fight to delay rate cuts

  Bloomberg Brazil’s swap rates rose to the highest level in two months after the central bank said it sees no room to cut borrowing costs that are near a decade high as inflation hasn’t been moderating fast enough. Swap rates on the contract maturing January 2018 rose 0.06 percentage point to 12.88 percent at 10:35 a.m. in Sao Paulo. ...

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Americans worry about ‘super-human’ technologies

  Miami / AFP Futuristic technologies that promise to improve people’s strength and smarts by editing genes, implanting brain chips or super-charging blood have raised more concern than enthusiasm among Americans, a poll showed on Tuesday. The survey by the Pew Research Center included more than 4,700 US adults, and is considered a nationally representative sample. When asked about gene-editing, ...

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Commerzbank slumps as operative risk sinks capital

  Bloomberg Commerzbank AG dropped the most in a month after Germany’s second-largest bank disclosed an unexpected drop in a key measure of financial strength in the second quarter, hurt by higher operational risks such as legal expenses. The common equity Tier 1 ratio declined to 11.5 percent at the end of June, based on preliminary figures, from 12 percent ...

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