Article content DUBAI — Lebanon’s central bank on Friday extended a circular allowing banks to purchase an Article content unlimited amount of U.S. dollars on its Sayrafa exchange platform until the end of October, a central bank statement said. (Reporting by Timour Azhari; Editing by Jon Boyle)
Article content ROME — Outgoing Prime Minister Mario Draghi’s government has strengthened naval surveillance and controls on the pipelines bringing gas to Italy from the south and east, two senior officials told Reuters. The move comes after the discovery of leaks on the Nord Stream pipelines this week. EU states say they believe the damage […]
Article content MUMBAI — India’s markets regulator will restart a review of a $440 million initial public offering of Digit Insurance after the company resolved certain compliance issues that had led to the regulator putting the process on hold, two sources told Reuters on Friday. The Securities and Exchange Board of India (SEBI) put Canadian […]
Article content MOSCOW — Gazprom shareholders backed Russia’s biggest ever dividend payout totalling 1.208 trillion roubles ($21 billion) at an extraordinary general meeting (EGM) of the state-controlled gas giant on Friday. Shareholders backed an interim dividend of 51.03 roubles ($0.8921) per share, the gas producer said in a regulatory disclosure. Article content The total payout […]
Article content LONDON — The United Nations International Fund for Agricultural Development (IFAD) is in talks with the International Monetary Fund on joining forces on a new financing program designed to shore up sustainable growth in poorer countries. IFAD could become a partner of the IMF’s $45 billion lending initiative, the Resilience and Sustainability Trust […]
Article content BERLIN, Sept 29 (Reuters) – The German government has agreed a comprehensive relief package which involves significant but responsible spending to tackle soaring energy prices, government sources said on Thursday. Article content One source said a volume of 200 billion euros ($193.68 billion) had been discussed. A previously planned gas levy on consumers […]
Article content MILAN — Porsche AG shares rallied on their Frankfurt market debut on Thursday as traders dumped holdings of its controlling companies to grab a slice in the newly listed supercar manufacturer. The listing of Porsche AG, under a trading code that includes the 911 number in a nod to its most famous model, […]
Article content LONDON — Hsbc to review location of global hq in london – memo Lease at canary wharf tower expires in early 2027, options under review include staying in current building with additional renovations – memo (Reporting by Huw Jones)
Article content LONDON — HSBC will undertake a review of whether to keep its global headquarters in London’s Canary Wharf financial district, according to a memo sent to staff and seen by Reuters on Thursday. The bank said it had decided to undertake a review “of the best future location in London” ahead of its […]
Article content LONDON — London Stock Exchange Group told market participants on Wednesday not to use its systems for transactions that could breach financial sanctions imposed on Russia following its invasion of Ukraine. LSEG suspended trading in Russian listings on its platform after Russia’s invasion began in February and Western powers rolled out sanctions to […]