US Prepares Measures to Help Cuban Small Businesses

WASHINGTON, Sept 18 Reuters The Biden administration is preparing to unveil new regulatory measures to allow more U.S. financial support for small private businesses in Cuba, a person familiar with the matter said on Monday. The move, expected as soon as this week, is seen as a longpromised but limited step to ease restrictions to […]
Read More

FTSE 100 Kicks Off Week on Sour Note; Mondi Jumps

FTSE 100 slips ahead key central bank meetings Goldman Sachs cuts forecast for BoE39;s terminal rate Mondi jumps on its Russian plant sale FTSE 100 down 0.8, FTSE 250 off 1.8 Sept 18 Reuters UK39;s FTSE 100 had its worst day in over a month on Monday, dragged by a drop in shares of automobiles […]
Read More

PBoC, FX Regulator Meet Foreign Firms in Capital Drive

BEIJING, Sept 18 Reuters China39;s central bank and forex regulator met with foreign financial institutions and companies on Monday, as Beijing strives to attract overseas investment to support its recovery. JPMorgan, HSBC, Deutsche Bank and Tesla were among those attending the meeting, according to a statement by the People39;s Bank of China PBOC, in a sign of […]
Read More

ECB to Tackle Excess Liquidity in next Stage of Inflation Fight Sources

Raising minimum reserves seen as first step Worries about Italy overshadow bond debate Framework review will spill over into new year FRANKFURT, Sept 18 Reuters European Central Bank policymakers want to soon start discussing how to tackle the multitrillioneuro pool of excess liquidity sloshing around banks, with raising reserve requirements a possible first move, six […]
Read More

Canada Govt Vows Draft Law Soon to Tackle Inflation, Housing Crisis

OTTAWA, Sept 18 Reuters Canada39;s Liberal government, trailing in the polls amid complaints about the high cost of living, on Monday said it would soon introduce wideranging draft legislation designed to help curb inflation. Prime Minister Justin Trudeau last week announced a tax break designed to boost the construction of new rental apartment buildings and relieve pressure […]
Read More