ECB could tailor policy to fight climate change, Schnabel says

Economy10 hours ago (Jul 17, 2020 04:55AM ET) (C) Reuters. FILE PHOTO: 29th Frankfurt European Banking Congress (EBC) takes place in Frankfurt FRANKFURT (Reuters) – The European Central Bank needs to take a role in fighting climate change and could…

Kurz: Optimistic we’ll get agreement on EU finances but not sure when

Economy9 hours ago (Jul 17, 2020 06:15AM ET) (C) Reuters. Austrian Chancellor Sebastian Kurz and Vice Chancellor Werner Kogler attend a news conference, following an outbreak of the coronavirus disease (COVID-19), in Vienna BRUSSELS (Reuters) – Austrian Chancellor Sebastian Kurz…

‘The stakes couldn’t be higher’: EU recovery plan summit under way

Economy7 hours ago (Jul 17, 2020 08:29AM ET) 2/2 (C) Reuters. FILE PHOTO: EU leaders summit in Brussels 2/2 By Marine Strauss and John Chalmers BRUSSELS (Reuters) – European Union leaders met on Friday for tense summit talks on a…

Top 5 Things to Know in the Market on Friday, July 17th

Economy8 hours ago (Jul 17, 2020 06:38AM ET) (C) Reuters. By Geoffrey Smith Investing.com — The U.S. shatters its record for daily new cases of Covid-19. Netflix (NASDAQ:NFLX) stock slumps after warning of a sharp slowdown in subscriber growth in…

UK government to drop work from home message in favour of employer discretion

Economy8 hours ago (Jul 17, 2020 06:40AM ET) (C) Reuters. Outbreak of the coronavirus disease (COVID-19) in London LONDON (Reuters) – The British government will stop telling people to work from home and give more discretion to employers to decide…

BoE’s Bailey sees question about what to do with QE after crisis

Economy8 hours ago (Jul 17, 2020 06:55AM ET) (C) Reuters. FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London LONDON (Reuters) – Bank…

Lebanon’s advisers to work on compromise on financial plan, sources say

Economy8 hours ago (Jul 17, 2020 07:30AM ET) BEIRUT (Reuters) – Lebanon’s financial adviser Lazard (NYSE:LAZ) will see if a government financial rescue plan can be adjusted to reach a compromise workable for the International Monetary Fund, two sources said…

Bank of England’s Bailey sees some sectors recovering, others not

Economy7 hours ago (Jul 17, 2020 07:45AM ET) (C) Reuters. Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London LONDON (Reuters) – Bank of England…

Rejected Bridgewater trade secrets claim started as a guess: ruling

(C) Reuters. FILE PHOTO: Ray Dalio, Founder, Co-Chief Executive Officer and Co-Chief Investment Officer, Bridgewater Associatesr attends the annual meeting of the World Economic Forum (WEF) in Davos By Lawrence Delevingne BOSTON (Reuters) – A senior Bridgewater Associates LP executive…

China’s central bank chief urges IMF to open cash floodgate to fight pandemic

Economy11 hours ago (Jul 16, 2020 02:30PM ET) By Meg Shen HONG KONG (Reuters) – China’s top central banker has urged the International Monetary Fund (IMF) to issue hundreds of billions of dollars of liquidity to its 189 member countries…

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