DBT – Page 32 – Money Lowdown

Banking

UK’s FTSE 100 ends flat as BOJ sparks rate worries, higher on the week

July 28, 2023

A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London,...

Money

Italy wins EU nod to clinch 18.5 bln euros in post-COVID funds

July 28, 2023

ROME, July 28 (Reuters) - The European Commission said on Friday it had provisionally approved the payment to Italy of...

Banking

Global money market funds draw big weekly inflows on investor caution

July 28, 2023

The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai...

Banking

Morning Bid: BOJ excites, Dow unlucky but Intel jumps

July 28, 2023

101

A look at the day ahead in U.S. and global markets from Mike DolanThe Bank of Japan added its own...

Banking

ECB fans talk of September pause after raising rates to 23-year high

July 27, 2023

July rate hike was seen as a done dealSeptember move up in the air after Lagarde commentsMarkets still see September...

Funds

Italian gas group Snam seeks to tap EU green energy funds

July 27, 2023

MILAN, July 27 (Reuters) - Italy's state-controlled gas grid operator Snam (SRG.MI) said on Thursday it expected to get a financial support for some of its projects from the European Union's REPowerEU green energy scheme.The Italian government, which is struggling to spend 191.5 billion euros ($210.59 billion) of EU post-COVID funds by 2026, wants to shift some of that money to REPowerEU projects.According to a document released by the government, Rome could spend in total 19 billion euros ($21 billion) under the REPowerEU, with more than 400 million euros earmarked...