© Reuters. FILE PHOTO: A sailing boat can be seen in front of the central business district (CBD) of Wellington in New Zealand, July 2, 2017. REUTERS/David Gray By Praveen Menon WELLINGTON (Reuters) – New Zealand’s economic growth swept past forecasts in the first quarter on the back of a housing boom and strong retail…
© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach By Marc Jones LONDON (Reuters) – A digital euro could suck away 8% of euro zone banks’ customer deposits, analysts at Morgan Stanley (NYSE:MS) have estimated, although the share may be far higher in some…
© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva arrives at the Grand Palais Ephemere for the Financing of African Economies Summit, at the Champs de Mars in Paris, France May 18, 2021. Ian Langsdon/Pool via REUTERS By Marc Jones LONDON (Reuters) – Efforts to restructure unsustainable debt burdens in some of…
By Ank Kuipers and Brian Ellsworth PARAMARIBO/CARACAS (Reuters) – Suriname on Tuesday said creditors were taking a “confrontational attitude” toward debt restructuring talks after bondholders rolled back a deal to delay payments, escalating a dispute between investors and the small South American nation. A creditor committee, which includes Franklin Templeton, Eaton Vance (NYSE:EV) and Greylock…
© Reuters. FILE PHOTO: Children are greeted on their first day of pre-school, as New York City pre-school students began in-person school following the outbreak of the coronavirus disease (COVID-19) in the Queens borough of New York City, U.S., September 21, 2020. R WASHINGTON (Reuters) – The Biden administration expects the start of child tax…
2/2 © Reuters. FILE PHOTO: A screen displays a chart that tracks the Dow Jones Industrial Average on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid/File Photo 2/2 By Dhara Ranasinghe LONDON (Reuters) -The 2020s have only just begun but there is already a rush…
© Bloomberg. A worker carries chairs outside a bar in London, U.K., on Monday, June 14, 2021. U.K. Prime Minister Boris Johnson is preparing to delay his plan to lift England’s pandemic restrictions amid concerns that a rapid rise in Covid-19 cases could put hospitals under strain. (Bloomberg) — Prime Minister Boris Johnson pushed back…
© Reuters. FILE PHOTO: JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon NEW YORK (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in…
© Reuters. U.S. Inflation Expectations Rise to New Highs in N.Y. Fed Survey (Bloomberg) — U.S. consumers’ expectations for inflation over the medium term rose to an eight-year high in May, according to a Federal Reserve Bank of New York survey. The median survey respondent anticipated an inflation rate of 3.6% in three years, up…
© Reuters. British Prime Minister Boris Johnson, U.S. President Joe Biden, France’s President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japanese Prime Minister Yoshihide Suga, President of the European Council Charles Michel, Italian Prime Minister Ma By Elizabeth Piper and William Schomberg CARBIS BAY, England (Reuters) -G7 leaders agreed on Sunday to raise their contributions…
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