Tag: European Central Bank (ECB)

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ECB nearing end of tightening cycle but final stretch remains, De Guindos says

The European Central Bank (ECB) has gone through most of its monetary policy tightening to bring inflation back to its medium-term target of 2%,...

ECB warns of hit to top European banks if funds run into trouble

The euro zone's top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or...

ECB zeroes in on struggling borrowers and forex as times get tougher

The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and their own currency trading in an environment...

Euro zone companies are slowing price hikes – ECB poll

Euro zone companies are raising prices at a more moderate pace as their costs stabilise, demand cools and competition mounts, although growing wages remain...

Stocks and euro sag ahead of expected ECB rate hike

Europe's stock markets and the euro sagged on Thursday as investors waited for another European Central Bank rate rise after the U.S. Federal Reserve...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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