Tag: finance

© 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…

© 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…

© 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…