Author Archives: Syndicated Content
Two more Evergrande property assets taken over by state-owned firms
HONG KONG (Reuters) - At least two more developments of China Evergrande Group have been taken over by state-owned enterprises (SOEs)in the past few weeks, corporate registry records showed. The takeo...
Feb 25, 2022
Japan’s central bank lowers limits on CP, corporate bond purchases
TOKYO (Reuters) - The Bank of Japan (BOJ) said on Friday it had decided to reduce the maximum amounts of commercial paper (CP) and corporate bonds it can buy in a single issuer's outright purchase for...
Feb 25, 2022
China to step up policy support for economy, Xinhua cites politburo
BEIJING (Reuters) - China will step up policy support to stabilise the economy, Xinhua news agency quoted the Politburo, a top decision-making body of the ruling Communist Party, as saying on Friday. ...
Feb 25, 2022
Greek lender Piraeus Bank’s Ukraine operations only 0.2% of assets
ATHENS (Reuters) - Piraeus Bank, one of Greece's four largest lenders, said on Friday its operations in Ukraine comprise a financial institution, JSC Piraeus Bank ICB, and investments in real estate a...
Feb 25, 2022
European bank shares rise as bankers wrestle with sanctions
FRANKFURT (Reuters) - European bank shares rebounded early Friday from steep falls a day earlier, even as bankers wrestle with the impact of a slew of sanctions following Russia's invasion of Ukraine....
Feb 25, 2022
Spain’s Amadeus stays cautiously optimistic about recovery
(Reuters) - Spanish travel booking group Amadeus posted on Friday a second consecutive profitable quarter since the start of the coronavirus pandemic, helped by stronger demand as travel curbs were pa...
Feb 25, 2022
German storms cause insurers losses of $1.6 billion
BERLIN (Reuters) - German insurers will have to pay around 1.4 billion euros ($1.57 billion) for nearly a million property units damaged in winter storms that swept across large parts of the country i...
Feb 25, 2022
Germany’s Lindner says Europe will be able to shield its economies against inflation rising over Ukraine war
PARIS (Reuters) - European sanctions against Russia over the war in Ukraine will lead to cost increases, German Finance Minister Christian Lindner said, but the bloc will be able to protect its econom...
Feb 25, 2022
No signs of equity market capitulation yet – BoFA
LONDON (Reuters) - Investors pulled money from bonds and pumped money into cash and stocks in the week to Wednesday as equity positioning showed "zero signs of capitulation despite flows and price dis...
Feb 25, 2022
IAG CEO Gallego: not seeing paint degradation issue on A350 jets
LONDON (Reuters) - British Airways-owner IAG is not experiencing the same issues as Qatar Airways with surface degradation of paint on the Airbus A350 jets it operates, Chief Executive Luis Gallego sa...
Feb 25, 2022
