HAVANA (Reuters) – Cuba’s Central Bank on Friday lashed out against a “vulture fund” seeking to cash in on unpaid government debt lingering from the era of former leader Fidel Castro, calling illegitimate its claims against the Communist-run island in a London court. CRF I Ltd, an investor in defaulted Cuban sovereign debt since 2009, …
BRUSSELS (Reuters) – The European Commission on Friday asked member states for input by Jan. 25 on proposals to ease state aid rules, as the bloc considers measures to prevent the United States from luring away investment with its green energy subsidy package. “We need a strong European response,” the Commission’s Vice-President Margrethe Vestager said …
EU asks member states for proposals on how to ease state aid rules Read More »
Por Amruta Khandekar y Ankika Biswas 13 ene (Reuters) -Las acciones estadounidenses terminaron ligeramente al alza el viernes y registraron una segunda semana consecutiva de ganancias, con JPMorgan Chase y otros bancos subiendo luego de sus resultados del cuarto trimestre, que dieron inicio a la temporada de ganancias. * Pero la preocupación por los resultados …
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for a possible recession, while showing caution about forecasting income growth in an uncertain economy and as higher rates increase competition for deposits. The outlook for big U.S. banks has been clouded by the Russia-Ukraine conflict …
Wall St banks stockpile funds, see uncertain outlook and competition for deposits Read More »
By David Morgan WASHINGTON (Reuters) – Republicans who control the U.S. House of Representatives wasted no time this week using their new majority to pass political messaging bills that appeal to conservative voters on hot-button issues, but often involved more hyperbole than substance. After a historic struggle to elect Kevin McCarthy as their speaker, House …
Analysis-U.S. House Republicans favor message over substance in early legislation Read More »
(Reuters) – British Foreign Secretary James Cleverly said on Friday that Iran must not follow through with threat of execution of British-Iranian national Alireza Akbari. “The Iranian regime should be in no doubt. We are watching the case of Alireza Akbari closely,” he said in a tweet. Cleverly on Wednesday called for immediate release of …
UK’s Cleverly says Iran must not follow through with Akbari execution threat Read More »
By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than a dollar a barrel higher on Friday, notching their biggest weekly gains since October, as the U.S. dollar dropped to a seven-month low and more indicators pointed toward growing demand from top oil importer China. Brent crude futures settled at $85.28 a barrel, up …
Oil posts biggest weekly gain since October on China hopes, dollar slump Read More »
(Reuters) – A record number of business and government leaders will descend on the Swiss resort of Davos next week to pore over challenges ranging from global economic slowdown to environmental collapse as the World Economic Forum returns to its winter slot. Criticised by some as a talking shop for the jetset that merely adds …
Davos expects record turnout as resumes winter slot Read More »
Por John McCrank NUEVA YORK, 13 ene (Reuters) – El yen subió el viernes, lo que se sumó a ganancias anteriores por las especulaciones de que el Banco de Japón (BOJ) revisará su política monetaria ultraexpansiva, mientras que el dólar avanzó frente a la mayoría de las otras monedas importantes, para repuntar desde un mínimo …
By Kate Abnett BRUSSELS (Reuters) – The European Union has drafted plans to require companies to back up green claims about their products with evidence, in a bid to fight greenwashing and misleading advertisements, according to a document seen by Reuters. The draft legal proposal by the European Commission aims to clamp down on companies …
EU plans law forcing companies to prove green claims are real – draft Read More »
