BEIJING (Reuters) – China Mineral Resources Group (CMRG), a new state-owned agency, is set to be the world’s biggest iron…
Global equity funds draw first weekly inflow after five weeks
(Reuters) – Global equity funds attracted their first inflow in six weeks in the week ended Dec. 14, with investors…
Alibaba co-founder Joseph Tsai to reduce stake in company- Bloomberg News
(Reuters) – Alibaba co-founder and executive vice chairman Joseph Tsai has indicated he plans to sell part of his stake…
Russian cenbank says Otkritie sale will go through this year
MOSCOW (Reuters) – Russia’s Central Bank Governor said on Friday that the sale of bailed-out lender Otkritie Bank to Russia’s…
Hungary central bank to keep EU’s highest rate steady as inflation shows no respite
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank is likely to leave its base rate unchanged at 13% next…
ECB bars policymakers from speculating after backlash, Fed scandals
FRANKFURT (Reuters) – The European Central Bank has banned its top officials from picking stocks and bonds or making short-term…
Advent to buy Maxar Technologies for about $4 billion – WSJ
(Reuters) – Advent International has agreed to buy Maxar Technologies Inc in a deal that values the satellite owner and…
Germany on Twitter suspensions: ‘We have a problem, @Twitter’
By Thomas Escritt BERLIN (Reuters) -The German Foreign Office tweeted screenshots on Friday of the accounts of journalists suspended by…
Debt-laden Italy lashes out at ‘crazy’ ECB after rate hike
By Alvise Armellini and Francesco Canepa ROME/FRANKFURT (Reuters) – Italian ministers lashed out at the European Central Bank on Friday,…
Energy crisis fuels coal comeback in Germany
By Vera Eckert and Tom Sims FRANKFURT (Reuters) – Coal has made a comeback in Germany this year, as Europe’s…