Economy15 hours ago (Mar 08, 2020 08:06AM ET) (C) Reuters. ECB tells staff to work from home in coronavirus test FRANKFURT (Reuters) – The European Central Bank has told most of its over 3500 staff to work from home on…
Economy
UK’s Sunak looking at ways to relax spending limit
Economy15 hours ago (Mar 08, 2020 08:04AM ET) (C) Reuters. FILE PHOTO: Newly appointed Britain’s Chancellor of the Exchequer Rishi Sunak leaves Downing Street in London By William Schomberg and Kylie MacLellan LONDON (Reuters) – British finance minister Rishi Sunak,…
UK plans levy on banks and others to help tackle money laundering
Economy16 hours ago (Mar 07, 2020 05:46PM ET) LONDON (Reuters) – Britain is expected to announce this week a new levy on banks and other firms regulated for anti-money laundering to raise up to 100 million pounds ($130 million) to…
UK set to double funding for flood action, Treasury says
Economy16 hours ago (Mar 07, 2020 05:41PM ET) LONDON (Reuters) – Britain is expected to double spending on flood defenses to 5.2 billion pounds ($6.78 billion) when finance minister Rishi Sunak delivers his budget, the Treasury said on Saturday, following…
Declaring it cannot pay debts, Lebanon sets stage for default
Economy19 hours ago (Mar 07, 2020 02:07PM ET) (C) Reuters. Lebanon’s Prime Minister Hassan Diab speaks during a televised address to the the nation at the governmental palace in Beirut By Tom Perry and Ellen Francis BEIRUT (Reuters) – Lebanon…
U.S. financial regulators start contingency planning as virus reaches Washington
(C) Reuters. A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York City, New York By Pete Schroeder, Chris Prentice and Katanga Johnson WASHINGTON (Reuters) – U.S. financial regulators are…
U.S. financial regulators start contingency planning as virus reaches Washington
(C) Reuters. A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York City, New York By Pete Schroeder, Chris Prentice and Katanga Johnson WASHINGTON (Reuters) – U.S. financial regulators are…
Lebanon set for debt default as government decides not to pay
Economy7 hours ago (Mar 07, 2020 02:07PM ET) (C) Reuters. Lebanon’s Prime Minister Hassan Diab speaks during a televised address to the the nation at the governmental palace in Beirut By Tom Perry and Ellen Francis BEIRUT (Reuters) – Lebanon…
Exclusive:Lebanon bondholders stepping up efforts to form creditor group
Economy11 hours ago (Mar 07, 2020 10:16AM ET) Exclusive:Lebanon bondholders stepping up efforts to form creditor group By Marc Jones LONDON (Reuters) – A set of Lebanon’s bond holders are to step up efforts to form a creditor group in…
Swiss government to virus-hit companies: don’t expect helicopter money
Economy13 hours ago (Mar 07, 2020 07:41AM ET) Swiss government to virus-hit companies: don’t expect helicopter money ZURICH (Reuters) – The Swiss government is working on directing support to companies hit by falling demand caused by the coronavirus outbreak and…