Author Archives: Syndicated Content
Explainer-ECB to start offloading debt to fight inflation
FRANKFURT (Reuters) - The European Central Bank is all but certain to start offloading some of its 5 trillion euro ($5.3 trillion) bond stash next year as it ramps up efforts to bring down record-high...
Dec 02, 2022
Inflation is slowing down in euro zone, ECB’s De Guindos says
MADRID (Reuters) - European Central Bank Vice-President Luis de Guindos welcomed on Friday a somewhat more positive reading of inflation in the euro zone in November and said prices had already starte...
Dec 02, 2022
Italy to evacuate 1,000 people from landslide-hit Ischia town
ROME (Reuters) - More than 1,000 people need to be evacuated from a landslide-stricken town on the Italian island of Ischia where more heavy rains are expected, a government official said on Friday. S...
Dec 02, 2022
Soccer-Dutch can overcome strong U.S. threat, says in-demand Van Gaal
By Philip O'Connor DOHA (Reuters) - Netherlands will not underestimate the United States when they meet in the World Cup last 16 this weekend, manager Louis van Gaal told a media conference on Friday ...
Dec 02, 2022
Goldman warns of bonus cuts for traders – Bloomberg News
(Reuters) - Goldman Sachs Group Inc plans to cut the year-end bonuses for its traders, Bloomberg News reported on Friday, as the Wall Street giant looks to trim costs. Executives at the investment ban...
Dec 02, 2022
Malaysia PM Anwar says he will also serve as finance minister
KUALA LUMPUR (Reuters) - Malaysian Prime Minister Anwar Ibrahim said on Friday that he would also serve as the country's finance minister. Anwar, who became premier last week, named Ahmad Zahid Hamidi...
Dec 02, 2022
Global equity funds post biggest weekly outflow in six weeks
(Reuters) - Global equity funds recorded enormous outflows in the week ended on Nov. 30 as investors booked profits - after a rally in the last month - amid concerns about global economic growth due t...
Dec 02, 2022
India extends deadline to levy cap on digital payment transactions
MUMBAI (Reuters) - India has decided to extend the deadline on capping the share of digital payment transactions by about two years to Dec. 31, 2024, the National Payments Corporation of India (NPCI) ...
Dec 02, 2022
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) - Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and layoffs. Rising cost pressures as a result of inflation and shrinking reve...
Dec 02, 2022
Kenya’s president suspends senior election officials who disowned his win
By George Obulutsa and Ayenat Mersie NAIROBI (Reuters) - Kenya's President William Ruto has suspended four election commissioners who disowned his win in an August election and formed a panel to inves...
Dec 02, 2022
