Recent Posts - page 241

• Largest Chinese Banks Say Near Future Times Are Tough

  By admin2 on March 30, 2022 • ( 0 )

  

  The pandemic, global politics, and internal turbulence in the real estate business are among the challenges facing China’s lenders this year, according to five of the country’s top banks. In its annual results report on Wednesday, the world’s largest lender,… Read More ›

• Pressure In Short Term Increasing Due To 20% Hike In Costs Of Battery Cell, Says Tata Motors

  By admin2 on March 30, 2022 • ( 0 )

  

  Because of a global jump in raw material prices, primarily lithium, Tata Motors, India’s top-selling electric manufacturer, stated the cost of battery cells had climbed by roughly 20%, placing pressure on the company in the short term. Cell prices have… Read More ›

• Tackling Of Energy Affordability Critical To Reduce Poverty And Economic Stagnation, Warns UAE Energy Minister

  By admin2 on March 29, 2022 • ( 0 )

  

  Inflation has risen over the world as a result of rising energy prices, triggering cost-of-living difficulties in both established and emerging economies. Al Mazrouei expressed worry at the World Government Summit in Dubai, UAE, that the global focus on geopolitics… Read More ›

• Reasons Of India Lapping Up Cheap Russian Oil Amid Ukraine Crisis

  By admin2 on March 29, 2022 • ( 0 )

  

  As Western sanctions intensify, Russia is looking for new markets for its oil exports, and India has been taking advantage of lower prices to increase imports from the country. Although these oil supplies do not breach sanctions, the US has… Read More ›

• Consumer Lending In The UK Is Surging, Thanks To Record Credit Card Borrowing

  By admin2 on March 29, 2022 • ( 0 )

  

  According to figures from the Bank of England, consumer lending increased by the most in nearly five years last month, thanks to a record increase in credit card borrowing, which analysts believe could be an indication of the growing cost-of-living… Read More ›

• ECB Is Willing To Create A Money Exchange For Ukrainian Refugees With EU Guarantee

  By admin2 on March 29, 2022 • ( 0 )

  

  According to a document of the European Central Bank, the ECB is prepared to organise a programme allowing millions of Ukrainian immigrants to exchange their hryvnia money for euros if the EU provides the bank with a guarantee that would… Read More ›

• Japan To Stop Export Of Precious Stone, Including Gold, To Russia

  By admin2 on March 29, 2022 • ( 0 )

  

  In response to Russia’s invasion of Ukraine, Japan’s Ministry of Finance (MOF) announced on Tuesday that it will prohibit the shipping of precious metals, particularly gold, to Russia starting in April. The restriction on Russia-bound precious metals by Japan underscores… Read More ›

• FedEx names Raj Subramaniam as CEO

  By admin1 on March 29, 2022 • ( 0 )

  

  In a statement FedEx Corp said, it has named Raj Subramaniam, its operating chief, as its new CEO with effect from June 1, 2022. Subramaniam will succeed FedEx founder Fred Smith, who started the global delivery conglomerate in the 1970’s. Subramaniam,… Read More ›

• Barclays facing $592M loss, increased regulatory scrutiny over non-compliance of sales limit of structured products

  By admin1 on March 29, 2022 • ( 0 )

  

  In a significant development, Barclays is facing an estimated $592 million (450 million pound) loss and regulatory scrutiny for exceeding a U.S. limit on sales of structured products, some of which have surged in popularity following the Russian invasion of… Read More ›

• G7 rejects Russia’s demand for paying Russian LNG supplies in Rubles

  By admin1 on March 29, 2022 • ( 0 )

  

  In a statement Germany’s German economy and climate protection minister Robert Habeck said, energy ministers from the Group of Seven industrialized countries have rejected demands by Russian President Vladimir Putin to pay for Russian gas in Rubles. “All G7 ministers… Read More ›

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