By Ahmed Eljechtimi RABAT (Reuters) – The African Development Bank (AfDB) signed a deal on Thursday to lend 350 million euros ($370 mln) to Morocco and is considering loaning the country another 650 million euros to finance infrastructure for the 2030 World Cup. The agreed loan would help Morocco boost economic governance, strengthen water supplies …
African Development Bank pledges $1 billion to Morocco Read More »
(Reuters) – The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary conditions as economic growth slows. The Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.50% for an eleventh straight policy meeting. …
Indian cenbank holds rates steady; cuts banks’ cash reserve ratio Read More »
By Stefano Rebaudo (Reuters) – French debt risk premiums versus safe-haven German Bunds fell on Friday, after French President Emmanuel Macron said he would appoint a new prime minister in the coming days and his top priority would be getting a 2025 budget adopted by parliament. Meanwhile, hopes for joint funding at the European Union …
French debt risk premium drops as Macron says he will appoint new prime minister Read More »
By Ananda Teresia JAKARTA (Reuters) -Indonesia and the Philippines signed an agreement on Friday on the repatriation of a Philippine woman who was sentenced to death for drug trafficking, an Indonesian government minister said. Indonesia’s senior minister for law and human rights affairs Yusril Ihza Mahendra and Philippines Justice Undersecretary Raul Vasquez signed the agreement …
Indonesia, Philippines agree details on repatriating Mary Jane Veloso Read More »
By Tassilo Hummel and Ingrid Melander PARIS (Reuters) -French President Emmanuel Macron will appoint a new prime minister in the coming days whose top priority will be getting a 2025 budget adopted by parliament, he said on Thursday after the government was toppled by lawmakers. Michel Barnier, a veteran conservative, became the shortest-serving prime minister …
France’s Macron says he will appoint a new prime minister in the coming days Read More »
LONDON (Reuters) -British house prices jumped in November by much more than expected, adding to signs of a strengthening property market mortgage lender Halifax said on Friday, but it warned that affordability challenges for buyers remain. House prices rose by 1.3% in monthly terms in November after an upwardly revised 0.4% increase in October to …
UK house prices surge in November as market gains steam, Halifax says Read More »
LONDON (Reuters) -Some British rail services including connections to London’s Heathrow Airport were disrupted on Friday due to a nationwide fault with the communication system used between train drivers and signallers, a statement from National Rail said. Departure information available online showed services delayed into and from stations in London and other major cities. In …
UK rail services disrupted due to communications fault Read More »
(Reuters) – Shares in Puig dropped sharply in early Friday trade after the luxury beauty and fashion company said its Charlotte Tilbury brand was voluntarily withdrawing select batches of its make-up setting spray. Puig, which listed in Madrid in May, said on Thursday the withdrawal was expected to impact performance of its makeup segment, but …
Puig shares drop after withdrawal of some batches of Charlotte Tilbury spray Read More »
(Reuters) -Embattled Swiss solar panel maker Meyer Burger said on Friday it had secured nearly $40 million in bridge financing to stabilise its business after its largest customer, DESRI, revealed last month it was pulling out. Meyer Burger said in November its future looked uncertain after DESRI’s move was announced, which came on the heels …
Meyer Burger secures $40 million bridge loan after top client’s exit Read More »
By Daniela Desantis ASUNCION (Reuters) -Paraguay said on Thursday it had canceled a low-level Chinese diplomat’s visa and ordered him to leave, after the envoy appeared to encourage lawmakers to reconsider Paraguay’s friendly relationship with Taiwan. The foreign ministry accused Xu Wei of “interference in domestic affairs,” while Taiwan’s embassy said he had “infiltrated” Paraguay …
Paraguay expels Chinese envoy over Taiwan ‘interference’ Read More »
