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May 27, 2021
(Bloomberg) -- Absa Group Ltd. is casting its net wider with plans to expand in the U.S., China, Europe and the Middle East, as the bank looks to grow its client base of companies investing in Africa.
May 27, 2021
A Warming Planet Is About to Revolutionize How Banks Define Risk May 27 2021, 3:56 PM May 27 2021, 12:08 PM May 27 2021, 3:56 PM (Bloomberg) -- (Bloomberg) -- Itâs increasingly likely that banks will face new capital requirements that will reflect how exposed their loan books are to climate change. âThat is the logical next step,â Janine Dow, a senior director for sustainable finance at Fitch Ratings, said in an interview. âBecause once you size a problem, then you ide...
May 26, 2021
May 25 2021, 9:11 PM May 25 2021, 5:59 PM May 25 2021, 9:11 PM (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Hungaryâs central bank said it was ready to deliver monetary tightening, largely in line with a deputy governorâs guidance about the likely start of rate hikes next month after ...
May 26, 2021
May 26 2021, 6:59 AM May 25 2021, 7:13 PM May 26 2021, 6:59 AM (Bloomberg) -- Lordstown Motors Corp. shares tumbled after the electric-vehicle company cut its full-year production expectations for its Endurance pickup truck and said it will need outside capital. (Bloomberg) -- Lordstown Motors Corp. shares tumbled after the electric-vehicle company cut its full-year production expectations for its Endurance pickup truck and said it will need outside capital. Shares fell 7.4%, trimming some of t...
May 26, 2021
(Bloomberg) -- Nigeria’s central bank held its benchmark interest rate for a fourth straight meeting, prioritizing the recovery of the economy from last year’s recession over fighting inflation that’s near a four-year high. The monetary policy committee kept the rate at 11.
May 26, 2021
(Bloomberg Markets) -- Central bankers around the world are mulling the future of their massive bond-buying programs in a post-pandemic world, knowing that with big balance sheets come big expectations.
May 26, 2021
(Bloomberg) -- Thailand’s King Maha Vajiralongkorn endorsed a $16 billion borrowing plan to shield Southeast Asia’s second-largest economy from the impact of a raging coronavirus outbreak that’s threatening a nascent recovery and plans to reopen borders to tourists.
May 26, 2021
(Bloomberg) -- Private equity firms are snapping up U.K. companies at a rate not seen since before the 2008 financial crisis. Buyout firms have spent $18.3 billion on takeovers of publicly-traded British targets this year, according to data complied by Bloomberg.
May 26, 2021
Capri Holdings Ltd (CPRI) Q4 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Capri Holdings Ltd (NYSE: CPRI) Popular Searches Greetings. Welcome to the Capri Holdings Limited Fourth Quarter 2021 Earnings Conference Call. [Operator Instructions] I will now turn the conference over to Jennifer Davis, Vice President of Investor Relations. Thank you. You may begin.SPONSORED: 10 stocks we like better than Capri Ho...
May 25, 2021
(Bloomberg) -- German residential property firm Vonovia SE agreed to acquire rival Deutsche Wohnen SE for about 19 billion euros ($23 billion) in the biggest-ever takeover in European real estate. Vonovia will offer 53.