international-financial-institution
Top StoriesUkraine Passes 2025 Budget With Record Defence Spending
BankingSpain’s Former Central Bank Chief to Lead Bank for International Settlements
Top StoriesFactbox-Reactions to the First Expanded BRICS Summit
BankingMultilateral Banks Could Lend up to $480 Billion More Before Rating Downgrades, Fitch Says
G7 Finance Summit Kicks Off Seeking Unity on Ukraine, China
Date: May 24, 2024
G7 finance summit kicks off seeking unity on Ukraine, China By David Lawder and Gavin Jones STRESA, Italy (Reuters) – Finance chiefs from the Group of Seven industrial democracies began a two-day meeting in Italy on Friday seeking to present a common front on the need to provide a loan to Ukraine and oppose China’s...
McDonald’s Posts Rare Profit Miss as Customers Turn Picky
Date: April 30, 2024
McDonald’s posts rare profit miss as customers turn picky By Savyata Mishra (Reuters) -McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers and the Middle East conflict weighed on the burger chain’s international sales. Global comparable sales growth slid for the fourth straight quarter to...
Quotes: HSBC Chief Executive Quinn Announces Surprise Retirement
Date: April 30, 2024
Quotes: HSBC Chief Executive Quinn announces surprise retirement (Reuters) – HSBC said on Tuesday its Chief Executive Noel Quinn will retire – a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe. Following are the reactions to the retirement: SIMON YUEN, FOUNDER, SURICH...
Exclusive-Greece to Repay More Euro Zone Bailout Loans Ahead of Schedule -Officials
Date: November 28, 2023
Exclusive-Greece to repay more euro zone bailout loans ahead of schedule -officials By Lefteris Papadimas ATHENS (Reuters) – Greece will next month repay ahead of schedule 5.3 billion euros ($5.8 billion) of loans owed to euro zone countries under its first bailout, and hopes to repeat the move in 2024, finance ministry officials told Reuters...
China Offers Visa-Free Entry for Citizens of France, Germany, Italy
Date: November 24, 2023
China offers visa-free entry for citizens of France, Germany, Italy By Ethan Wang and Joe Cash BEIJING (Reuters) -China will temporarily exempt citizens of France, Germany, Italy, the Netherlands, Spain and Malaysia from needing visas to visit the world’s second-largest economy in a bid to give a boost to post-pandemic tourism. From Dec. 1 to...
Iraq Becomes Ebrd Shareholder, Senegal and Ghana Apply to Join
Date: November 16, 2023
Iraq becomes EBRD shareholder, Senegal and Ghana apply to join LONDON (Reuters) -Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender said on Thursday, while Ghana and Senegal have also applied to join. Iraq first submitted its request to join the bank in 2018, and its shareholder...