Global oil prices have plunged since March as coronavirus lockdowns have eroded demand and oil producing nations have waged a price war. Credit Suisse,...
Intesa unveiled in February an all-paper exchange offer for UBI to create the euro zone's seventh-largest banking group and drive profits. Italy's antitrust body...
The board of directors by majority vote cut its interest rate by half a percentage point to 2.75%. In this way, the countercyclical drive...
Soon after the COVID-19 pandemic hit the world's largest economy, the Fed unveiled the Main Street Lending Program along with a host of other...
Lloyd's shut its "underwriting room" in its London tower on March 19 in response to the coronavirus pandemic and has said it will not...
The People's Bank of China (PBOC) was not immediately available to comment. During the meeting, a CFETS official also warned of rising bond market...
Pakistan plans to launch these bonds in next fiscal year. Another official at Pakistan's ministry of economic affairs said Pakistan wants to raise an...
Though the coronavirus has infected only 124 people in Cambodia. "The collapse of growth drivers has hurt economic growth and put at least 1.76...
Lending growth to non-financial corporations accelerated to 6.6% in April, its fastest rate in over 11 years, from 5.5% a month earlier, the data...
Presenting the Bank of Italy's annual report, he said the ECB was ready to use all the instruments available to ensure that every sector...