Yes Bank To Approve J.C. Flowers As Buyer For Its $6 Billion Stressed Loan Portfolio
By Nupur Anand MUMBAI (Reuters) – Indian lender Yes Bank is likely to approve the transfer of stressed assets worth…
Exclusive-Germany Doesn’t Need To Shift Cash After ECB Decision On Govt Deposits -spokesperson
(Reuters) – Germany does not currently have to make alternative investments after the European Central Bank decided to temporarily pay…
German gas importer VNG seeks help from government
BERLIN (AP) — German gas importer VNG is seeking help from the government after cuts to Russian gas supplies forced…
EU nations struggle to find joint approach on energy prices
BRUSSELS (AP) — European Union nations struggled to find full consensus Friday on ways to shield the population from dramatically…
ECB Must Keep On Raising Rates To Fight Inflation, Policymakers Say
(Reuters) -The European Central Bank must keep raising interest rates, prioritising its fight over painfully high inflation, even if that…
Porsche Breaks Off Talks With Red Bull On Possible Formula One Entry
BERLIN (Reuters) -Porsche said on Friday it and Red Bull were terminating talks about the possibility of Porsche’s entry into…
Bitcoin Leaps Over $20,000 As U.S. Dollar Sags
SINGAPORE (Reuters) – Bitcoin surged past the $20,000 barrier and was eyeing its best day in six weeks on Friday…
BOJ’s Kuroda Weighs In To Warn Against ‘rapid’ Yen Moves
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said rapid yen moves were undesirable…
Stocks end broadly higher, breaking a 3-week losing streak
Wall Street added to its recent gains Friday with a broad rally that broke the market’s three-week losing streak. The…
Dollar Dips As Traders Eye Further ECB Hikes, U.S. Inflation Data
By Rae Wee SINGAPORE (Reuters) – The dollar recoiled from recent peaks in Asia on Friday as a hawkish rate…