But, Mr. Carney noted, “there is some evidence that businesses are hesitating to bring in higher wage costs at a time of some uncertainty about market access and other costs

But, Mr. Carney noted, “there is some evidence that businesses are hesitating to bring in higher wage costs at a time of some uncertainty about market access and other costs
that would be associated with the process.” — AMIE TSANG
Concerns about terrorism, immigration and the coup in Turkey, as well as the uncertainty created by Britain’s vote to leave the European Union — a year of political
and economic turmoil hammered Emirates’s results, with profits falling 83 percent, the airline said.
The French bank Crédit Agricole said on Thursday that its profit more than tripled in the first quarter, driven in part by strong fixed-income trading by clients in the first three months of the year
and strong performance in LCL, its French retail banking business.
Movers: Emirates Hit by Trump Immigration Policy, Macy’s and Snap Slide -
By THE NEW YORK TIMESMAY 11, 2017
We’re following major developments in the markets throughout the day.
Not only did Snap record a $2.2 billion loss for the first quarter, its revenue was lighter than expected,
and the company disclosed that its user growth was decelerating sharply.
— CHAD BRAY and JACK EWING
Britain’s central bank opted to keep interest rates steady
and left its bond purchase program unchanged when its policy-setting committee met on Thursday.