BBVA has no Intention of Increasing Sabadell Offer, Chairman

BARCELONA, Sept 17 Reuters Spanish bank BBVA has no intention of increasing its offer for smaller rival Sabadell, Chairman Carlos Torres said on Tuesday. The current offer is very attractive and will convince Sabadell39;s shareholders, Torres said at a university alumni event held in Barcelona. In April, BBVA launched a 12 billion euro 13.4 billion bid […]
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Argentina Economy Forecast to Extend Recession in Q2

BUENOS AIRES, Reuters Argentina39;s economy likely shrank 1.4 in the second quarter versus a year earlier, a Reuters poll showed on Monday, the fifth such decline as a recession deepens under a tough austerity drive by libertarian President Javier Milei. That median GDP estimate from 15 analysts polled by Reuters for the AprilJune period would follow […]
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Indias August Wholesale Price Index Rises 1.31 OnYear

NEW DELHI, Sept 17 Reuters India39;s wholesale price index rose 1.31 in August from a year earlier, government data released on Tuesday showed. Economists polled by Reuters had estimated wholesale price inflation at 1.85 in August. Inflation was at 2.04 in July. Food prices rose 3.26 yearonyear from a 3.55 increase in July. Cereal prices rose […]
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Asian Bonds Attract Massive Inflows in Aug on Fed Easing Hopes

Sept 16 Reuters Asian bonds attracted foreign inflows for a fourth successive month in August on optimism that the U.S. Federal Reserve will start easing interest rates in September. Overseas investors made substantial purchases of regional bonds in Indonesia, India, Malaysia, South Korea and Thailand, totalling a net 14.06 billion in August the largest monthly […]
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