Praveen Jagwani, CEO of UTI International, says the demonetization drive was well intentioned but execution was flawed. » Read More
*Asian shares slip, Japan bucks trend. LONDON, Jan 19- The dollar rebounded, Asian shares slipped and government bond yields soared to multi-week highs on Thursday after U.S. central bank chief Janet Yellen signalled a path of steady interest rate increases for the world's largest economy. The European Central Bank was set to meet as the euro recovered some of the...
FRANKFURT, Jan 19- Even as euro zone growth and inflation slowly pick up pace, the European Central Bank is set to argue on Thursday that its extra-easy policy stance is still needed to keep the recovery on course. ECB President Mario Draghi can argue the bank has done its part to mend growth, but he will also likely note the recovery is not self-sustaining,...
*France and Spain due to sell short-dated bonds. LONDON, Jan 19- Euro zone bond yields rose sharply on Thursday as comments from U.S. Federal Reserve Chair Janet Yellen overnight were viewed as ratcheting up pressure on the European Central Bank's commitment to its loose monetary policy.
President-elect Donald Trump is "strongly" committed to the NATO despite calling it obsolete, the NATO secretary general told CNBC.
U.K. Prime Minister Theresa May declared Britain would remain open for business when speaking in Davos, Switzerland on Thursday.
Finland's foreign minister described NATO as the cornerstone of Europe following President-elect Donald Trump's criticism of the alliance.
DAVOS, Switzerland, Jan 19- Colombia's finance minister, Mauricio Cardenas, said on Thursday the country's central bank should cut interest rates to boost the economy. "We very much think this month interest rates should be cut," Cardenas told Reuters on the sidelines of the World Economic Forum in Davos. S&P Global on Wednesday affirmed its rating on Colombia but...
The United States is about to cut itself off from one of the most dynamic regions of the globe, according to economist Nouriel Roubini.
Deutsche Post CEO Frank Appel said rivals underestimate the complexity of the logistics business.
Barclays CEO Jes Staley takes a look at what 2017 holds for the leading global bank while commenting on macroeconomic events.
The U.K.'s departure from the European single market will make London poorer, the capital's mayor told CNBC.
Barclays CEO Jes Staley says he believes that banks need to atone for the mistakes made heading into the financial crisis, and Barclays is prepared to pay that price – a fair price that is.
Deutsche Bank CEO John Cryan talks about how the bank came to an agreement with the U.S. Department of Justice.
Discussing regulation, Barclays CEO Jes Staley says the bank takes comfort in the Bank of England Governor’s comments on Basel IV.
*Insurance to be sold in China, Malaysia, Indonesia. FRANKFURT, Jan 19- German insurer Allianz and Standard Chartered Bank on Thursday announced a 15- year agreement to distribute Allianz's general insurance products in Hong Kong, Singapore, Malaysia, Indonesia and China. "This partnership also builds on our shared commitment towards the growth and development...
Barclays CEO Jes Staley has detailed how his company has adjusted to the different banking regulations in the United States.
TOKYO, Jan 19- Toshiba Corp's financial crisis deepened on Thursday as media reported it may book a bigger-than-expected $6 billion writedown on its U.S. nuclear business, sending its shares sliding 15 percent. Toshiba has also approached government-backed Development Bank of Japan for assistance, said a source with knowledge of the matter, who was not...
TOKYO, Jan 19- Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of steady interest rate hikes. MSCI's broadest index of Asia-Pacific shares outside Japan slumped 0.3 percent. On Wall Street overnight, stronger financial shares helped push up the S&P...
5G will be the platform linking "billions" of internet-connected devices, Kaan Terzioğlu, the chief executive of Turkcell, told CNBC.
Deutsche Bank CEO, John Cryan discusses the company’s strategic plans when it comes to the Brexit negotiations taking place in the U.K.
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