Tag: finance

With a ceasefire due to take effect on Friday, Israelis and Palestinians counted the cost of 11 days of hostilities that disabled Gaza’s sanitation facilities and other infrastructure while disrupting Israel’s economy. Here are some details. GAZA Gaza’s housing ministry said on Thursday that 16,800 housing units had been damaged. Of those, 1,800 had become…

© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo By Julie Gordon and David Ljunggren OTTAWA (Reuters) -Price volatility is keeping cryptoassets from being widely accepted as a means of payment, the Bank of Canada said on Thursday, though the…

© Reuters. FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – About two-thirds of U.S. banks are either already taking measures to limit the growth in their balance sheets or would take steps to cap them if they continue growing, a…

Republic Bancorp, Inc. (RBCAA) – Get Report, parent company of Republic Bank & Trust Company, declared a cash dividend of $0.308 per share on Class A Common Stock and $0.28 per share on Class B Common Stock, payable July 16, 2021 to shareholders of record as of June 18, 2021. Republic Bancorp, Inc. (the “Company”)…

Wall Street’s main indexes remained lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some eyeing a future discussion of tapering its bond buying program. The S&P 500 (.SPX) added to losses after the release revealed a number of…

© Reuters. By Huw Jones LONDON (Reuters) – It should be for clients to decide where they clear euro derivatives, though customers are ready to move business from London to Frankfurt if forced to by the European Union, bankers said on Wednesday. The London Stock Exchange’s LCH unit clears more than 90% of euro-denominated interest…

© Reuters. FILE PHOTO: Shipping containers are seen behind fencing in the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021. REUTERS/Christinne Muschi/File Photo By Julie Gordon and Fergal Smith OTTAWA (Reuters) – The Bank of Canada has expressed concern about the strong dollar hurting exports, but soaring demand for commodities and a looming…

COLUMBUS, Ohio, May 18, 2021 /PRNewswire/ — Summer travel is officially on, with 67% of Americans planning to take a much-needed and well-deserved vacation between June and August this year.* To help travelers get back into the driver’s seat, Red Roof®, the leader in economy lodging, has launched ‘Rest + Repeat,’ the perfect summer offer that gives…

Norwegian Air’s (NORR.OL) court-ordered debt reconstruction plan is now legally binding, and the airline expects to complete its financial rescue as planned on May 26, it said on Tuesday. No creditors have filed appeals against the scheme, which was overseen by courts in Norway and Ireland, and the plan is now final and binding, Norwegian…

Japan’s economy has potential to recover though the government will be vigilant to the impact new state of emergency curbs could have on the outlook, Economy Minister Yasutoshi Nishimura said on Tuesday. “The government will act flexibly as needed, tapping into reserves (set aside for COVID-19 response) with a close eye on the pandemic and…