Mois : novembre 2019

BERLIN () – Sharp critics of the coalition with Chancellor Angela Merkel’s conservatives won a vote for the leadership of Germany’s Social Democrats (SPD) on Saturday, raising big questions over the future of the government. Saskia Esken and Norbert Walter-Borjans gesture after being announced by Rhineland-Palatinate State Premier Malu Dreyer as winners of a Social […]

Saskia Esken and Norbert Walter-Borjans gesture after being announced by Rhineland-Palatinate State Premier Malu Dreyer as winners of a Social Democratic Party members’ ballot for leadership in Berlin, Germany, November 30, 2019. /Fabrizio BenschBERLIN () – Opponents of the coalition with Chancellor Angela Merkel’s conservatives won a vote for the leadership of Germany’s Social Democrats […]

BRUSSELS () – Officials from the new European Commission will discuss a report by International Monetary Fund researchers that lists Luxembourg as a world-leading tax haven just days after the former leader of the Grand Duchy departs the EU executive’s helm. FILE PHOTO: General view of the city of Luxembourg, Luxembourg, March 25, 2017. /Eric […]

MILAN () – The head of Italy’s ruling 5-Star Movement said on Saturday the government should not sign off on a reform of the euro zone’s bailout fund until plans for a wider banking union became clearer. FILE PHOTO: Italian Foreign Minister Luigi di Maio speaks during a news conference with U.S. Secretary of State […]

BERLIN () – Germany’s Social Democrats (SPD) will on Saturday announce the winner of a party leadership ballot, whose first task will be to decide whether to quit the ruling coalition with Chancellor Angela Merkel’s conservatives. FILE PHOTO: German Chancellor Angela Merkel and Vice Chancellor and Finance Minister Olaf Scholz attend the weekly cabinet meeting […]

FILE PHOTO: A New Zealand Dollar note is seen in this picture illustration June 2, 2017. /Thomas White/Illustration/File PhotoMELBOURNE () – The New Zealand government plans a significant increase in infrastructure spending, making use of low borrowing costs to “build” the country, Finance Minister Grant Robertson said on Saturday. Economic output of the Pacific country […]

BEIJING () – Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth. FILE PHOTO: An employee works at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, […]

BEIJING () – Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth. FILE PHOTO: An employee works at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, […]

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 27, 2019. /Brendan McDermidNEW YORK () – U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according to data released by Lipper on […]

() – The cost of cars equipped with ultra-fast 5G wireless technology is likely to go up if microchip supplier Qualcomm Inc’s (QCOM.O) patent licensing practices fail to change, a trade group representing major automakers and two leading automotive suppliers said in court filings on Friday. FILE PHOTO: Computer chip maker Intel’s logo is shown […]

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 27, 2019. /Brendan McDermidNEW YORK () – U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according to data released by Lipper on […]

PARIS () – France’s financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. FILE PHOTO: Francois Villeroy de Galhau, governor of the Bank of France, attends a seminar on the sidelines of the G20 finance ministers and central bank governors […]

BEIRUT () – Lebanon’s central bank governor will take “necessary, temporary measures” to preserve the banking sector and depositor rights, the banking association head said on Friday. FILE PHOTO: Salim Sfeir, chairman of the Association of Banks in Lebanon and chief executive of Bank of Beirut, is pictured during an interview with in Beirut, Lebanon […]

JOHANNESBURG () – Two big travel insurance companies in South Africa have stopped covering tickets issued by South African Airways (SAA) against insolvency as doubts grow about whether the struggling state-owned airline can survive. FILE PHOTO: A South African Airways Airbus A340-300 plane prepares to take off at the O. R. Tambo International Airport in […]

() – European shares ended the week with their worst day this month as a clutch of fairly upbeat economic data on Friday failed to assuage investor concerns about a setback in Sino-U.S. trade talks after China’s rebuke over a U.S. law on Hong Kong. The German share price index DAX graph is pictured at […]

OSLO () – Shares of Norwegian bank DNB (DNB.OL) fell 6.4% on Friday after police launched an investigation into the handling of payments from an Icelandic fisheries business to Namibia. FILE PHOTO: A view of DNB bank’s local office in Riga, Latvia November 20, 2013. /Ints Kalnins/File PhotoNorway’s white-collar crime unit late on Thursday said […]

AMMAN () – A financial crisis in Lebanon has hit the economy of neighboring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows. FILE PHOTO: People are seen in the souk in the old city of Damascus, Syria April 17, 2018. /Ali Hashisho/File PhotoShut out of the […]