Tag: finance

© Reuters. FILE PHOTO: FILE PHOTO: A health worker talks to her colleagues as they prepare to receive the AstraZeneca/Oxford vaccine under the COVAX scheme against coronavirus disease (COVID-19) at the Kenyatta National Hospital in Nairobi, Kenya March 5, 2021. REUT By Duncan Miriri NAIROBI (Reuters) – Kenya has received a $750 million loan from…

United Parcel Service  (UPS) – Get Report shares rose on Thursday after J.P. Morgan upgraded the delivery giant to overweight from neutral and raised its share-price target to $243 from $224. The move came “after the 2021 Investor Day [Wednesday] provided incremental positives around pricing power, capacity discipline, and the dividend yield,” wrote J.P. Morgan analyst…

© Reuters. FILE PHOTO: People walk at the Beijing’s central business district (CBD), on the day of the opening session of the National People’s Congress (NPC) in Beijing, China March 5, 2021. REUTERS/Tingshu Wang SHANGHAI (Reuters) – China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the…

© Reuters. FILE PHOTO: A worker walks pasts the logo of the Central Reserve Bank of Peru (BCRP) inside its headquarters building in Lima, Peru June 16, 2017. REUTERS/Mariana Bazo LIMA (Reuters) -Peru presidential front-runner Pedro Castillo said on Monday he would respect the autonomy of the Andean nation’s central bank if he wins the…

MOSCOW, June 7, 2021 /PRNewswire/ — Igor Sechin, Chief Executive Officer of Rosneft, delivered a keynote speech at the Energy Panel “Transformation of the Global Energy Sector” at the XXIV St. Petersburg International Economic Forum. The event, sponsored by Rosneft, was attended by BP CEO Bernard Looney, ExxonMobil Senior Vice President Neil Chapman, CNPC Chairman…

© Reuters. FILE PHOTO: Riad Salameh, Governor of the Central Bank of Lebanon, attends the UAE-Lebanon Investment Forum in Abu Dhabi, UAE, October 7, 2019. REUTERS/Satish Kumar/File Photo PARIS (Reuters) – French prosecutors have opened a preliminary investigation into money laundering allegations against Lebanon’s central bank governor, Agence France-Presse reported on Sunday. Riad Salameh is…

© Reuters. FILE PHOTO: A shop assistant puts a sale sign on a show window in Moscow, Russia June 18, 2020. REUTERS/Shamil Zhumatov By Alexander Marrow MOSCOW (Reuters) -Russia’s economy avoided catastrophe during the height of the COVID-19 pandemic and is now approaching pre-crisis levels, President Vladimir Putin said on Friday, an assertion backed up…

LAWRENCEVILLE, N.J., June 02, 2021 (GLOBE NEWSWIRE) — Billtrust (BTRS) , a B2B accounts receivable automation and integrated payments leader, announced that KONE Inc., Gregory Poole Equipment and Global Industrial were recognized as Billtrust Rockstars of the Year, and Commerce Bank as Partner of the Year, during the Billtrust Summit Awards Ceremony held May 20,…

© Reuters. FILE PHOTO: Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and traders say it poses…

© Reuters. FILE PHOTO: Chinese Vice Premier Liu He attends the closing session of the Chinese People’s Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, China May 27, 2020. REUTERS/Thomas Peter/Pool BEIJING (Reuters) -Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual…