Category Archives:
Explainer-Who holds Ghana’s debt and what restructuring is planned?
By Rachel Savage and Marc Jones JOHANNESBURG/LONDON (Reuters) - Ghana has begun restructuring its debt by rolling out a plan to swap $10.5 billion in local bonds with new ones, seeking IMF help and by...
Dec 09, 2022
Putin: Russia will not lose out from oil price cap
(Reuters) - Russian President Vladimir Putin said on Friday that Moscow would not lose out from the West's price cap on Russian oil exports and the government's finances would hold up fine. He said th...
Dec 09, 2022
Futures reverse gains as inflation data intensifies rate hike worries
(Reuters) - U.S. stock index futures turned negative on Friday after a higher-than-expected rise in producer prices in November fanned worries of the Federal Reserve sticking to its policy tightening ...
Dec 09, 2022
German government deficit to hit 4.5% in 2023 – Spiegel
BERLIN (Reuters) - The German government's public deficit will be significantly higher in 2023 than previously thought, reaching 4.5%, due mainly to energy relief measures, the Spiegel news magazine r...
Dec 09, 2022
Penguin Random House CEO to step down after merger deal scrapped
BERLIN (Reuters) - Penguin Random House head Markus Dohle will step down at the end of the year after a U.S. judge blocked a planned $2.2 billion merger of the world's largest publisher and rival Simo...
Dec 09, 2022
China’s Xi tells Gulf nations to use Shanghai exchange for yuan energy deals
BEIJING (Reuters) - China's President Xi Jinping said in Riyadh on Friday that China and Gulf nations should make full use of the Shanghai Petroleum and National Gas Exchange as a platform to carry ou...
Dec 09, 2022
Ukraine’s consumer inflation falls in November, GDP fall slows in Q3
KYIV (Reuters) -Ukraine's monthly consumer inflation slowed to 0.7% in November from 2.5% the previous month, the State Statistics Committee said on Friday. It said consumer inflation slowed to 26.5% ...
Dec 09, 2022
ALD CEO: most existing shareholders fully subscribing to capital increase
By Nick Carey LONDON (Reuters) - Most of ALD's existing shareholders are participating in a 1.2 billion euro ($1.27 billion) capital increase launched to finance its purchase of Dutch rival LeasePlan,...
Dec 09, 2022
SAP to stop developing new functions for Business ByDesign software -Handelsblatt
BERLIN (Reuters) - Software maker SAP will not develop any new functions for its Business ByDesign software for small and medium-sized firms from the second quarter of 2023, German daily Handelsblatt ...
Dec 09, 2022
BNP Paribas hands its London bankers standardised job titles to ensure transparency
By Sinead Cruise and Stefania Spezzati LONDON (Reuters) - BNP Paribas is introducing titles to grade hundreds of investment bank employees in the UK, a move to ensure a transparent job evaluation sche...
Dec 09, 2022
Peoria, IL, USA
45 °F Overcast
