By Camillus Eboh ABUJA (Reuters) – Nigeria’s Senate has approved China Development Bank as new financier for the country’s Kaduna-to-Kano rail project at a cost of $973 million, after another Chinese lender withdrew from the project in 2020, lawmakers said on Tuesday. Parliament had in 2020 approved China’s Exim Bank as financier for the rail …
Nigeria’s Senate approves new Chinese bank for rail project Read More »
(Reuters) – The non-bank sector now accounts for half of the assets of the entire world financial system and should be more closely regulated to protect its stability, staff economists from the International Monetary Fund said on Tuesday. The release of the research comes a week before the IMF and World Bank convene a semi-annual …
IMF calls for rules on non-bank financial sector to prevent turmoil Read More »
WASHINGTON (Reuters) – Republicans in Tennessee who are moving to oust Democratic legislators for joining an anti-gun violence protest are “shrugging in the face” of another school shooting, White House press secretary Karine Jean-Pierre said on Tuesday. Republican-majority Tennessee’s state legislature took the first steps on Monday to expel Democratic legislators who joined hundreds of …
Republicans in Tennessee ‘shrugging’ after school shooting, White House says Read More »
By Huw Jones LONDON (Reuters) – The European Commission’s decision to deprioritise corporate disclosure rules for oil, gas and other sectors like mining risk diluting the bloc’s push to reach a net-zero economy on time, enviromental groups, trade unions and investors have said. The European Union’s executive is finalising details of its Sustainability Reporting Standards, …
Sustainability groups challenge EU over delay to oil, gas disclosures Read More »
By Iain Withers LONDON (Reuters) – HSBC, Goldman Sachs, Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters. The data also showed that, at the banks which detailed their pay gaps by ethnicity, the gap was widest between …
Analysis-HSBC, Goldman gender pay gaps widen in UK as finance makes slow progress Read More »
ZURICH (Reuters) – Credit Suisse shareholders voted to re-elect Chairman Axel Lehmann at the company’s annual general meeting in Zurich on Tuesday. Of the votes cast, 55.67% were in favour of keeping Lehmann chairman for the remainder of the time until the Swiss bank is officially merged with rival UBS as part of a forced …
By Nelson Acosta HAVANA (Reuters) – U.S. agro-businesses, on a trade tour in Cuba, said on Tuesday they were “losing” in their bid to boost commerce with Cuban farmers and called on the Biden administration to ease restrictions and allow them to invest in private agriculture on the island. U.S. President Joe Biden last May …
U.S. farming businesses want Biden to allow more investment in Cuba Read More »
CIUDAD DE MÉXICO, 4 abr (Reuters) – Bravos de Ciudad Juárez designó el martes como su director técnico a Diego Mejía, quien vivirá su primera experiencia como estratega en el fútbol mexicano. Mejía, de 39 años, sustituye al argentino Hernán Cristante, quien el lunes finalizó su vínculo laboral con el club. “Juárez informa a la …
Bravos de Juárez designa DT a debutante Diego Mejía en fútbol mexicano Read More »
(Reuters) – Media mogul Rupert Murdoch and former San Francisco police chaplain Ann Lesley Smith have called off their engagement, a source confirmed on Tuesday. The 92-year-old Fox Corp chairman and Smith had planned to marry this summer. It would have been his fifth marriage. Vanity Fair reported the breakup, citing one source close to …
Rupert Murdoch and Ann Lesley Smith call off engagement Read More »
WASHINGTON (Reuters) – The Internal Revenue Service will unveil its long-awaited 10-year spending plan for $80 billion in new funding to beef up enforcement and taxpayer services, U.S. Treasury Secretary Janet Yellen said on Tuesday, promising major investments in new technology and services. In prepared remarks at the swearing-in ceremony of new IRS Commissioner Danny …
US IRS to unveil $80 billion 10-year spending plan this week, Yellen says Read More »
