Press enquiries: +41 61 280 8477[email protected] Ref no: 15/2021 The Financial Stability Board (FSB) is seeking feedback from stakeholders as part of its thematic peer review on corporate debt workouts. The objective of the…
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© Reuters. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/File Photo By Florence Tan SINGAPORE (Reuters) -Oil prices hit and then recoiled…
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The shortage of semiconductor chips has exposed the vulnerability of European high-tech manufacturers that rely heavily on chip imports from Asia. The automotive sector alone, traditionally a European high-tech stronghold, is expected to take a…
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Not so long ago, Facebook was a goldmine for Australian news media. News featured prominently in Australians’ Facebook feeds, and newsrooms across the country saw a growing online audience engage with their stories. People were…
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Press enquiries: +41 61 280 8477[email protected] Ref no: 12/2021 The Financial Stability Board (FSB) today published a public consultation on global targets for addressing the four challenges of cross-border payments. The quantitative targets proposed…
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The Bank of England will not be paying a dividend to the government this year, as its loss-absorbing capital dipped below the minimum level agreed with the UK Treasury. The BoE did make a pre-tax…
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© Reuters. FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant, operated by PGE Group, at night near Belchatow, Poland December 5, 2018. REUTERS/Kacper Pempel/ BRUSSELS (Reuters) – The…
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Nigerians have been justifiably confused by conflicting poverty data presented by the Muhammadu Buhari administration and the World Bank. According to Buhari, his administration has lifted 10.5 million Nigerians out of poverty within the past…
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Headlines about molecular genetics being used to shed new light on old mysteries or even put criminals behind bars have become increasingly more common. In South Africa DNA is being used to answer important questions…
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Press enquiries: +41 61 280 8477[email protected] Ref no: 13/2021 The Financial Stability Board (FSB) has today published a set of documents to support a smooth transition away from LIBOR by the end of 2021.…
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