By Jesús Aguado MADRID (Reuters) – Santander Chairman Ana Botin is expected to signal bigger payouts to the bank’s shareholders in a strategy update next week bolstered by an improving outlook in Europe amid higher interest rates, bankers and analysts said. Since she took over from her late father Emilio Botin more than eight years …
Santander boss Botin expected to extol Europe, payout to sway investors Read More »
By Greg Roumeliotis NEW YORK (Reuters) -American billionaire financier Thomas H. Lee, considered a pioneer of private equity investment and leveraged buyouts, died at the age of 78, his family said in a statement on Thursday, without noting the cause of his death. The New York Post, citing unidentified police sources, reported Lee was discovered …
U.S. billionaire financier Thomas Lee dies at 78, family says Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee was flat on Friday, pulling back from slight gains made at the open and continuing the trend to weaken less than its Asian peers which fell against a steady dollar. The rupee was barely changed at 82.7450 per dollar by 10:55 a.m. IST, after opening slightly …
Rupee little changed as Asian FX struggle against dollar Read More »
BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting on Friday of being “complicit” in atrocities in Russia’s invasion of Ukraine and for the damage the war has caused to the global economy. In remarks to an opening session of the gathering on the first anniversary of …
Yellen says Russian officials at G20 meeting ‘complicit’ in war atrocities Read More »
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -Turkey’s devastating earthquake will keep inflation above 40% in the run-up to elections scheduled for June and will necessitate an additional budget, a government official and four economists said. They predict that the Feb. 6 earthquake, which killed more than 43,000 people in Turkey, will cost the …
Earthquake will keep Turkish inflation above 40%, additional budget needed -official Read More »
MEXICO CITY (Reuters) -Three fires broke out on Thursday at different facilities in Mexico and the United States operated by state-owned Mexican oil company Pemex, leaving five missing and eight others injured as of Thursday evening. Five people were unaccounted for after a fire at a storage facility in the state of Veracruz that had …
Pemex hit by fires at three facilities in one day Read More »
A look at the day ahead in European and global markets from Tom Westbrook Kazuo Ueda, who takes over as Bank of Japan governor in April, does not give the impression of a man in a hurry. His surprise nomination for the job sent markets into a tizz a couple of weeks back as investors …
By Brendan O’Brien CHICAGO (Reuters) -A monster U.S. winter storm pounded the Northern Plains and Upper Midwest on Thursday, killing a firefighter, knocking out power to more than 900,000 people and canceling or delaying thousands of flights. A broad swath of the northern United States from Washington state to New England remained under winter weather …
U.S. winter storm kills firefighter, knocks out power, grounds flights Read More »
HONG KONG (Reuters) – Hong Kong private home prices edged up 0.6% in January from December, the first increase in seven months, official data showed on Friday, as reopening of the border with mainland China and expectations of peaking interest rates improved sentiment. The rise in home prices in January in one of the world’s …
Hong Kong home prices end seven-month decline with 0.6% rise in January Read More »
SINGAPORE (Reuters) – Adani Total Private Ltd will receive its first liquefied natural gas (LNG) cargo at the Dhamra terminal on India’s east coast in April and expects to start commercial operations 30 to 45 days after receiving the shipment, the Adani Group told Reuters. The start-up of the 5 million tonnes per annum (mtpa) …
Adani Total to start operations at Indian LNG terminal by mid-June Read More »
