S&P 500 - % Dow - % Nasdaq - %Britain’s economy grew for the fourth straight month, but more slowly than expected. Lloyd’s of London estimates that the space insurance market has averaged $500 million in annual premium payments over the past decade. When commercial banks accept customers’ deposits, they are typically required to park a small share of the money at their country’s central bank. The exact ratio varies with the size of the bank, but the average will be 8.9 percent after next Thursday, the central bank said. The central bank encouraged commercial banks to lend more to smaller businesses.

Source: International New York Times July 09, 2021 11:17 UTC