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No conditions for Polish rate cuts until end of 2025, says c.banker Kotecki
WARSAW (Reuters) - Conditions will not be right for cutting interest rates in Poland until the end of 2025, central banker Ludwik Kotecki said on Thursday, as market participants speculated on when th...
Syndicated Content Mar 16, 2023
Canada’s Couche-Tard in talks on $3.3 billion TotalEnergies stores deal
(Reuters) - Convenience store operator Alimentation Couche-Tard is in exclusive talks to buy some of French energy company TotalEnergies retail assets for 3.1 billion euros ($3.29 billion) in cash, th...
Syndicated Content Mar 16, 2023
Japan bank lobby chief sees no signs of contagion from Credit Suisse woes
By Makiko Yamazaki TOKYO (Reuters) - The head of Japan's banking lobby said on Thursday that there are no signs at the moment of the Japanese financial system being affected by a crisis of confidence ...
Syndicated Content Mar 16, 2023
Rio Tinto appoints directors with mining, renewable energy experience
(Reuters) - Rio Tinto has appointed two non-executive directors, the miner said on Thursday, in response to its chairman's call for more members with experience in mining and renewable energy on the c...
Syndicated Content Mar 16, 2023
Spanish banks’ exposure to Credit Suisse well below 1 billion euros, source says
MADRID (Reuters) - Spanish banks' exposure to Swiss lender Credit Suisse is immaterial and lower than 1 billion euros ($1.06 billion), a source with knowledge of the matter said on Thursday. "The tota...
Syndicated Content Mar 16, 2023
Decarbonisation centre starts 5-yr partnership with container shipper MSC
SINGAPORE (Reuters) - The Global Centre for Maritime Decarbonisation (GCMD) and MSC Mediterranean Shipping Company (MSC) on Thursday said they have signed a five-year agreement to work on decarbonisin...
Syndicated Content Mar 16, 2023
Jefferies sees softer impact of Credit Suisse crisis on India
(Reuters) - India's banking sector will likely have a softer impact from the troubles at Credit Suisse, given the Swiss lender's relatively small presence in the country, equity analysts at Jefferies ...
Syndicated Content Mar 16, 2023
S&P says SVB fallout won’t lead to rating actions on APAC banks
(Reuters) - Ratings agency S&P on Thursday said the fallout from Silicon Valley Bank's collapse may not lead to any rating actions on Asia-Pacific banks as they are well placed to absorb potential con...
Syndicated Content Mar 16, 2023
Bank Indonesia leaves rates unchanged, uses FX intervention amid market turmoil
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia's central bank has and will continue to intervene in the currency market amid volatility linked to the closure of some U.S. banks, i...
Syndicated Content Mar 16, 2023
Credit Suisse shares leap 35% as markets cheer lifeline
By John Revill and Amanda Cooper ZURICH/LONDON (Reuters) - Credit Suisse shares soared by over 35% in premarket trading on Thursday, while the value of its bonds soared after the company secured a $54...
Syndicated Content Mar 16, 2023
Peoria, IL, USA
52 °F Light Rain
