Swiss National Bank increased forex purchases in 2019

[ad_1] The Swiss National Bank (SNB) is pictured during a federal council meeting on the outbreak of the coronavirus disease (COVID-19) in Bern, Switzerland, March 13, 2020. Picture taken March…

Bank of England has ‘absolutely open mind’ on negative rates: Haskel

[ad_1] FILE PHOTO: A security officer stands outside the Bank of England in London, Britain, March 23, 2020. REUTERS/Toby Melville LONDON (Reuters) – Bank of England policymaker Jonathan Haskel said…

Paris Airshow cancelled in blow to aerospace recovery

[ad_1] PARIS (Reuters) – The Paris Airshow has been cancelled for the first time since World War Two, raising questions about the speed of the aerospace industry’s recovery from the…

Italy approves long-delayed economic stimulus package in coronavirus fight

[ad_1] By Giuseppe Fonte, Crispian Balmer ROME (Reuters) – The Italian government has approved a long-delayed, 55 billion-euro ($59.6 billion) stimulus package aimed at helping Italy’s battered businesses and struggling…

‘A beautiful day’ in Italy, as shops and bars finally reopen

[ad_1] By Crispian Balmer, Giulio Piovaccari ROME (Reuters) – Italian shops, hairdressers and restaurants finally threw open their doors on Monday as the country sped up efforts to bounce back…

Portugal’s shoemakers switch from fancy to comfy to survive pandemic

[ad_1] By Catarina Demony, Miguel Pereira FELGUEIRAS, Portugal (Reuters) – Weddings were postponed, cocktail parties cancelled and work events replaced by video calls. With social gatherings severely curtailed due to…

Chinese President Xi pledges to import more as pandemic shakes global economy

[ad_1] By Brenda Goh, Winni Zhou SHANGHAI (Reuters) – China will import over $22 trillion worth of goods over the next decade, and the country is accelerating its opening up…

Daimler awards 1,000 euro ‘corona bonus’ to German employees

[ad_1] FILE PHOTO: The Daimler logo is seen before the carmaker’s annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – German carmaker Daimler on Tuesday…

Explainer – Danske Bank’s 200 billion euro money laundering scandal

[ad_1] COPENHAGEN (Reuters) – Danske Bank DANSKE.CO has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first alerted Denmark’s biggest bank to…

Italy will help tourism, auto sectors in next stimulus drive -minister

[ad_1] ROME (Reuters) – Italy’s latest stimulus package, aimed at helping the economy overcome the coronavirus pandemic, will include help for the tourism and auto sectors, Economy Minister Roberto Gualtieri…