A rise in nominal bond yields in the euro zone would be welcome if it is accompanied by higher inflation expectations, showing that the European Central Bank's anti-pandemic stimulus is working, ECB policymaker Isabel Schnabel said on Friday.
China stocks fell sharply on Friday to end the week lower, in line with global markets, with the blue-chip index posting its worst week in 28 months, as a rout in global bonds sent yields flying and dampened appetite for risky assets.
Tullow Oil Plc said on Friday it has agreed to a new reserve-based loan of about $1.7 billion with its banks, taking its liquidity to roughly $900 million, including free cash and available debt.
U.S. President Joe Biden is disappointed in the ruling by the Senate parliamentarian that the chamber cannot include his proposed $15-an-hour minimum wage in a $1.9 trillion coronavirus bill, White House spokeswoman Jen Psaki said on Thursday.
U.S. President Joe Biden is disappointed in the ruling by the Senate parliamentarian that the chamber cannot include his proposed $15-an-hour minimum wage in a $1.9 trillion coronavirus bill, White House spokeswoman Jen Psaki said on Thursday.