Barclays has resumed modest shareholder payouts after a year-long hiatus due to the COVID-19 pandemic, setting expectations other British lenders will follow suit when they report 2020 earnings in the next few days.
World stocks were battling to avoid a second day of declines on Thursday as hints of rising inflation led by a one-year high in oil prices and the strongest copper prices in nearly a decade kept traders in check after a boisterous run up.
The Bank of Japan may replace some numerical guidelines for its purchases of exchange-traded funds (ETF) with a pledge to ramp up buying when markets become volatile, three sources familiar with its thinking said.
By Reuters Staff
1 Min Read
DUBLIN, Feb 18 (Reuters) - Ireland and IAG’s Irish airline Aer Lingus are engaged in discussions about the government providing further financial support for the former flag carrier, Deputy Prime Minister Leo Varadkar said on Thursday.
Ireland’s sovereign wealth fund said earlier this month that it had provided a 150 million euro ($181.2 million) three-year loan to the airline that is also a recipient of the state’s wage subsidy scheme for firms hit by the COVID-19 pandemic.
“To say very clearly, Aer Lingus will not be allowed to fail. It is already receiving substantial financial support from government. Discussions are underway on further support for the company so it is there when we need it again,” Varadkar told parliament. ($1 = 0.8279 euros) (Reporting by Padraic Halpin; Editing by Jan Harvey)