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THE Bank of England (BoE) talks so much about negative interest rates that it might avoid having to actually use them.
LONDON: Over half the small and medium-sized companies, which together provide jobs for two-thirds of European workers, fear for their survival in the coming 12 months, according to a survey released by management consultancy McKinsey.
LONDON: Leaders from some of the UK’s biggest banks have taken to the airwaves in recent days to persuade the Bank of England that the ban on dividends should be eased. Upcoming third-quarter results could see such rhetoric reach a crescendo.
LONDON: As Brexit sends hedging costs soaring again, strategists are recommending a slew of less crowded ways to trade the never-ending political drama.
BREXIT could one day give the European Union (EU) an opportunity to challenge the City of London’s dominance as a global financial hub.
THE dollar continued to decline for the second consecutive week, down 0.25% w/w to 93.61, underpinned by persistent upbeat sentiment in global markets, supporting investors’ risk appetite as investors continue to bet on some form of fiscal aid emerging ahead of the US elections.
BRUSSELS, Oct. 2 (Xinhua) -- Measures to curb the spread of the COVID-19 pandemic, such as store closures and more people working from home, helped European households save money, with savings reaching a record high in the second quarter of the year, Eurostat reported on Friday.
BRUSSELS, Oct. 2 (Xinhua) -- The inflation rate in the eurozone is expected to decrease by 0.3 percent in September year-on-year, down from minus 0.2 percent in August, according to a flash estimate released on Friday by Eurostat, the statistical office of the European Union (EU).
FRANKFURT, Sept. 30 (Xinhua) -- European Central Bank (ECB) President Christine Lagarde said on Wednesday that her institution could examine the "usefulness" of a policy approach where inflation is allowed to temporarily overshoot its target.