Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «financial»

January 15, 2019 7:48 PM Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit

SAO PAULO (Reuters) - Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate 2808

January 15, 2019 7:10 PM Motor racing: IndyCar signs title sponsorship deal with NTT

(Reuters) - IndyCar announced a multi-year agreement with NTT on Tuesday that will make the Japanese tech giant the title sponsor of North America’s premier open-wheel racing series. NTT replaces Verizon as title sponsor of the series. Its sponsorship of what will now be known as the NTT IndyCar Series launches with the March 10 season-opening race. The financial 2820

January 15, 2019 8:24 AM PSG confident Frenkie de Jong will choose them over Barca, Man City

Paris Saint-Germain are increasingly optimistic that they will beat Barcelona and Manchester City to the signing of Ajax midfielder Frenkie de Jong this summer, according to ESPN FC sources close to the French champions. The Netherlands international is wanted by a host of Europe's top clubs but PSG, Barca and City have emerged as the 21-year-old's three 158

January 14, 2019 1:57 PM Market turmoil hits Citigroup revenues

US bank Citigroup has blamed the recent turmoil on global markets for a surprise drop in revenue. Fourth quarter revenue slipped 2% to $17.1bn (£13.3bn), falling short of analyst estimates of $17.5bn. The bank said income on its bond trading desks had slumped by a fifth following the fluctuations on financial markets in December. But chief executive 272

January 14, 2019 12:17 AM Renault-Nissan's Ghosn received 7 million euros from Dutch JV: Les Echos

PARIS (Reuters) - Ousted Renault-Nissan alliance chairman Carlos Ghosn was paid 7 million euros ($8 million) through a Dutch joint venture between Nissan and Mitsubishi, French financial daily Les Echos reported on its website on Sunday. Les Echos said that Nissan and Mitsubishi in June 2017 set up joint venture Nissan Mitsubishi BV (NMBV) in the Netherlands 170

January 12, 2019 3:05 AM Pemex's New York roadshow spooks investors, yields spike

MEXICO CITY (Reuters) - Yields on the debt of Mexican state-run oil company Pemex rose sharply this week after the company failed during presentations in New York to lay out a clear plan to reduce debt and increase output, analysts said. Pemex faces the possibility of a credit ratings downgrade due to costly proposals by the new government of leftist 175

January 10, 2019 7:31 PM Germany's Merkel says expects Greece to return to markets

ATHENS (Reuters) - German Chancellor Angela Merkel said on Thursday she expected Greece would be able to return to financial markets after it emerged from a multi-billion euro bailout program last year. “Yes of course, my visit, all my work, has this as its purpose, that Greece can stand on its own feet, and get financing from the markets,” Merkel told journalists 116

January 10, 2019 11:05 AM Zimbabwe doctors end strike without deal as unions meet government

HARARE (Reuters) - Zimbabwean doctors on Thursday ended a 40-day strike for better pay and conditions that crippled public hospitals without a deal on salary increases, their union said, but warned that members may not report for work daily due to acute fuel shortages. The announcement by the Zimbabwe Hospital Doctors Association (ZHDA) came just hours 124

January 8, 2019 10:17 PM U.S. delegation member says trade talks with China to continue Wednesday

BEIJING (Reuters) - Trade talks between the United States and China will continue on Wednesday, U.S. delegation member Steven Winberg said on Tuesday, as the world’s two largest economies seek to resolve a bitter trade dispute. The talks are going on well so far, Winberg, who is also U.S. assistant secretary for fossil energy, told reporters in Beijing 122

January 8, 2019 1:02 PM India forms panel to deepen digital payments, led by Infosys' Nilekani

MUMBAI (Reuters) - India’s central bank on Tuesday said it has constituted a panel with Infosys chairman Nandan Nilekani as its head in a bid to deepen digital payments in Asia’s third-biggest economy. The five-member panel, which includes a former deputy governor of the Reserve Bank of India (RBI), will identify ways to widen financial inclusion via the use of digital 146