UK banks, pressed on mortgage stress, agree to longer foreclosure relief
A row of for sale boards are pictured in London January 4, 2008. REUTERS/Luke MacGregor (BRITAIN)LONDON, June 23 (Reuters) -...
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Romania has strong pool of renewable energy, transport projects for EU funds, European Investment Bank official says
BUCHAREST, June 22 (Reuters) - Renewable energy and transport infrastructure led a surge of projects vying for European Union recovery funds in Romania, where the government's capacity to tap funding has increased, a European Investment Bank (EIB) vice president said on Thursday.Romania stands to get up to 30 billion euros ($32.87 billion) worth of grants and loans until 2026 out of the EU's 724 billion euros Recovery and Resilience Facility (RRF), designed to help economies' post-pandemic rebound.Within central Europe, where Poland and Hungary are still struggling to unlock the funds,...
Analysis: Investors increase bets on UK recession as rate hikes bite
LONDON, June 21 (Reuters) - Markets are doubling down on bets for a UK recession after the Bank of England...
AMERICAS Dogged central banks rein in risk
A look at the day ahead in U.S. and global markets from Mike DolanEven if investors sense light at the...
World Bank aims to expand Ukraine aid for energy, transport projects
LONDON, June 20 (Reuters) - The World Bank is looking to enhance aid to Ukraine for urgent repair projects in...
U.S. equity funds register biggest weekly inflow in 28 months
June 16 (Reuters) - U.S. equity funds saw their most substantial weekly net purchases since early 2021 during the seven...
Small funds eyeing big gains pile on Venezuela debt
Vendors prepare products at a store painted with Venezuelan and U.S. flags in Maracaibo September 12, 2008. REUTERS/Isaac Urrutia/File PhotoCARACAS/MADRID/NEW YORK, June 15 (Reuters) - Small funds and investors outside the United States are looking to increase their exposure to Venezuelan bonds, on the expectation of debt renegotiations or of legal action tied to a looming expiry of repayment rights, investors and four financial sector sources said.Many of the bonds are trading at pennies on the dollar after a default in 2017, compounded by 2018 sanctions from Washington that barred...
Czech government approves plan seeking EU recovery fund loan
PRAGUE, June 14 (Reuters) - The Czech centre-right cabinet on Wednesday approved seeking a 137 billion crown ($6.25 billion) loan...
UBS completes Credit Suisse takeover to become wealth management behemoth
UBS has completed its takeover of Credit SuisseNew management changes announcedCredit Suisse CFO and General Council to leaveZURICH, June 12...
Bank of England’s Mann sees case for UK carbon tax
LONDON, June 12 (Reuters) - Britain and other rich nations should consider a carbon tax as the most efficient way...
