Bloomberg Itau Unibanco Holding SA, Banco Bradesco SA and Brazil’s other major banks are expected to post their first quarter-over-quarter decline in bad-loan provisions in at least a year when they report results in coming days. The good news will probably be short-lived. “The provision decrease doesn’t mean a credit-quality improvement,” Andre Riva, an analyst at GBM Grupo Bursatil ...

  A month has passed since the U.K. voted to leave the European Union. While that’s nowhere near long enough for all of the economic aftershocks of Brexit to fully manifest, the evidence thus far suggests grounds for optimism. The FTSE 100 Index of the biggest U.K. companies, which dropped 3.15 percent on the day after the referendum, is now ...

  Undoubtedly, Bangalore is still the number one IT/ITeS outsourcing location in the world, as noted by an Economic Times article quoting a 2014 survey of the top 100 IT locations. It’s not difficult to see why — the city not only boasts the highest number of startups, but also has an ecosystem that supports the startup culture. It has ...