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Bladex, TC Latin, Toesca JV Announce Launch Of Greenbridge Capital
Banco Latinoamericano de Comercio Exterior - Bladex (BLX), TC Latin America Partners and Toesca Asset Management announced Friday the launch of Greenbridge Capital, a regional private lending platform, whose first factoring vehicle will be funded by Bladex.
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Euro Advances Amid Hawkish Comments From ECB Officials
The euro was higher against its most major counterparts in the European session on Friday, as market participants lowered expectations for rate cuts following comments from policymakers of the European Central Bank.
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Cantaloupes Recalled After Salmonella Outbreak
Fresh cantaloupes and various cantaloupe products have been recalled citing the potential contamination with Salmonella, according to the U.S Food and Drug Administration or FDA. The recalls were initiated following a Salmonella outbreak throughout the United States, and Canada. According to Centers for Disease Control and Prevention or CDC, several illnesses have been reported to date in connecti
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Před 607 dny
German Economy Shrinks 0.1% As Estimated
Germany's economy contracted slightly, as initially estimated, in the third quarter with the household consumption that used to be the pillar of growth, acting as a drag. Confirming the initial figures, detailed data from the statistical office Destatis showed on Friday that gross domestic product shrank 0.1 percent quarterly.
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Sensex, Nifty End Marginally Lower; Adani Group Stocks Rally
Indian shares fluctuated before ending marginally lower on Friday due to muted cues from global markets.
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Barclays Plans To Cut $1.25 Bln Costs, Up To 2,000 Jobs
British banking major Barclays Plc. is planning to cut costs by as much as 1 billion pounds or $1.25 billion over several years through various measures including up to 2,000 job cuts, Reuters reported citing people with knowledge of the matter. The planned job cuts mainly would be in the British bank's back office. The proposed move likely reflects the bank's aim to bolster its profitability.
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Před 607 dny
European Shares Little Changed As Yields Climb On Rate Worries
European stocks were little changed on Friday as Treasury yields edged up on uncertainty about the rate outlook.
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more news
FTSE 100 Edges Lower On Inflation Concerns
U.K. stocks traded lower on Friday after Bank of England's chief economist Huw Pill told the Financial Times that it was too early to declare victory in the battle against high inflation.
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CAC 40 Struggles For Direction In Early Trade
French stocks were little changed in lacklustre trade on Friday in the absence of Wall Street cues.
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Před 607 dny
Amended: DAX Little Changed As GDP Contracts
German stocks were little changed on Friday after official data showed the German economy contracted slightly in the third quarter compared with the previous three months.
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Před 607 dny
Asian Shares Mixed Amid China Concerns
Asian stocks turned in a mixed performance on Friday, with Chinese and Hong Kong markets underperforming after wealth manager Zhongzhi Enterprise Group told investors it is heavily insolvent with up to $64 billion in liabilities. Trading volumes were muted due to a holiday in the U.S. for Thanksgiving.
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Před 607 dny
Japan Inflation Rises; Private Sector Stagnates
Japan's consumer price inflation rose for the first time in four months in October and continued to remain well above the 2 percent target, official figures revealed on Friday. Preliminary results of the the Purchasing Managers' survey showed that the private sector activity stalled in November, ending a ten-month sequence of growth, as the strength in the service sector was offset by the contra
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Před 607 dny
Yen Recovers Against Majors
The Japanese recovered from recent lows against other major currencies in the Asian session on Friday.
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Před 607 dny
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