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Foreign exchange rate of euro to other currencies
FRANKFURT, Jan. 27 (Xinhua) -- The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Wednesday:
Foreign exchange rate of Euro to other currencies
FRANKFURT, Jan. 26 (Xinhua) -- The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Tuesday:
Italy’s deficit may hit 9.2% this year
ROME: The Italian Treasury is starting to factor in a bigger hit to the country’s battered public finances this year as another extended lockdown holds back the recovery, according to a senior government official.
UBS’s CEO boosts buyback plans after wealth management surges
ZURICH: UBS Group AG will bolster shareholder returns with plans to buy back four billion francs (US$4.5bil) of shares over the next three years after rising fee income and investment bank revenue propelled gains at the world’s largest wealth manager.
Factbox-Italy PM Conte resigns, scenarios for what comes next
ROME (Reuters) - Giuseppe Conte resigned as Italian prime minister on Tuesday, hoping to be granted a fresh mandate by the head of state to form a new government after a coalition rupture last week left him without a majority in the Senate.
Roundup: Multilateralism, green economy focus of first-day virtual Davos Agenda meeting
GENEVA, Jan. 25 (Xinhua) -- On the first day of the virtual World Economic Forum (WEF) Davos Agenda meeting on Monday, world leaders highlighted the importance of multilateralism and green economy in the post-COVID-19 global cooperation.
ECB's Lagarde predicts recovery with "high level of uncertainty" for 2021
FRANKFURT, Jan. 25 (Xinhua) -- Christine Lagarde, president of the European Central Bank (ECB), said on Monday that 2021 could be a year of recovery, but that would most likely be accompanied by a "very high level of uncertainty" before achieving the transition to a "new economy".
Foreign exchange rate of Euro to other currencies
FRANKFURT, Jan. 25 (Xinhua) -- The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Monday:
European Central Bank to set up climate change center
FRANKFURT, Jan. 25 (Xinhua) -- The European Central Bank (ECB) on Monday announced decisions to set up a climate change center and to invest in Bank for International Settlements' (BIS) green bond fund, underlining its commitment towards climate agenda.
Deutsche Bank starts probe in relation to engagement with some clients
Deutsche Bank AG said on Sunday it began a probe in relation to engagement with some clients after the Financial Times reported earlier that the German lender was investigating the alleged mis-selling of investment banking products.