[ad_1] WASHINGTON, March 21 (Reuters) – World Bank President David Malpass said on Tuesday he remained deeply concerned about the debt restructuring stalemate in Zambia and that the bank is…
Tag: GFIN
Switzerland’s secretive Credit Suisse rescue rocks global finance
[ad_1] ZURICH, March 20 (Reuters) – Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a…
Switzerland puts up 260 billion francs for Credit Suisse rescue
[ad_1] ZURICH, March 20 (Reuters) – Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a third of…
IPC CEO urges Canada to offer more funding to build carbon capture
[ad_1] March 19 (Reuters) – International Petroleum Corp (IPCO.TO), the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon…
Russian annual inflation up 9.15% in February
[ad_1] March 9 (Reuters) – Annual inflation in Russia accelerated to 9.15% in February from 8.73% in January, its highest in seven years, official statistics showed, with prices soaring further…
Mexican finance minister says “satisfied” with Citibanamex sale
[ad_1] MERIDA, Mexico, March 17 (Reuters) – Mexico’s government is “satisfied” with the sale process of Citigroup’s (C.N) Mexican retail bank Citibanamex, Finance Minister Rogelio Ramirez de la O said…
UK finance minister and Bank of England work to contain SVB fallout
[ad_1] LONDON, March 11 (Reuters) – Britain’s finance ministry and the Bank of England are working together to minimise the disruption that could stem from a collapse of the UK…
UK plans 11 billion sterling business tax break in budget, Bloomberg reports
[ad_1] March 11 (Reuters) – British finance minister Jeremy Hunt will hand businesses a three-year tax break worth 11 billion pounds ($13.23 billion) by replacing the UK’s investment allowance with…
Canada govt to present 2023-24 budget on March 28, finance minister says
[ad_1] OTTAWA, March 10 (Reuters) – Canada’s federal government will present its budget for fiscal year 2023-24 on March 28, Finance Minister Chrystia Freeland said on Friday. “Our government is…
Yellen defends request for $29 bln increase in IRS enforcement funds
[ad_1] WASHINGTON, March 10 (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday defended a Biden administration budget request for an additional $29.1 billion in IRS enforcement funds as Republicans…