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Russia Holds Key Rate at 4.25

February 28, 2021
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Russias central bank held its key interest rate at a record low of 4.25 on Friday following a recent jump in inflation, a move that suggests further monetary policy easing could be off the table due to higher inflation. The decision, to keep the rate at a level unchanged since July 2020, was in line […]

February 28, 2021
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LONDON, Feb 18 Reuters Bank of England policymaker Michael Saunders said cutting interest rates below zero could well prove the best tool for the central bank under some future circumstances, but the BoE did not need to decide on this yet. Saunders said in December that negative interest rates could be a useful tool, and […]

February 28, 2021
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JAKARTA, Feb 18 Reuters Indonesias central bank lowered its key policy rates on Thursday, the sixth time it has cuts rates since the COVID19 pandemic started, to help lift Southeast Asias largest economy out of recession. Bank Indonesia BI cut the benchmark 7day reverse repurchase rate by 25 basis points bps to 3.5, the lowest […]

February 28, 2021
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LONDON, Feb 24 Reuters Bank of England Governor Andrew Bailey and other top Bank officials spoke to parliaments Treasury Committee on Wednesday. The following are highlights EU ON BANK LOCATIONS Bailey said postBrexit moves by the European Union to require banks to justify why they are not moving activities away from Britain were of dubious […]

February 28, 2021
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Australia has passed a new law that will require digital platforms like Facebook and Google to pay local media outlets and publishers to link their content on news feeds or in search results. The move was widely expected and comes days after the government introduced some lastminute amendments to the proposed bill, known officially as […]

February 28, 2021
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Danone said on Thursday 2021 would be a year of recovery with a return to profitable growth in the second half following a tough first quarter and after the coronavirus crisis hit the French food groups 2020 sales and profits. Chairman and Chief Executive Emmanuel Faber, who is under growing pressure as activist shareholders push […]

February 28, 2021
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Royal Caribbean Group reported a billiondollar net loss for the fourth straight quarter on Monday, as the cruise operator continued to be affected by a coronavirustriggered halt to voyages. Cruise operators have been shoring up cash reserves by issuing new shares, selling assets or raising billions of dollars in debt over the last few months […]

February 28, 2021
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Feb 22 Reuters A blankcheck firm backed by billionaire Alec Gores and investment bank Guggenheim Partners is looking to raise nearly 750 million through an initial public offering IPO, a regulatory filing showed on Monday. Gores Guggenheim, cosponsored by Gores Group LLC and Guggenheim, said it plans to sell 75 million units composed of shares […]

February 28, 2021
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Greeces Alpha Bank will sell a 10.8 billion euro 13.09 billion portfolio of impaired loans and 80 of loan services provider Cepal Holdings to U.S. fund Davidson Kempner under a definitive agreement it announced on Monday. The sale of the portfolio, known as Galaxy, will be the secondlargest rated securitisation of nonperforming exposures NPEs in […]

February 28, 2021
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JOHANNESBURG, Feb 24 Reuters Anglo Pacific has agreed to buy a share of cobalt production from Vales Voiseys Bay mine in Canada, giving the mining royalty and streaming company exposure to the key battery metal for the first time, it said on Wednesday. Under the deal, Anglo Pacific will buy a company holding a 70 […]

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Russia Holds Key Rate at 4.25

BoEs Saunders Says Negative Rates May be Best Tool

Indonesia C.Bank Delivers 6th Rate Cut Since Pandemic Start

BoE Governor Bailey Speaks to Lawmakers

Google, Facebook to Pay for News in Australia, New Media Law

Danone Warns of Tough Start to Year

Stuck in Port, Royal Caribbean Posts 1B Quarterly Loss

Alec Gores, GuggenheimBacked SPAC Seeks to Raise 750M

Alpha Bank to Sell 10.8B Euro Portfolio to Davidson Kempner

Anglo Pacific Signs 205 mln Voiseys Bay Cobalt Deal

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