Mois : mars 2019

Algeria’s Bouteflika names new caretaker government

ALGIERS, March 31 () – Algerian President Abdelaziz Bouteflika named a new caretaker government on Sunday, keeping Army Chief of Staff Ahmed Gaed Salah in his post as deputy defence minister even after he called for Bouteflika to be declared unfit for office. Announcing the new cabinet, state television said Bouteflika had appointed central bank

UPDATE 1-Amelie de Montchalin named new French European affairs minister

FILE PHOTO: Member of parliament Amelie de Montchalin of « La Republique en Marche » (Republic on the Move or LREM) political party attends the questions to the government session at the National Assembly in Paris, France, October 24, 2017. /Charles Platiau/File PhotoPARIS () – French President Emmanuel Macron appointed legislator Amelie de Montchalin as new European

This is why historic car maker Riley is returning to Coventry

It is one of Coventry’s original car makers and a project aimed at keeping its history alive means it is set to make a dramatic return to the city.Riley was a pace-setter in the early days of the car industry and also gained an enviable reputation in the world of motor racing. Like many British

Amelie de Montchalin named new French European affairs minister

PARIS, March 31 () – French president Emmanuel Macron appointed legislator Amelie de Montchalin as new European affairs minister on Sunday to replace Nathalie Loiseau in a small expected cabinet reshuffle two months before the European elections. Loiseau quit her job on Wednesday to lead President Emmanuel Macron’s party for the European election campaign. The

Box Office: ‘Dumbo’ Lands at No. 1 With Soft $45 Million

LOS ANGELES, (Variety.com) – Disney’s “Dumbo” had an underwhelming liftoff at the domestic box office. Tim Burton’s live-action remake debuted with $45 million from 4,259 North American theaters, below expectations heading into the weekend. Producer Katterli Frauenfelder, actor Colin Farrell, actor Nico Parker, director Tim Burton, actor Finley Hobbins, actor Eva Green, actor Danny DeVito,

UPDATE 3-ECB’s hawkish Knot makes dovish sounds on rates long-term

FILE PHOTO: President of Dutch central bank De Nederlandsche Bank (DNB) Klaas Knot arrives for the Frankfurt Finance Summit in Frankfurt March 19, 2013. /Lisi Niesner BERLIN () – Dutch central bank Governor Klaas Knot expects the euro zone economy to recover speed in the second half after a sluggish start to the year, but

Japan’s banks can’t blame BOJ for their problems, new head of lobby says

TOKYO () – Japanese lenders should not blame the Bank of Japan’s ultra-loose monetary policy for their inability to boost trading revenue or for poor returns borne of lax risk management, the newly appointed head of the country’s banking lobby said. FILE PHOTO: Makoto Takashima speaks during an interview with at the bank’s headquarters in

MIDEAST STOCKS-Abu Dhabi slips further, banks support Saudi market

DUBAI, March 31 () – Stock markets in the Gulf were mixed on Sunday with Abu Dhabi experiencing losses after some shares traded ex-dividend last week, while the Saudi market was lifted by the banking sector. The Saudi index added 0.4 percent, with Al Rajhi Banking & Investment Corporation up 1.7 percent and registering the

UPDATE 1-UAE economy rebounds in 2018, but more slowly than expected

DUBAI () – The United Arab Emirates’ economy grew by around 1.7 percent in 2018, slower than projected despite a boost from higher oil prices, official preliminary data showed. The UAE growth figures follow Dubai’s disclosure last week that its economy grew by 1.94 percent in 2018, its slowest pace since a contraction in 2009

UPDATE 1-ECB’s hawkish Knot makes dovish sounds on rates long-term

FILE PHOTO: President of Dutch central bank De Nederlandsche Bank (DNB) Klaas Knot arrives for the Frankfurt Finance Summit in Frankfurt March 19, 2013. /Lisi Niesner BERLIN () – Dutch central bank Governor Klaas Knot expects the euro zone economy to recover speed in the second half after a sluggish start to the year, but

UPDATE 1-ECB’s hawkish Knot makes dovish sounds on rates long-term

(Adds comments on bank financing, Brexit) BERLIN, March 31 () – Dutch central bank Governor Klaas Knot expects the euro zone economy to pick up speed in the second half after a sluggish start to the year, but in an interview with Handelsblatt the noted hawk was distinctly dovish on long-term interest rates. Knot, one

UPDATE 1-Saudi Arabia to raise around $31 bln in debt this year

DUBAI () – Saudi Arabia plans to issue 118 billion riyals ($31.5 billion) in debt this year to help finance the national budget deficit, the country’s Debt Management Office (DMO), part of the ministry of finance, said. Saudi Arabia has borrowed extensively over the past few years to refill state coffers depleted by a drop

China’s services activity quickens in March – official PMI

FILE PHOTO – A waiter prepares a table for service at Haidilao’s new artificial intelligence hotpot restaurant in Beijing, China, November 14, 2018. /Jason Lee/File Photo BEIJING () – Growth in China’s services industry quickened in March, an official survey showed on Sunday, offering some respite for a slowing economy. The official non-manufacturing Purchasing Managers’

Dream home of the week: The Spinney

If you have ever fancied living in a unique 21st century designed family home in a unique location, our dream home of the week is right up your street.The Spinney is a six bedroom family home on Fulbrook Lane – in between Warwick and Stratford. Despite being just a short distance away from two of

Australia to boost national security funding by $400 mln – newspaper

FILE PHOTO: The Australian Prime Minister Scott Morrison attends a news conference in Canberra, Australia August 24, 2018. /David GrayMELBOURNE () – Australia’s budget for the 2019/20 fiscal year will include an additional A$570 million ($404.36 million) for national security to boost counter-terrorism and anti-espionage operations, The Weekend Australian newspaper reported on Saturday. The extra

UPDATE 7-U.S., China report progress in Beijing trade talks

BEIJING/PALM BEACH, Fla. () – U.S. President Donald Trump said on Friday that trade talks with China were going very well, but cautioned that he would not accept anything less than a “great deal” after top U.S. and Chinese trade officials wrapped up two days of negotiations in Beijing. China’s Vice Premier Liu He (C)

Forex firm TransferWise to sell stake in new fundraising round -sources

() – TransferWise Ltd, the money transfer startup whose investors include entrepreneur Richard Branson and PayPal Holdings Inc founders Peter Thiel and Max Levchin, is seeking to sell a stake in itself in a new fundraising round, people familiar with the matter said on Friday. The fundraising comes as TransferWise and other startups are shaking

Argentina ministry sends central bank charter to Congress

FILE PHOTO: Argentina’s Central Bank facade, in Buenos Aires, Argentina March 26, 2019. /Agustin MarcarianBUENOS AIRES () – Argentina’s finance ministry sent a bill to Congress on Friday for a new central bank charter that bans the entity from financing the Treasury and once again emphasizes its main role as fighting inflation. The bill, which

UPDATE 3-Versum opens books, begins to warm to rival suitor Merck KGaA

() – Versum Materials Inc has opened its books to suitor Merck KGaA, saying the German group’s unsolicited $5.9 billion offer might be sweetened and could edge out an agreed merger with Entegris. FILE PHOTO: A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany January 28, 2016. /Ralph Orlowski/File Photo“Merck’s

UPDATE 2-European stocks rise, clocking best quarter in 4 years

() – European shares rose on Friday and headed for their best quarterly performance in four years, helped by encouraging signals from U.S.-China trade talks and a surge for the world’s second-biggest apparel retailer, H&M. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, October 9, 2017. /Staff/RemoteThe