By Promit Mukherjee JOHANNESBURG (Reuters) -The Africa head of Ford Motor Co said the South African government must deliver policy…
Brazil central bank postpones higher capital requirements for fintechs to July 2023
BRASILIA (Reuters) – Brazil’s central bank on Friday announced the postponement of higher capital requirements for fintechs to July 2023,…
Chile’s GDP posts largest quarterly drop in over 2 years as recession fears grow
By Fabian Cambero and Gabriel Araujo SANTIAGO (Reuters) -Chile’s economy shrank in the third quarter at the fastest quarterly rate…
Germany watching developments at Twitter with growing concern
BERLIN (Reuters) – The German government is watching developments at Twitter with growing concern, a government spokesperson said on Friday.…
Moody’s closing its consulting business in China, cutting staff -sources
HONG KONG (Reuters) -Moody’s Corp is shutting its China consulting business and is laying off people associated with the unit…
Value of Russia-China energy trade up 64%, deputy PM says
(Reuters) – Russia’s energy exports to China have increased in value by 64% this year, and by 10% in volume…
As recession bites, Tesco offers UK staff pay advance
By James Davey and Sarah Young LONDON (Reuters) – Tesco, one of Britain’s largest private-sector employers, is offering its staff…
ECB begins great cash mop-up as banks repay 296 billion euros of loans
By Francesco Canepa FRANKFURT (Reuters) -Euro zone banks are set to repay nearly 300 billion euros ($310 billion) in loans…
Inflows into global equities hit 35-week high, BofA says
By Harry Robertson LONDON (Reuters) -Inflows into global equity funds hit their highest level in 35 weeks in the week…
U.S. equity funds record biggest weekly inflow in over 10 months
(Reuters) – U.S. equity funds drew massive inflows in the week to Nov. 16 as signs of cooling inflation soothed…