By Ziyi Tang and Engen Tham SHANGHAI/BEIJING (Reuters) – Five of China’s largest lenders posted shrinking margins in the first quarter on Friday, as loan re-pricing bites. Borrowers are struggling to repay loans after three years of China’s zero-COVID policy hit the economy and Beijing has put pressure on lenders to reduce individual and company …
BERLIN (Reuters) – Inflation looks set to ease in Germany in April on the back of lower food and energy prices, preliminary data from six economically important regional states showed on Friday. The inflation rate in Brandenburg fell to 7.6% year-on-year, and in Baden-Wuerttemberg it fell to 7.3%. It slowed to 6.9% in Hesse and …
LONDON (Reuters) -The UK arm of European missile maker MBDA on Friday agreed a 1.9 billion pound ($2.37 billion) deal with Poland to provide it with a British-designed air defence system, the British government said. “I am delighted that the UK and Poland’s deep and historic defence ties take another step forward with the signing …
Missile maker MBDA signs 1.9 billion pound deal with Poland Read More »
DAKAR (Reuters) – The International Monetary Fund’s executive board has approved a 38-month extended credit facility of around $191 million to the Central African Republic, it said in a statement. The decision enables an immediate disbursement of about $15 million. The arrangement will help the Central African Republic — one of the world’s poorest countries …
IMF board approves $191 million credit facility to Central African Republic Read More »
GABORONE (Reuters) – Botswana’s central bank kept its monetary policy rate unchanged at 2.65% on Friday, despite inflation rising in the latest month. Inflation rose to 9.9% year on year in March from 9.1% in February, far above the central bank’s 3%-6% preferred band. “While it will fluctuate, inflation will trend downwards in 2023 and …
28 abr (Reuters) – Las acciones de First Republic ganaban un 11% en las operaciones previas a la apertura del mercado el viernes, tras conocerse que responsables estadounidenses están coordinando conversaciones urgentes para rescatar al banco regional, mientras los esfuerzos del sector privado, liderados por los asesores del banco, aún no han llegado a un …
Las acciones de First Republic suben por la esperanza de un acuerdo de rescate Read More »
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday, a sign of relief for the crisis-battered economy. The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 30.6% in April from 47.6% in March, while non-food …
Sri Lanka’s key inflation rate eases to 35.3% in April Read More »
BRUSELAS, 28 abr (Reuters) – La Comisión Europea anunció el viernes la apertura de una investigación para determinar si Renfe, el operador ferroviario español, ha abusado de su posición en el mercado de la venta de billetes de tren en línea. La Comisión Europea ha manifestado su preocupación por la posibilidad de que Renfe haya …
By Joan Faus BARCELONA (Reuters) -Europe’s largest mobile phone tower operator Cellnex said on Friday it picked Marco Patuano, its former chairman and a Telecom Italia (TIM) veteran, as the new chief executive, capping weeks of board tensions over the succession process. Outgoing CEO Tobias Martinez announced in January he would step down in June …
Cellnex picks TIM veteran as new CEO after board tensions Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee was little changed against the dollar on Friday amid muted Asian peers, adding to its weekly gains, as corporate inflows propped up the currency over the period. The rupee finished at 81.8250 per dollar compared with 81.8375 in the previous session. It advanced 0.33% for the …
Rupee little changed, notches gains for week on dollar inflows Read More »
