Italy’s banks under fire over laborious rollout of state-backed loans

[ad_1] ROME (Reuters) – Italy’s banks came under fire at a parliamentary hearing on Wednesday where they faced accusations of hampering the rollout of state-guaranteed loans to businesses hit by…

Fitch cuts virus-hit Italy’s credit rating to just above junk

[ad_1] ROME (Reuters) – Rating agency Fitch cut Italy’s credit rating to “BBB-minus” on Tuesday, just one notch above junk, saying the downgrade reflects the impact of the coronavirus pandemic…

Italy – Factors to watch on May 20

[ad_1] The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…

New UK lending scheme to be funded by BoE money creation – Bailey

[ad_1] Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London, Britain March 16, 2020. Tolga…

Exclusive: BOJ considering steps to ease corporate funding strains in April – sources

[ad_1] By Leika Kihara, Takahiko Wada TOKYO (Reuters) – The Bank of Japan will discuss further steps to ease corporate funding strains at this month’s rate review in order to…

UPDATE 2-Euro zone bonds yields rise, Italy worse than its peers

[ad_1] * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Recasts lede, updates prices) MILAN, April 9 (Reuters) – Euro zone government bond yields rose on Friday, tracking moves in U.S.…

Lufthansa to raise $1.2 billion from junk bond markets

[ad_1] FILE PHOTO: The Lufthansa logo is pictured at Frankfurt Airport in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski LONDON (Reuters) – Lufthansa is set to raise 1 billion euros…

China central bank surprises by keeping interest rate on TMLF unchanged

[ad_1] FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s central bank…

GLOBAL MARKETS-Shares squeeze out gains as economies look to reopen

[ad_1] By Tom Wilson, Swati Pandey * MSCI World Index gains 0.2% * European shares up 0.3%, FTSE up 1% * Brent crude up 5% * Dollar heads for two-week…