Posted at 09:14h
in
News
by KMFSLLP
Royal Mail plc said Peter Long
will step down as chairman of the UK post and parcel services
company with immediate effect and be replaced by Les Owen.
...
Posted at 09:09h
in
News
by KMFSLLP
British banks and insurers need
to take steps now to prepare for the phasing-out of the LIBOR
interest rate benchmark, the Bank of England said in a letter to
chief executives on Wednesday.
Posted at 09:07h
in
News
by KMFSLLP
Yemen's central bank, based in
territory controlled by its exiled government, nearly doubled
its interest rate on Wednesday in an effort to stabilise the
riyal after violent demonstrations against a plunging currency.
...
Posted at 09:04h
in
News
by KMFSLLP
Swiss pump maker Sulzer
has sold at a profit shares it bought from Russian oligarch
Viktor Vekselberg in April in a move designed to reduce his
stake below 50 percent and escape U.S. sanctions.
Posted at 09:02h
in
News
by KMFSLLP
Bank of Japan Governor Haruhiko
Kuroda on Wednesday stressed that he won't pull the plug on
monetary easing until inflation hits his 2 percent target,
warning that escalating international trade disputes could
inflict widespread damage to global growth.
Posted at 09:01h
in
News
by KMFSLLP
Estonia's Financial
Supervision Authority (FSA) said a report by Danske Bank
on Wednesday into laundering of Russian and
ex-Soviet money through the Baltic country shows serious
shortcomings in the bank's organisation.
...
Posted at 09:00h
in
News
by KMFSLLP
An independent report offers some welcome policy recommendations
...
Posted at 09:00h
in
News
by KMFSLLP
An independent report offers some welcome policy recommendations
...
Posted at 09:00h
in
News
by KMFSLLP
The German government is taking
steps to counter a surge in Chinese bids for stakes in German
technology companies, including the creation of a billion-euro
fund that could rescue such firms in financial trouble, a
government source told Reuters.
Posted at 08:58h
in
News
by KMFSLLP
The government of Abu Dhabi is
looking at proposals to restructure some $1.2 billion of
troubled bonds that were issued by Abu Dhabi state-owned carrier
Etihad Airways in partnership with other airlines, sources
familiar with the matter said.