Author Archives: Syndicated Content
Bank lending could dry up in crypto-currency economy, warns BoE's Cunliffe
LONDON (Reuters) - The rise of digital currencies such as Facebook's Libra could lead to a drying up of credit flowing into the broader economy, Bank of England Deputy Governor Jon Cunliffe said on Fr...
Feb 28, 2020
Teenage Afghan guitar player eyes Taliban peace deal with trepidation
By Hameed Farzad KABUL (Reuters) - Like many young Afghans, 13-year-old music student Sara Habib is nervous about an agreement between the Taliban and the United States due to be signed in Doha on Sat...
Feb 28, 2020
Intesa Sanpaolo hires four additional advisers for UBI Banca bid
MILAN (Reuters) - Intesa Sanpaolo has picked JP Morgan, Morgan Stanley, UBS and Equita Sim as advisers for its bid on rival UBI Banca , Italy's biggest retail bank said on Friday. The four investment ...
Feb 28, 2020
Coronavirus now poses 'very high' risk at global level: WHO
By Stephanie Nebehay GENEVA (Reuters) - The risk of spread and impact of the coronavirus is now "very high" at a global level, the highest level of alarm, but containment is still possible, the World ...
Feb 28, 2020
Goldman expects 75 bps of Fed rate cuts by June
LONDON (Reuters) - Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday, implying as many as three cuts starting a...
Feb 28, 2020
Spanish court refuses U.S. extradition request for ex-Venezuelan minister
MADRID (Reuters) - Spain's High Court on Friday denied a U.S. extradition request for former Venezuelan minister Javier Alvarado Ochoa in connection with an investigation into money-laundering. It sai...
Feb 28, 2020
Mulvaney alleges U.S. media is focusing on coronavirus to hurt Trump, advises turning off TV
By Lisa Lambert WASHINGTON (Reuters) - White House Acting Chief of Staff Mick Mulvaney on Friday played down the deadly coronavirus that has caused U.S. stock markets to plummet, telling top conservat...
Feb 28, 2020
Both Illinois coronavirus patients recovered and returned home-governor
(Reuters) - Illinois Governor J.B. Pritzker on Friday said that the state had "successfully contained" the coronavirus to two confirmed cases, with both patients recovering fully and returning home. E...
Feb 28, 2020
'Big Dog' and the 'omnipotent sheikh' - how Qatar saved Barclays
By Kirstin Ridley and Lawrence White LONDON (Reuters) - When Roger Jenkins was asked to help Barclays avoid a state bailout at the height of the financial crisis in 2008, he was expecting a bonus not ...
Feb 28, 2020
U.S. lawmakers may vote on coronavirus response bill as soon as next week: source
WASHINGTON (Reuters) - The U.S. House of Representatives could vote on an emergency bill aimed at providing funding for the country's coronavirus response as soon as next week, a congressional source ...
Feb 28, 2020
