Matt Clinch

Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a monetary

U.K. leader Rishi Sunak's Conservative Party suffered significant losses at a flurry of local election results overnight.

Japanese Finance Minister Shunichi Suzuki declined to comment when asked whether current levels for the yen were appropriate.

LONDON — European markets are set to advance Monday as traders continue to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.

U.S. Treasury yields were lower Monday, continuing a fall after Friday's April jobs report showed weaker-than-expected payrolls growth and an unexpected tick higher in unemployment.

The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring measures."

LONDON — European markets closed higher on Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.

Problems with manufacturing faults at Siemens Gamesa forced the parent company to a 4.6 billion euro loss for the fiscal year.

LONDON — Bank of England Governor Andrew Bailey on Thursday played down any political pressure received by his institution, confirming that a rate cut immediately before a General Election wouldn't be out of the question.

Bank of England Governor Andrew Bailey on Thursday played down any political pressure received by his institution.