By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the investors who backed an overall $24 million fundraising for risk control specialist Acin as part of their strategy to step up their risk expertise. The investment, which was also backed by Barclays and Lloyds Banking …
JPMorgan, Citi and BNP invest in risk management provider Acin Read More »
BEIJING (Reuters) – Chinese foreign ministry spokesperson Wang Wenbin said on Thursday that China has “institutional advantages” to fight COVID after the United States said it could help with a surge of infections if Beijing requests assistance. Wang made the remarks in response to White House national security spokesperson John Kirby saying on Wednesday that …
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WASHINGTON (Reuters) – Rwandan President Paul Kagame on Wednesday criticized the United States over the concerns it has raised in the case of Paul Rusesabagina, a U.S. permanent resident jailed in Rwanda who was portrayed as a hero in the film “Hotel Rwanda.” Rusesabagina, 67, was sentenced last year to 25 years in prison on …
Kagame criticizes U.S. over ‘Hotel Rwanda’ figure’s detention Read More »
WASHINGTON (Reuters) – The executive board of the International Monetary Fund on Wednesday said it had completed the first review under a 42-month financing program for Benin, giving the country immediate access to about $144 million. “The program is off to a strong start, with all end-June 2022 performance criteria and indicative targets met and …
IMF completes review of Benin loan program, disburses $144 million Read More »
Berlin (Reuters) – Die Hinweise für ein Abebben der starken Inflation in Deutschland mehren sich: Die Preise im Großhandel stiegen im November so langsam wie seit über einem Jahr nicht mehr, weil sich etwa Benzin nicht mehr so stark verteuerte. Sie erhöhten sich um 14,9 Prozent im Vergleich zum Vorjahresmonat, wie das Statistische Bundesamt am …
Großhandelspreise mit schwächstem Anstieg seit mehr als einem Jahr Read More »
By Andrea Shalal, Daphne Psaledakis and Michael Martina WASHINGTON (Reuters) – President Joe Biden on Wednesday announced an agreement aimed at bolstering trade ties between the United States and Africa after years in which the continent took a back seat to other U.S. priorities as China made inroads with investments and trade. “The United States …
(Reuters) – England and Wales water regulator Ofwat said on Thursday final water bills for an average business customer across England who are on a dual metered tariff would increase by around 6.4%, before inflation, from April. Ofwat said it would simplify the price caps applying to smaller business customers by moving from the existing …
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(Reuters) – British power generator Drax on Thursday forecast full-year adjusted core profit slightly above analysts’ expectations as it benefits from strong demand for renewable power. Demand for renewable energy in the UK has jumped after Russia’s invasion of Ukraine triggered concerns over Europe’s power supply, pushing gas prices to record highs over the past …
Drax sees profit above estimates on robust renewable energy demand Read More »
JOHANNESBURG (Reuters) – South Africa’s Steinhoff International Holdings NV said on Thursday it had reached an agreement with some of its largest creditors to extend the maturity of its debt. Steinhoff has been looking to reduce debt and financing costs following a 2017 accounting scandal that prompted about 90 separate legal claims against it. The …
South Africa’s Steinhoff reaches agreement on extending debt maturity Read More »
NEW DELHI (Reuters) – Wheat stocks in India’s government warehouses will fall by about 13% by early next month from current levels but will be sufficient for welfare schemes of the country, the ministry of consumer affairs and food said on Thursday. Wheat stocks in government warehouses for December fell to the lowest in six …
India’s wheat stocks to fall further but sufficient, government says Read More »
