BEIRUT (Reuters) -The World Food Programme has agreed to allocate $5.4 billion in aid for Lebanon over the next three…
IMF to disburse $200 million to Democratic Rep. of Congo under credit line
DAKAR (Reuters) – The International Monetary Fund (IMF) said on Monday it would disburse $200 million to Democratic Republic of…
Egypt’s central bank transfers subsidised loan programmes to govt in line with IMF demand
CAIRO (Reuters) – Egypt’s central bank is transferring the administration and costs of its main subsidised loan programmes to the…
India’s HDFC Bank, Canara Bank get approval for rupee trade with Russia – report
BENGALURU (Reuters) – India’s central bank has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro…
Czech central bank’s Mora prefers using rates rather than FX interventions-Seznam Zpravy
PRAGUE (Reuters) – Czech central bank Vice-Governor Marek Mora said on Monday he would favour using interest rates as the…
Nestle’s Nespresso to sell paper-based compostable coffee pods
ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss…
Merck KGaA in push to become twice as productive in drug development
FRANKFURT (Reuters) – Germany’s Merck KGaA on Monday said it aims to double the productivity of its research and development…
France aims to curb jobless benefits with link to job market strength
By Caroline Pailliez PARIS (Reuters) – The French government plans to rein in unemployment benefits when the jobless rate is…
Deutsche Bank sees U.S. leveraged loan defaults near record highs in 2024
By Chiara Elisei (Reuters) -Default rates on U.S. leveraged loans will hit a near-record high of 11.3% in 2024, while…
PM Sunak says Britain will not pursue trade ties that rely on EU alignment
BIRMINGHAM, England (Reuters) -Britain will not pursue any trading relationship with the European Union that relies on the country aligning…