By Sergio Goncalves LISBON (Reuters) – The risk of default on mortgages in Portugal is low despite the steep rise in interest rates by the European Central Bank (ECB) because there are so many people in work, ECB Governing Council member Mario Centeno said on Wednesday. In Portugal, around 90% of the stock of 1.4 …
ECB’s Centeno says mortgage default risk in Portugal is low Read More »
LONDRES, 4 abr (Reuters) -El cobre cayó el martes, ya que la debilidad de los datos económicos en Estados Unidos generaron preocupaciones por las perspectivas de crecimiento mundial y por la demanda de metales. * Los mercados bursátiles caían ante la evidencia de un enfriamiento del mercado laboral y la escasez de pedidos de productos …
El cobre cae presionado por el temor a un menor crecimiento mundial Read More »
By Radhika Anilkumar (Reuters) -British biopharmaceutical company OKYO Pharma plans to scrap its London listing and move its shares to New York, becoming the latest company to leave Britain’s stock market. Shares in OKYO Pharma, which attributed its decision to weak trading volumes and low valuations, fell by as much as 25% in early trade. …
Britain’s OKYO Pharma to move listing to New York from London Read More »
MADRID (Reuters) -Europe’s largest mobile phone tower operator Cellnex said on Tuesday two of its board members have resigned following pressure on the company’s management from its largest shareholder, activist fund TCI. Former board chairman Bertrand Boudewijn Kan and Leonard Peter Shore, both independent directors, quit with immediate effect, citing “irreconcilable differences with the board …
Two Cellnex board members quit amid pressure to change leadership Read More »
SOFIA (Reuters) – The runner-up in Bulgaria’s parliamentary elections will not form a coalition with the winning GERB party, the leader of We Continue the Change (PP) said on Tuesday, signalling a likely continuation of the country’s political deadlock. The European Union member held its fifth parliamentary election in two years on Sunday, but distrust …
Bulgarian election runner-up rules out coalition with first-placed GERB party Read More »
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 »
