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Spain says ECB’s tool to control government bond spreads are ‘appropriate’
MADRID (Reuters) - Spain's Economy Minister Nadia Calvino said that the European Central Bank's tools to try to keep government bond spreads down are adequate. "The tools the ECB is using right now an...
Syndicated Content Jul 22, 2022
Alpha Bank to sell bad loan portfolio to Hoist Finance
ATHENS (Reuters) - Alpha Bank, one of Greece's four largest lenders, said on Friday it signed a binding agreement to sell a 400 million euro ($407 million) portfolio of unsecured bad loans to Hoist Fi...
Syndicated Content Jul 22, 2022
Take Five: It’s a Fed hot summer
A likely second straight 75 basis point rate hike from the U.S. Federal Reserve will keep markets on their toes in the week ahead, just as investors digest a wave of earnings from corporate America an...
Syndicated Content Jul 22, 2022
Nord Stream flows stable, Eastbound Yamal flows decline
LONDON (Reuters) - Physical flows of Russian gas through Nord Stream 1 pipeline to Germany remained stable on Friday, while eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany dec...
Syndicated Content Jul 22, 2022
Contract workers striking at South Korea’s Daewoo shipyard reach agreement – Yonhap
SEOUL (Reuters) - Daewoo Shipbuilding & Marine Engineering has reached an agreement with striking contract workers, Yonhap news agency reported on Friday, in a dispute which the shipbuilder said had c...
Syndicated Content Jul 22, 2022
Japan regulators approve release of Fukushima water into sea
TOKYO (Reuters) - Japan's nuclear regulators have approved a plan to release into the ocean water from the wrecked Fukushima Dai-ichi nuclear power plant, the government said on Friday. The water, use...
Syndicated Content Jul 22, 2022
Fertilizer cargo from Russia heads to U.S. as many worry about food shortages
By Arathy Somasekhar and Timothy Gardner HOUSTON/WASHINGTON (Reuters) - A tanker carrying a liquid fertilizer product from Russia is about to arrive in the United States, sources and vessel tracking d...
Syndicated Content Jul 22, 2022
Petronas payout to Malaysia govt seen higher at 55-59 billion rgt this year
KUALA LUMPUR (Reuters) - Malaysia's state energy firm Petronas is forecast to contribute to government coffers as much as 59 billion ringgit ($13.25 billion) this year, a cabinet minister said in a st...
Syndicated Content Jul 22, 2022
Portugal’s Galp pays 140 million euros to get full ownership of Titan Solar
MADRID (Reuters) - Portugal's Galp Energia has bought the 24.99% it does not already own of Titan Solar, a renewable energy joint venture created with Spanish engineering firm ACS in 2020, the company...
Syndicated Content Jul 22, 2022
Tobacco group Swedish Match’s profit narrowly beats estimates
STOCKHOLM (Reuters) - Swedish Match, which is being bought by Philip Morris International Inc in a $16 billion deal, on Friday reported second-quarter operating profit just above market expectations a...
Syndicated Content Jul 22, 2022
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