Fed's Williams says policymakers need to better prepare for lower interest rate world

Fed's Williams says policymakers need to better prepare for lower interest rate world

(Reuters) – Torturously slow recoveries from recessions and low inflation are here to stay unless policymakers can get a better grip on how to stabilize the global economy in an era of lower interest rates, a top Federal Reserve policymaker said on Tuesday.
See Original Article

Nationwide, Investec, Co-Op Bank get cash for small business lending

LONDON (Reuters) – Nationwide Building Society, Investec Bank and The Co-operative Bank have been granted a total of 80 million pounds from a fund set-up to increase competition for lending to small businesses in Britain. The Board of Banking …
See Original Article

New Vodafone boss slashes dividend to tackle debt burden

LONDON (Reuters) – The new boss of Vodafone slashed the mobile operator’s dividend on Tuesday, reversing a pledge to maintain the payout in order to secure enough firepower to build 5G networks and complete its acquisition of Liberty Global assets.
See Original Article

What the sale of WestJet means for jobs, fares, routes — and investors

In a year of global and national growth, the Onex purchase is just the latest change for the Canadian airline. Kyle Bakx, Tony Seskus · CBC News · Posted: May 14, 2019 4:00 AM ET | Last Updated: May 14. Onex Corp. has signed a friendly deal to buy …
See Original Article

ThyssenKrupp posts Q2 loss on auto sector slowdown

ThyssenKrupp swung to a loss in its second quarter, just days after the steel-to-elevators conglomerate was forced to abandon plans to split the company in two. The German conglomerate said on Tuesday it recorded a net loss attributable to shareholders of …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.