(Reuters) -National Bank of Canada and Canadian Imperial Bank of Commerce (CIBC) have dropped out as bidders for HSBC Holdings…
Nigeria’s Buhari backs central bank on new banknotes
ABUJA (Reuters) – Nigerian President Muhammadu Buhari on Sunday said he backed the central bank’s decision to try to mop…
Royal Mail workers’ union withdraws November strike plan in UK
(Reuters) – The Royal Mail’s largest labour union, the Communications Workers Union (CWU), has withdrawn its planned strike action in…
BoC’s Macklem: No threat to independence of Canada’s central bank – report
(Reuters) – Bank of Canada Governor Tiff Macklem was quoted in a published report on Sunday saying that he feels…
ECB’s next rate move likely between 50 and 75 bps, Knot says
AMSTERDAM (Reuters) -The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next…
Cathay Pacific to resume some flights in Russian airspace
By JaiveerSingh Shekhawat and Mrinmay Dey (Reuters) -Hong Kong’s Cathay Pacific Airways Ltd will resume using Russian airspace on some…
Goldman Sachs sees Fed rates peaking at 5% in March – Bloomberg News
(Reuters) – Goldman Sachs Group Inc’s economists said the U.S. Federal Reserve could bump up interest rates to as high…
China central bank reaffirms it will step up support for real economy
BEIJING (Reuters) – China’s central bank will step up credit support for the real economy while keeping the yuan basically…
He Lifeng: China’s expected new economic tsar has big shoes to fill
By Kevin Yao BEIJING (Reuters) – He Lifeng, head of China’s state planning agency, is likely to succeed the country’s…
UK companies see tough conditions enduring in months ahead: CBI
LONDON (Reuters) – British businesses think the gloom hanging over their prospects will persist in the coming months, according to…