Posted at 17:29h
in
News
by KMFSLLP
ZAGREB May 25 (Reuters) - Indebted Croatian food group
Agrokor will be taken over by a new Dutch-based
company, owned by creditors, under a proposed debt settlement
plan announced on Friday.
...
Posted at 13:13h
in
News
by KMFSLLP
Some economists argue the HMRC boss got it wrong on the Brexiters’ favoured customs option
...
Posted at 11:46h
in
News
by KMFSLLP
The royal wedding and Brexit both show the advantages of hedging your bets
...
Posted at 11:41h
in
News
by KMFSLLP
COLOMBO, May 25 (Reuters) - The Sri Lankan rupee ended
steady on Friday with dollar buying by a foreign bank and
importers weighing on the local currency, while exporters stayed
on the sidelines expecting the rupee to weaken further in line
with other emerging market currencies.
Posted at 11:31h
in
News
by KMFSLLP
SOFIA, May 25 (Reuters) - Bulgaria's drive to join ERM-2,
the two-year obligatory precursor to adopting the euro, should
not be blocked but rather welcomed, given the Balkan country's
strong macroeconomic performance, its central bank governor
said.
Posted at 11:31h
in
News
by KMFSLLP
LONDON, May 25 (Thomson Reuters Foundation) - A global
investment club for the wealthy whose members aim to bring about
social or environmental change as well as making a profit has
grown by more than $1 billion in two years, according to a
report.
Posted at 11:31h
in
News
by KMFSLLP
PRAGUE, May 25 (Reuters) - Czech financial firm J&T said on
Friday it had struck a deal with Chinese state conglomerate
CITIC Group to settle debts owed by troubled Chinese
company CEFC in an attempt to draw a line under a complex
dispute.
Posted at 11:27h
in
News
by KMFSLLP
NAIROBI, May 25 (Reuters) - Kenya built a reputation as a
pioneer of financial inclusion through its early adoption of a
mobile money system that enables people to transfer cash and
make payments on cellphones without a bank account.
Posted at 11:08h
in
News
by KMFSLLP
TALLINN, May 25 (Reuters) - Estonian police said on Friday
more than $13 billion (11 billion euros) was laundered through
the small Baltic state's banks from 2012 to 2016, with at least
$7.3 billion through non-resident bank accounts.
Posted at 11:04h
in
News
by KMFSLLP
PARIS, May 25 (Reuters) - Paris is set to become a European
financial markets hub as international banks look to the French
capital to base some activities after Britain's departure from
the European union, the head of France's central bank said on
Friday.