MOSCOW (Reuters) – Russian petrochemical company Sibur has taken out a loan where interest rates are pegged to environmental targets, a move that could help pave the way for a potential initial public offering (IPO), a company’s senior manager said on Wednesday. Sibur said earlier on Wednesday that it had obtained a $50 million loan…
© Reuters. FILE PHOTO: Federal Reserve Vice Chair Richard Clarida reacts as he holds his phone during the three-day “Challenges for Monetary Policy” conference in Jackson Hole, Wyoming, U.S., August 23, 2019. REUTERS/Jonathan Crosby/File Photo By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – It will be “some time” before the U.S. economy is healed…
© Reuters. By Geoffrey Smith Investing.com — The sell-off in technology stocks is set to continue, after weakness in Asia and Europe overnight. Equities are broadly weaker after signs of inflation emerging in China – but a bevy of Federal Reserve speakers has the opportunity to calm nerves ahead of tomorrow’s CPI release in the…
© Reuters. FILE PHOTO: A general view shows The Bank of England in the City of London financial district in London, Britain, November 5, 2020. REUTERS/John Sibley/File Photo/File Photo By Huw Jones LONDON (Reuters) – The fragmentation of Europe’s capital market due to Brexit has increased operating costs for banks to the point where some…
© Reuters. FILE PHOTO: A view of the U.S. Capitol Building in Washington, D.C., U.S. December 21, 2020. REUTERS/Ken Cedeno By Richard Cowan WASHINGTON (Reuters) – Democrats who narrowly control the U.S. Congress will confront twin threats to advancing President Joe Biden’s agenda as they return to Washington from a break this week: United opposition…
2/2 © Reuters. FILE PHOTO: Tips, money collected from a customer donation fund and a last paycheck for employees laid off from Farley’s East cafe, that closed due to the financial crisis caused by the coronavirus disease (COVID-19), sits on a counter at the cafe in Oa 2/2 By Koh Gui Qing and Pete Schroeder…
2/2 © Reuters. FILE PHOTO: Council of Economic Advisers member Jared Bernstein speaks during a press briefing at the White House in Washington, U.S., February 5, 2021. REUTERS/Kevin Lamarque 2/2 By Jeff Mason and Steve Holland WASHINGTON (Reuters) – President Joe Biden reacted on Friday to a disappointing April jobs report by saying the…
© Reuters. FILE PHOTO: The Treasury Department is pictured in Washington, U.S., April 25, 2021. REUTERS/Al Drago By Dan Burns (Reuters) – A bruising bond market sell-off earlier this year appears to remain high on the minds of Federal Reserve officials, who in a report on Thursday singled out the event as illustrative of continuing…
© Reuters. FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes By Jamie McGeever BRASILIA (Reuters) – Brazil’s real surged on Thursday to close at its highest in almost four months against the dollar, a…
3/3 © Reuters. FILE PHOTO: A man walks in a flooded field after Hurricane Delta, in Lake Charles, Louisiana, U.S., October 10, 2020. REUTERS/Marco Bello/File Photo 2/3 By Trevor Hunnicutt LAKE CHARLES, La. (Reuters) -U.S. President Joe Biden said a corporate tax rate between 25% and 28% could help pay for badly needed infrastructure, suggesting…