Global equity benchmarks jumped and safe-haven currencies such as the U.S. dollar dipped on Tuesday as Janet Yellen used a confirmation hearing on her appointment as Treasury secretary to bolster the case for additional fiscal stimulus.
Bank of America Corp executives said on Tuesday they were optimistic the bank could return to loan growth this year, after the coronavirus pandemic caused its loan book to shrink on an annual basis for the first time since 2014.
The Swiss office of the attorney general (OAG) said on Tuesday it had requested mutual legal assistance from the Lebanese authorities related to an investigation into money laundering and possible embezzlement tied to Lebanon's central bank.
United States moves to sanction a pipe-laying vessel Fortuna Germany under renewed pressure amid Kremlin critic Navalny’s arrest in Moscow Kremlin closely follows developments, plans to complete works Extracts from Gazprom’s Eurobond prospectus (Adds Kremlin comments)
MOSCOW, Jan 19 (Reuters) - Russian gas producer Gazprom has acknowledged in a Eurobond prospectus seen by Reuters on Tuesday that there are risks that the Nord Stream 2 gas pipeline project may be suspended or scrapped amid political pressure.
The undersea Russia-to-Germany pipeline, set to double the existing Nord Stream’s annual capacity to 110 billion cubic metres, has become a point of contention between Moscow and Washington, which has slapped sanctions against the project.
By Reuters Staff
1 Min Read
Italia Viva party leader and former Italian Prime Minister Matteo Renzi arrives to attend a debate at the Senate prior to a confidence vote, in Rome, Italy January 19, 2021. Alessandra Tarantino/Pool via REUTERS
ROME (Reuters) - Matteo Renzi’s Italia Viva party will abstain in a crucial confidence vote in the Italian Senate on Tuesday, party sources said, denying rumours they may vote against Prime Minister Giuseppe Conte’s ruling coalition.
An abstention means the government would almost certainly survive the do-or-die vote.
A report on the website of Corriere Della Sera daily said the party was considering a “no” vote, despite earlier comments by its former Agriculture Minister Teresa Bellanova saying it would abstain as it did in the Chamber of Deputies on Monday.