Exclusive-Ghana official creditors close to giving financing assurances for debt rework talks -sources

By Jorgelina do Rosario, Christian Akorlie and Rachel Savage LONDON/ACCRA (Reuters) -Ghana’s official creditors are poised to grant financing assurances and form a committee co-chaired by France and China – key steps for the nation to secure a $3 billion International Monetary Fund (IMF) loan, sources told Reuters. The country’s bilateral lenders are expected to…

Read More

Deposit outflows after SVB collapse concentrated among ‘super-regionals’ – New York Fed study

By Howard Schneider WASHINGTON (Reuters) – Deposit withdrawals from U.S. banks following the collapse of Silicon Valley Bank were concentrated in around 30 “super-regional” institutions in the $50 billion to $250 billion range, similar to SVB, New York Fed researchers concluded in a newly released study. Deposits among thousands of “community and smaller regional banks……

Read More

A year on, family and friends say no justice for slain Al Jazeera journalist

By Lara Afghani and Henriette Chacar JERUSALEM (Reuters) – A year after Al Jazeera journalist Shireen Abu Akleh was shot while covering an Israeli army raid, family and friends say her killers are yet to be held responsible. Abu Akleh, one of the most recognizable journalists covering Israeli-occupied territories, was shot dead on May 11,…

Read More

Rising sol: Peru’s currency at year-high after shaking off protest impact

By Marco Aquino LIMA (Reuters) – In a country shaken by years of political volatility, Peru’s national currency has emerged as a mainstay of relative stability among Latin American foreign exchange markets, reaching its strongest level in a year this week. After taking a hit during the nearly two-year presidency of Pedro Castillo, the Peruvian…

Read More

Pirelli sees end of Golden Power process on governance agreement after early June

MILAN (Reuters) -Pirelli said on Thursday it expected Italy would conclude its review of governance agreements involving the holding in the tyre maker by China’s Sinochem after early June, pushing it to further postpone the appointment of its new board. Earlier this year, Pirelli said Sinochem, its largest shareholder, with a 37% stake, notified Italy’s…

Read More

Top Pakistan court rules Imran Khan’s arrest unlawful, streets are quiet

By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s Supreme Court ruled on Thursday that former Prime Minister Imran Khan’s arrest was unlawful, two days after his detention on graft allegations triggered deadly violence, escalating his tussle with the powerful military. The protests coincide with Pakistan’s worst economic crisis in decades, with record high…

Read More