Financials (Legacy)

Sudan central bank strengthens currency to 45 Sudanese pounds to…

Sudan central bank strengthens currency to 45 Sudanese pounds to…

Published 21/04/2019

CAIRO (Reuters) - Sudan’s central bank on Sunday strengthened the Sudanese pound to 45 pounds to the dollar from 47.5, state news agency SUNA reported. [more…]

Exclusive: Advent readies new $2.2 billion Latam private equity…

Exclusive: Advent readies new $2.2 billion Latam private equity…

Published 18/04/2019

SAO PAULO (Reuters) - U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, [more…]

Italy’s UniCredit says it is among banks accused of running bond…

Italy’s UniCredit says it is among banks accused of running bond…

Published 11/04/2019

MILAN (Reuters) - Italy’s biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government [more…]

Bank mergers key to stronger euro zone: French finance minister

Bank mergers key to stronger euro zone: French finance minister

Published 05/04/2019

BUCHAREST (Reuters) - Mergers in Europe’s fragmented banking sector are necessary to make the sector more resilient as the euro zone seeks to protect itself [more…]

Alibaba, Tencent, car makers set up $1.5 billion China ride-hailing…

Alibaba, Tencent, car makers set up $1.5 billion China ride-hailing…

Published 22/03/2019

BEIJING (Reuters) - Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move that [more…]

Brexit crisis tipped for British asparagus as EU seasonal workers…

Brexit crisis tipped for British asparagus as EU seasonal workers…

Published 18/03/2019

ROSS-ON-WYE, England (Reuters) - For almost 100 years, Chris Chinn’s family has farmed asparagus in the rolling hills of the Wye Valley in western England. [more…]

China’s crowded co-working industry turns to services amid funding…

China’s crowded co-working industry turns to services amid funding…

Published 18/03/2019

HONG KONG/SHANGHAI (Reuters) - Co-working space operators in China are shifting their focus from ambitious expansion plans to services such as customizing offices for clients, [more…]

Singtel signs deal to expand mobile wallet alliance to Japan

Singtel signs deal to expand mobile wallet alliance to Japan

Published 18/03/2019

SINGAPORE (Reuters) - Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in [more…]

Carry on – central bank signals leave ‘carry’ traders chasing more

Carry on – central bank signals leave ‘carry’ traders chasing more

Published 18/03/2019

LONDON (Reuters) - Collapsing asset price volatility has turned ‘carry trading’ into one of investors’ top plays of 2019. Many reckon the run is far [more…]

Dollar on back foot after soft data fans bets on dovish Fed

Dollar on back foot after soft data fans bets on dovish Fed

Published 18/03/2019

TOKYO (Reuters) - The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year [more…]