Category Archives:
China agreed to form global sovereign debt ’roundtable’: IMF chief
By Andrea Shalal WASHINGTON (Reuters) - Chinese officials have agreed to form a global sovereign debt "roundtable" that would include a wide variety of stakeholders, including private sector creditors...
Dec 16, 2022
U.S. equity funds gain first weekly inflow in four weeks
(Reuters) - U.S. equity funds saw net purchases in the week ended Dec. 14, as slowing inflation rates raised expectations that the Federal Reserve would cut back the pace of its interest rate hikes. A...
Dec 16, 2022
Biden plans to elevate Cindy McCain as executive director of WFP- Axios
(Reuters) - U.S. President Joe Biden is working to elevate Cindy McCain, widow of the late Republican Senator John McCain, as the executive director of World Food Program, Axios reported on Friday cit...
Dec 16, 2022
Faraday Future slides on signaling need for funds to start production
(Reuters) - Shares of Faraday Future Intelligent Electric tumbled 21% premarket on Friday after the company unveiled production plans for its much-delayed luxury electric car that hinged on securing a...
Dec 16, 2022
FTX debtors file bidding procedures motion for sale of four businesses
(Reuters) - FTX and its affiliated debtors said on Friday the company had filed a motion with the Bankruptcy Court seeking approval of bidding procedures to sell four businesses. Debtors of the bankru...
Dec 16, 2022
LyondellBasell raises reduction target for planet-warming emissions
(Reuters) - Chemicals company LyondellBasell Industries N.V. on Friday increased its greenhouse gas (GHG) reduction target for direct emissions, as well as indirect emissions from purchased energy, to...
Dec 16, 2022
ECB’s Centeno sees very low probability of more 75 bps rate hikes
LISBON (Reuters) -The probability of the European Central Bank returning to 75 basis-point interest rate hikes is now "very low", ECB Governing Council member Mario Centeno said on Friday, warning of ...
Dec 16, 2022
Air India jumbo order includes 190 Boeing MAX, 30 787s -sources
LONDON/NEW DELHI (Reuters) - Air India is close to a deal to order more than 200 Boeing jets including 190 narrow-body 737 MAX and 30 wide-body 787s, as part of a sweeping fleet shake-up roughly split...
Dec 16, 2022
Russian cenbank says Otkritie sale will go through this year
(Reuters) - Russia's Central Bank Governor said on Friday that the sale of bailed-out lender Otkritie Bank to Russia's No. 2 lender VTB Bank would go through before the end of the year. (Reporting by ...
Dec 16, 2022
Hungary cenbank to keep EU’s highest rate steady as inflation shows no respite
By Gergely Szakacs BUDAPEST (Reuters) - Hungary's central bank is likely to leave its base rate unchanged at 13% next Tuesday, the highest in the European Union, amid a continued rise in inflation now...
Dec 16, 2022
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