State Bank of India announced a reduction in its marginal cost of fund-based lending rate by 10 basis points across all tenors, effective Oct. 10.
Mexico’s inflation eased in September, coming in line with the Bank of Mexico’s 3% target for the first time in three years and supporting expectations that the central bank will keep lowering interest rates amid a sluggish economy.
The National Treasury Management Agency (NTMA) has hired a group of banks and securities firms to sell as much as €1.5 billion of bonds to finance “green” projects.
The international rating agency Fitch has revised its outlook on Russia’s Alfa-Bank’s long-term foreign and local-currency Issuer Default ratings to positive from stable, the agency said in a press release.
With recent developments in climate change and its effect on our lives, the Sustainable Development Goals (SDGs) are increasingly becoming a global framework for governments and organisations to report on their environment and social impact.
The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age.
Mediobanca should rely less on contributions from the investment bank’s consumer credit unit and its stake in insurer Generali in a business plan due to be unveiled next month, shareholder Leonardo Del Vecchio said on Wednesday.
- New investor Del Vecchio challenges Mediobanca's strategy (Reuters: Oct 9, 2019 at 10:57 AM)
Russia has failed to climb up the global competitiveness rankings, the World Economic Forum (WEF) said today, remaining in 43rd place in its influential Global Competitiveness Index.
Foreigners bought Chinese government bonds at the fastest monthly pace in more than a year in September as the yuan stabilised, official data showed on Wednesday, highlighting robust demand amid the bonds’ addition to global indexes.
…The vice-president of the European Central Bank has expressed his concern about the side effects of any further reduction in interest rates, stating that there would be a “good, in-depth discussion…