rattle

Skyrocketing government debt could rattle global financial markets, BIS head warns

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Rising sovereign debt could disrupt global financial markets, the head of the body that advises central banks said on Sunday ahead of France’s high-stakes parliamentary elections. Agustín Carstens, chief executive of the Bank for International Settlements (BIS), said the global economy was heading for a “soft landing” after the inflation crisis, but he warned that … Read more

Nike shares tumble as sell warnings rattle retailers

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shares in Nike fell sharply on Friday after the world’s largest sportswear maker by revenue warned that sales would fall this year, roiling shares of companies including JD Sports and Foot Locker. Nike reported weaker-than-expected … Read more