Category Archives:
Moody’s sees ‘very high’ foreign exchange risk for banks in Ukraine, Turkey
LONDON (Reuters) - Banks in countries such as Ukraine and Turkey face a "very high" risk from restrictions on capital flows, weak international reserves and a high level of foreign currency debt, Mood...
Dec 05, 2022
Tesla China denies media reports of output cut at Shanghai plant
SHANGHAI (Reuters) - Tesla on Monday said media reports which said its plant in Shanghai would cut December output of its Model Y were "untrue". Reuters on Monday reported Model Y output at the plant ...
Dec 05, 2022
Spain to lend Airbus 2.14 billion euros for miltary programmes
MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone and helicopter programmes in the country, Industry Minister Reyes Maroto s...
Dec 05, 2022
Exxon Mobil raises CEO pay
(Reuters) - Exxon Mobil Corp is raising the annual salaries of its top boss and other executives for the coming year, the top U.S. oil company said on Monday. Exxon Mobil's compensation committee appr...
Dec 05, 2022
Hungary central bank chief sees 15%-18% inflation in 2023, urges end to price caps
BUDAPEST (Reuters) - Hungary's inflation could be between 15% and 18% next year, the National Bank of Hungary's governor told a parliament committee on Monday, while also sharply criticising the gover...
Dec 05, 2022
Vietnam central bank raises cap on 2022 credit growth
HANOI (Reuters) - Vietnam's central bank said on Monday it has raised its 14% cap on the local banking system's credit growth for this year by 1.5-2.0 percentage points. (Reporting by Khanh Vu; Editin...
Dec 05, 2022
BIS warns of $80 trillion of hidden FX swap debt
By Marc Jones LONDON (Reuters) - The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance ...
Dec 05, 2022
Russian banks snap up $17.7 billion at central bank repo auctions
MOSCOW (Reuters) - Russian banks raised 1.1 trillion roubles ($17.71 billion) at repo auctions held by the central bank on Monday, demonstrating sustained demand for cash as the government borrows hea...
Dec 05, 2022
Bank of Israel voted 6-0 to raise rates 1/2-point of Nov 21 -minutes
JERUSALEM (Reuters) - All six rate setters at the Bank of Israel supported raising the benchmark interest rate by 0.5 point to 3.25% at their November 21 meeting in a move aimed at halting a rise in i...
Dec 05, 2022
Futures fall as investors await more data before Fed meet
(Reuters) - U.S. stock index futures fell on Monday as investors awaited more data, including a report on the services sector, to gauge the Federal Reserve's next move at its rate-setting meeting late...
Dec 05, 2022
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