Category Archives:
Inflation could prompt ECB to tighten policy quicker, Holzmann says
FRANKFURT (Reuters) -The European Central Bank could tighten policy sooner than many expect as inflationary pressures could prove to be persistent, ECB policymaker Robert Holzmann said in a contributi...
Syndicated Content Sep 08, 2021
European stocks fall 1% on growth worries
(Reuters) - European stocks fell on Wednesday as worries about slowing global growth weighed on sentiment, while investors looked ahead to a European Central Bank meeting for hints on tapering plans. ...
Syndicated Content Sep 08, 2021
Euro zone banks face further rise in soured loans -ECB
FRANKFURT (Reuters) - Euro zone banks are set to face a further deterioration of their loan book and many lenders have failed to adjust their credit control norms to acknowledge the unique nature of t...
Syndicated Content Sep 08, 2021
China’s ‘quant’ funds curb growth as regulator flags risks
SHANGHAI (Reuters) - Tianyan Capital has become the latest hedge fund manager in China to limit the size of its quantitative investment business, after the main securities regulator advised bourses to...
Syndicated Content Sep 08, 2021
Abu Dhabi starts marketing two-tranche bonds, document shows
DUBAI (Reuters) - Abu Dhabi on Wednesday gave an initial price guidance of about 90 basis points (bps) over U.S. Treasuries (UST) for 10-year bonds and around 130 bps over UST for 30-year bonds, a ban...
Syndicated Content Sep 08, 2021
India to give $3.5 billion in revised clean tech scheme for automakers – sources
By Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) - India will give about $3.5 billion in incentives to auto companies over a five-year period under a revised scheme to boost the manufacturing and exp...
Syndicated Content Sep 08, 2021
ByteDance in talks to borrow up to $5 billion – The Information
(Reuters) - ByteDance, the Chinese owner of short-video platform TikTok, is in talks with banks to borrow up to $5 billion to refinance debt and pay for overseas expansion, The Information reported ht...
Syndicated Content Sep 08, 2021
Halfords says supply chain disruption affecting bike business
LONDON (Reuters) -British bikes and car parts retailer Halfords said on Wednesday disruption in the global supply chain was dragging on its cycling business, although it stuck to its targets and guide...
Syndicated Content Sep 08, 2021
Bitcoin bruised after chaotic debut as legal tender in El Salvador
TOKYO (Reuters) - Bitcoin licked its wounds on Wednesday, a day after its heaviest losses in 2-1/2 months as El Salvador's historic adoption of the crypto asset as legal tender caused chaos online and...
Syndicated Content Sep 08, 2021
Fitch downgrades China Evergrande, sees ‘probable’ default
By Andrew Galbraith (Reuters) -Fitch Ratings cut the ratings of China Evergrande Group and two of its subsidiaries on Wednesday, the latest in a series of downgrades targeting the property firm due to...
Syndicated Content Sep 08, 2021
Peoria, IL, USA
50 °F Partly cloudy
