Category Archives:
ECB’s Lagarde insists inflation will stop rising
NICOSIA (Reuters) - Food and energy prices in the euro zone should stop rising, which should help the euro zone avoid a combination of stagnant growth and high inflation feared by economists, European...
Mar 30, 2022
Russia says Eurobond buyback will stop discrimination against Russian bond holders – Ifax
(Reuters) - Russian Finance Minister Anton Siluanov said on Wednesday that a proposed sovereign Eurobond buyback would stop discrimination against Russian bond holders, who he said were not able to ac...
Mar 30, 2022
Saudi Arabia may raise May crude prices to Asia to new record levels
(Corrects to insert dropped word in 3rd paragraph) By Florence Tan SINGAPORE (Reuters) - Top oil exporter Saudi Arabia is expected to raise crude prices to Asia in May to new highs, tracking strong ga...
Mar 30, 2022
Goldman Sachs expects Hong Kong home prices to fall 20% by end-2025
HONG KONG (Reuters) - Goldman Sachs said Hong Kong residential property prices could drop as much as 20% through 2025, hurt by a drag on household income and homebuyer demand caused by the latest wave...
Mar 30, 2022
In Zimbabwe, coal power project seeks other backing after China’s U-turn
By Nelson Banya and Helen Reid (Reuters) - A Zimbabwean company that had been banking on Chinese financing to build a major coal-fired power plant says it is now looking for alternative backers as Chi...
Mar 30, 2022
Apollo drops takeover offer for education group Pearson
By Kate Holton (Reuters) -Education group Pearson said on Wednesday it had rejected a third takeover offer from Apollo, valuing it at 6.7 billion pounds ($8.8 billion), prompting the U.S. investment c...
Mar 30, 2022
Ex-U.S. Marine launches hunger strike in Russian jail – parents
LONDON (Reuters) - Former U.S. Marine Trevor Reed has begun a hunger strike in a Russian jail to protest at being put in solitary confinement and not receiving proper medical care despite fears he has...
Mar 30, 2022
U.S. SEC set to unveil tighter rules on blank-check companies
By Chris Prentice WASHINGTON (Reuters) - The U.S. securities regulator on Wednesday will unveil a proposal to tighten its rules on special purpose acquisition companies (SPACs) after a frenzy of deals...
Mar 30, 2022
Citi to sell India consumer business to Axis Bank for $1.6 billion
BENGALURU (Reuters) -Citigroup has agreed to sell its consumer banking business in India to Axis Bank for $1.6 billion, the latest step in Chief Executive Officer Jane Fraser's push to simplify the ba...
Mar 30, 2022
Citing war in Ukraine, Austrian central bank cuts growth forecast
VIENNA (Reuters) - Russia's invasion of Ukraine has led Austria's central bank to cut its growth forecast and sharply raise its inflation outlook for this year, it said on Wednesday, adding that the n...
Mar 30, 2022
Peoria, IL, USA
43 °F Overcast
