[ad_1] FRANKFURT, March 19 (Reuters) – The world’s top central banks said on Sunday they would start offering daily loans in dollars to their banks to avert stress in the…
Tag: ECON
UBS seals Credit Suisse takeover in bid to calm market nerves
[ad_1] UBS to pay 3 bln Swiss francs ($3.23 bln) for Credit Suisse Yellen, Powell welcome deal to support financial stability UBS to assume up to $5.4 bln in losses;…
Credit Suisse, SVB, Signature Bank: What you need to know
[ad_1] March 19 (Reuters) – UBS (UBSG.S) agreed to buy rival Swiss bank Credit Suisse (CSGN.S) for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4…
Qatar’s ex-finance minister to face trial -state news agency
[ad_1] March 19 (Reuters) – Qatar’s public prosecutor will launch a criminal trial of former finance minister Ali Sherif al-Emadi, the state news agency said Sunday. Emadi and an unidentified…
Aussie, rand flounder as Omicron spooks investors
[ad_1] Dec 2 (Reuters) – The safe-haven yen hovered near a seven-week high on Thursday while the rand and riskier currencies languished as the Omicron coronavirus variant established itself as…
Italy business morale improves in January but consumers more downbeat
[ad_1] ROME, Jan 26 (Reuters) – Morale amongst Italian businesses rose in January but consumer confidence worsened, national statistics bureau ISTAT reported on Thursday, pointing to uncertain economic prospects at…
Warren Buffett in discussions with Biden officials on banking crisis
[ad_1] WILMINGTON, Delaware, March 18 (Reuters) – Berkshire Hathaway Inc’s (BRKa.N) Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the…
Firms see increasing labor shortages and wage pressures – Bank of Canada survey
[ad_1] OTTAWA, Jan 17 (Reuters) – Canadian firms see labor shortages intensifying and wage pressure increasing, with strong demand growth and supply chain constraints putting upward pressure on prices, a…
Euro crumbles; traders wait on U.S. consumer test
[ad_1] Euro crumbles through $1.14 after dovish Lagarde Biden-Xi talks and Aussie cenbank speech eyed in Asia U.S. retail sales data to guide inflation outlook SYDNEY, Nov 16 (Reuters) –…