LONDON (Reuters) – World stock markets rebounded on Wednesday after a spectacular reboot in US tech stocks, with both the US dollar and benchmark government yields rising in the US. Treasury auctions and inflation have outpaced reading later. File photo: A man wearing a face mask stands Nik Nik in …
Read More »Society General Earnings Q42020
This photo, taken on October 28, 2019, shows the logo of the Society General Bank in Istraham, Normandy, France. Summer Al-Dumi | AFP | Getty Images LONDON – The Society General beat analysts’ expectations on Wednesday, describing the second half of 2020 as a “significant improvement” in business, despite the …
Read More »The ECB is taking the creation of the digital euro “very seriously”, says President Christine Lagarde
File photo: European Central Bank President Lagarde addresses the European Parliament in Strasbourg Reuters European Central Bank President Christine Lagarde said Monday that the ECB is “very serious” about the design of the digital euro. At the virtual IMF event, Lagarde said the epidemic has caused a number of structural …
Read More »Eurozone recovery stutters as the service industry suffers
Queue for Covid-19 tests outside laboratory in Paris on September 22, 2020 in Paris, France. Kiran Ridley | Getty Images News | Getty Images Eurozone trade activity was hit in September as countries faced a second wave of coronavirus infections, preliminary figures showed on Wednesday. The Flash Eurozone PMI (Index …
Read More »Caxabank and Bankia merge, forming Spain’s largest bank
The Board of Directors of Bankia and Casaban Bank have agreed to merge, which will give a boost to the Spanish banking sector. Pierre Philippe Marcou, Gabriel Boys AFP The boards of Spain’s Caixabank and the state-owned Bankia have approved a merger plan between the two lenders, which would make …
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