Kenya's economy is forecast to
grow 6.2% this year, up from 5.7% last year, central bank
governor Patrick Njoroge said on Tuesday, as regional trade
shields Kenya from the effects of a global downturn.
U.S. homebuilder PulteGroup Inc's
better-than-expected quarterly results on Tuesday reinforced a
recovery in the U.S. housing market, led by lower prices and
mortgage rates, sending shares up about 3% in premarket trade.
Britain's banks have two weeks to
explain changes to their overdraft pricing that will leave about
8 million consumers worse off, the Financial Conduct Authority
(FCA) said, warning that those causing harm will face regulatory
Italy's UBI is set to extend an
insurance partnership with Cattolica for a limited
time, sources familiar with the matter said, delaying
longer-term decisions while it waits to see how consolidation
among mid-sized banks plays out.
A public inquiry into the 2017
fire at London's Grenfell Tower, which killed 72 people, began
to zero in on Monday on how the densely populated social housing
block was allowed to become a tinder box and who was to blame.