World Trade

SBP shortens auto financing terms

The State Bank of Pakistan (SBP) changed the rules for consumer loans and shortened the loan period for auto loans…

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Dollar Weakens After Lagarde Props Up Euro; Risk-Off Tone Still Dominant

After European Central Bank President Christine Lagarde would not rule out a 50 basis point interest rate hike at the…

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The euro goes up because growth hopes slow down dollar demand.

LONDON (Reuters) – Monday, investors sold dollars in hopes that easing restrictions in China would help growth around the world.…

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The dollar is falling, and people’s feelings about risk are getting worse.

The U.S. dollar fell in early European trading on Monday. Investors were more willing to take risks because they thought…

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Chinese start-up for electric cars Nio says that store network interruptions, not customer requests, are its biggest worry.

CEO William Li said that Nio’s biggest challenge right now is making sure that supply chains are stable. The Chinese…

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Biden says that the first baby formula shipments from Europe will arrive this weekend.

(Reuters) – President Joe Biden said on Friday that the first shipments of baby formula from Europe to help with…

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BofA: “Global markets are in clear contrarian buy territory.”

LONDON (Reuters) – Since trillions of dollars have been wiped off global markets in recent weeks, BofA’s closely watched “Bull…

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Take Five: Rising prices, a chance of a recession, and falling markets

(Reuters) – Central banks are trying to deal with inflation, and falling stock prices are making investors wonder where the…

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Air France-KLM is in discussions with Apollo for a 500 million euro capital infusion.

PARIS : Air France-KLM announced on Friday that it has entered into exclusive discussions with private equity company Apollo for…

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Telefonica buys Prisa a 7.08 % ownership in El Pais for EUR 34 million.

MADRID (Reuters) – Telefonica (NYSE:TEF) said on Thursday that it has agreed to sell a 7.08 percent ownership in Prisa,…

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