Tag: Central bank

© Reuters. FILE PHOTO: The skyline with its financial district amid the outbreak of the coronavirus disease (COVID-19) in Frankfurt By Holger Hansen BERLIN (Reuters) – The German government has raised its growth forecast for this year to 3.5%, compared with the 3% growth it was expecting back in January, a source said, adding that…

ISTANBUL (Reuters) – Turkey’s lira edged lower in early trading on Monday, adding to a recent slide and nearing an all-time low as a chill settled on relations with the United States and after the new central bank chief signalled that rate hikes would harm the economy. FILE PHOTO: Turkish lira banknotes are seen in…

School bus drivers lead a caravan through downtown Los Angeles, California, U.S., August 13, 2020. EQT (EQTAB.ST) is taking an unusually expensive bus ride. The Swedish buyout group’s infrastructure arm on Friday said it would pay $4.6 billion including debt to buy two North American businesses from transport operator FirstGroup (FGP.L). The deal, which includes…

SHANGHAI, April 23 (Reuters) – Chinese investment bank China International Capital Corp (CICC) has made green finance a “top priority”, as Beijing steps up pressure on financial institutions to help fund its carbon neutrality pledge. CICC has formed a “green agility team” of 20-plus investment bankers dedicated to channeling funding into low carbon and clean…

© Reuters. FILE PHOTO: Containers are seen at the Yangshan Deep-Water Port in Shanghai By Shrutee Sarkar and Rahul Karunakar BENGALURU (Reuters) – The global economy will recover this year from its coronavirus slump at a pace not seen since the 1970s as strong momentum builds in most major economies, according to Reuters polls of…

Opinion – EconomySupply chain slowdown hits at key pillars of economy and will likely get worse: Dan YerginPublished Thu, Apr 15 20211:49 PM EDTUpdated Thu, Apr 15 20211:50 PM EDTDaniel Yergin@DanielYerginShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsThe pressures on supply chains are increasing and global disruptions are likely…

Please try another search Economy3 hours ago (Apr 21, 2021 04:55PM ET) © Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto By Fergal Smith TORONTO (Reuters) – The Canadian dollar surged by the most since June 2020 against its U.S. counterpart on…

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Opinion – EconomySupply chain slowdown hits at key pillars of economy and will likely get worse: Dan YerginPublished Thu, Apr 15 20211:49 PM EDTUpdated Thu, Apr 15 20211:50 PM EDTDaniel Yergin@DanielYerginShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsThe pressures on supply chains are increasing and global disruptions are likely…

Please try another search Economy1 hour ago (Apr 20, 2021 03:30PM ET) © Reuters. FILE PHOTO: Adewale Adeyemo confirmation hearing to be Deputy Secretary of the Treasury WASHINGTON (Reuters) -A top Treasury Department official met on Tuesday with 20 top bankers to discuss President Joe Biden’s $2.3 trillion infrastructure plan and ways to use public-private…