Tag: Central bank

© Reuters. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann By Julia Payne LONDON (Reuters) -Glencore and a consortium of banks have started talks with Chad over the restructuring of the country’s more than $1 billion commercial debt, according…

© Reuters. FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo By David Randall NEW YORK (Reuters) – If regional banks show signs of accelerating loan growth when they report earnings in the week…

© Reuters. FILE PHOTO: People walk at the door of a Sabadell bank office in Barcelona, Spain, September 7, 2021. REUTERS/Albert Gea/File Photo MADRID (Reuters) – Spanish bank Sabadell has reached an agreement with unions to lay off up to 1,605 employees in its home market, fewer than the initially planned more than 1,900, the…

2/2 © Reuters. FILE PHOTO: The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. REUTERS/Tyrone Siu/File Photo 2/2 By Andrew Galbraith SHANGHAI (Reuters) -The spillover effect of China Evergrande Group’s debt problems on the banking system is controllable, a central bank official said on…

CHARLOTTE, N.C., Oct. 14, 2021 /PRNewswire/ — Lawyers who represent more than 30,000 women who have filed lawsuits against Johnson & Johnson (JNJ) – Get Johnson & Johnson (JNJ) Report in connection with its defective talc body powders, including the iconic Johnson’s Baby Powder, say they will resist J&J’s decision to use bankruptcy to avoid…

© Reuters. FILE PHOTO: Treasury Secretary Janet Yellen attends the House Financial Services Committee hearing in Washington, U.S., September 30, 2021. Al Drago/Pool via REUTERS By Andrea Shalal and David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday called for “strong action” by international financial institutions to protect data integrity and prevent…

An initial study on a new cross-border railway linking Hong Kong and Shenzhen’s Qianhai economic zone is expected to conclude next year, the local transport minister said on Thursday. Secretary for Transport and Housing Frank Chan Fan said on a radio show a special office would discuss matters relating to the railway link with mainland…

© Reuters. A view shows the Central Bank headquarters building in Brasilia, Brazil October 4, 2021. REUTERS/Adriano Machado/Files SAO PAULO (Reuters) – Brazil’s central bank sold $1 billion worth of currency swaps in a surprise auction on Wednesday afternoon, boosting the local currency from nearly six-month lows. The central bank said it had sold all…

© Reuters. FILE PHOTO: A logo of Turkey’s Central Bank (TCMB) is pictured at the entrance of the bank’s headquarters in Ankara, Turkey April 19, 2015. REUTERS/Umit Bektas///File Photo ISTANBUL (Reuters) – Turkey’s President Tayyip Erdogan dismissed central bank monetary policy committee (MPC) members Semih Tumen, Ugur Namik Kucuk and Abdullah Yavas on Thursday, appointing…

© Reuters. FILE PHOTO: An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner By Susan Cornwell and Richard Cowan WASHINGTON (Reuters) -The Democratic-controlled U.S. House of Representatives gave final approval on Tuesday to legislation temporarily raising the government’s borrowing limit to $28.9 trillion, pushing off the…