'P.R. job' or antidote to 'groupthink'? Bank of Canada to offer policy-meeting minutes By Steve Scherer OTTAWA, Jan 22 (Reuters) - The Bank of Canada will offer minutes from its policy-setting meeting this week for the first time in its history, a move some analysts say will help restore credibility lost last year amid soaring inflation and encourage out-of-the-box thinking.
COLUMN-Fed hangs tough as wage growth gets real again: Mike Dolan By Mike Dolan LONDON, Jan 20 (Reuters) - If markets are wondering why the Federal Reserve just won't play ball with their 'peak interest rate' pricing, the answer probably lies in the resumption of U.S. real wage growth. Investors were unnerved this week by Fed policymakers insisting the central bank would push on with plans to raise rates above 5% this year despite mounting evidence that disinflation has taken hold and the econom
AXA reduces aviation war cover after Ukraine losses, sources say By Noor Zainab Hussain, Jonathan Saul and Carolyn Cohn LONDON, Jan 19 (Reuters) - The commercial arm of French insurer AXA AXAF.PA is reducing cover offered to aviation companies as it seeks to protect the multibillion-euro business after heavy Ukraine-related losses, two underwriting and broking sources told Reuters.
* Banco BPM agrees insurance deal with Credit Agricole * Move reinforces link with top Banco BPM investor * Banco BPM could be pivotal in banking consolidation By Andrea Mandala, Sudip Kar-Gupta and Pablo Mayo Cerqueiro ROME/PARIS, Dec 23 (Reuters) - Credit Agricole CAGR.PA on Friday struck a long-term bancassurance partnership with Italy's Banco BPM BAMI.MI , strengthening ties with the country's number three lender, in which it is already the top investor.
* Concern other groups could join in attacks * Some insurers only cover works behind glass * Inflation will also drive premiums higher * Flood and fire damage risk add further pressure By Carolyn Cohn, Noor Zainab Hussain and Barbara Lewis LONDON, Nov 25 (Reuters) - Climate activists' attacks on some of the world's most precious paintings have added to insurers' worries about the threat to art from climate change itself, concerns seen as leading to higher art insurance premiums.
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