Danish EU commissioner pulls out of the race for the top job at the European Investment Bank
The European Union’s powerful antitrust chief has withdrawn as a candidate for the presidency of the European Investment BankBy JAN...
archivebusiness
Spain finance chief Calvino to head EU’s lending arm | News
Spain's Economy Minister Nadia Calvino, the newly-named European Investment Bank (EIB) chief, is a politician who is well-versed in EU...
Is the US economy on track for a ‘soft landing’? Friday’s jobs report may offer clues
WASHINGTON -- Can the U.S. economy achieve a much-hyped “soft landing”? Friday's jobs report for November will provide some signs...
The German economic model has been destroyed by its own hubris
With that cut off, costs have soared, hollowing out the industrial base. Even worse, Germany complacently closed down its nuclear...
New US-Mexico agreement to monitor foreign investments comes as more Chinese money flows into Mexico
MEXICO CITY (AP) — As more Chinese money flows into Mexico, the United States and Mexico on Thursday agreed to...
UK financial regulators to assume direct oversight of critical technology suppliers
British banking regulators have proposed further checks on financial firms' reliance on third party technology companies.
The Bank of...
Hopes for a Mercosur-EU trade deal fade yet again as leaders meet in Brazil
SAO PAULO -- Heads of state from South America's Mercosur trade bloc were in Rio de Janeiro on Thursday for...
Bank of England warns private credit poses threat to financial stability
Sarah Breeden, the Bank’s deputy governor with responsibility for financial stability, said risky corporate lending “is a business model that...
23% of NRIs from the US, UK, Canada, Singapore prefer Mumbai as destination for business or investment: Survey
Witnessing India’s tremendous economic progress, the country has become the leading destination for NRIs, attracting a significant influx of NRI-led...
Qatar slashes stake in Barclays amid turnaround push at the bank
The Qatari sell-down comes at a bleak time for the global banking sector. Rating agency Moody’s on Monday issued a...
