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The ECB’s triple-interest rate cut and bond-buying announcement surprised investors on Thursday – and were still sparking debate a day on.
BRUSSELS, Sept 1- Former French finance minister Pierre Moscovici has a "good chance" of being named to the European Commission's top economic and monetary job, a French diplomatic source said on Monday, as attention turned to the line-up of the next EU executive.
AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..
Caught in a tug of war between the opposing policy modes of a tightening U.S. Fed and an easing European Central Bank, yields have taken dramatic turns.
SINGAPORE/ ZURICH Aug 22- Royal Bank of Scotland plc might split its international private bank into separate European and Asian divisions to attract Asian buyers who have the financial muscle for a deal but are reluctant to take on European client risk.
LONDON, Aug 20- World stocks fell on Wednesday as investors braced for the possibility that a major central bank could raise interest rates this year after Bank of England minutes showed two of the bank's nine rate-setters voted for a hike earlier this month.
*Attention shifts from Ukraine- Russia conflict. LONDON, Aug 20- World stocks mostly halted their recent rally on Wednesday before the latest policy signal from the U.S. central bank, while UK stocks and bonds fell after Bank of England minutes showed two rate-setters voted to raise interest rates earlier this month.
AMSTERDAM, Aug 19- The Netherlands is reviewing its extensive energy ties with Russia after the shooting down of Malaysian Airlines flight MH17 in eastern Ukraine a month ago in an attack that killed nearly 200 Dutch nationals, officials and analysts said.
A former Rabobank employee pled guilty to participating in a plot to manipulate the Yen Libor rate, the second employee of the Dutch lender to do so.
*Competition set to rise in Middle East, Asia. As the European Union's second biggest apple producer, Poland has some 700,000 tonnes of the fruit it usually sells to Russia but can't, because Moscow has a food embargo on many EU and U.S. goods as part of tit-for-tat sanctions related to the Ukraine crisis.
LONDON/ MOSCOW, Aug 17- People from Britain who go to Cyprus in August are usually after sun, sea and sand but one Lincolnshire man, a trader in fruit and vegetables, is heading there this week for the potatoes. Since Russia barred imports of food from most of the rest of Europe, businesses are jostling for new buyers and sellers.
OSLO, Aug 11- Norway's leading salmon farmers could escape the worst of Moscow's sanctions on Western countries by redirecting some of their produce from farms in Chile to Russia, a top producer and analysts said on Monday.
BRUSSELS, Aug 8- Steel and mining company ArcelorMittal on Friday announced force majeure on a project that is planned to triple its iron ore production in Liberia because of the Ebola epidemic sweeping West Africa.
BUENOS AIRES, Aug 8- Argentina has no expectations that the U.S. judge at the centre of its debt battle with holdout investors that has plunged the country into default will take steps to help resolve the saga, a senior government minister said on Friday.
SHANGHAI/ SINGAPORE, Aug 8- Fast forward a year, and Malaysia Airlines may have a new CEO, new logo, new livery, maybe even a new name, and fewer employees, airline insiders and brand experts said as the government signalled a "complete overhaul" of the loss-making carrier that has suffered two recent jetliner disasters.
*Gemalto to buy SafeNet from PE firm Vector Capital. PARIS, Aug 8- Gemalto NV, the digital security company that makes smart chips for mobile phones, bank cards and biometric passports, is to buy U.S.-based data protection specialist SafeNet for $890 million, it said on Friday, in a move set to boost its earnings and reach.
*Gemalto to buy SafeNet from PE firm Vector Capital. PARIS, Aug 8- Gemalto NV, a digital security company that makes SIM cards for mobile phones and biometric passports, will buy U.S.-based data protection specialist SafeNet Inc for $890 million in a move set to boost its earnings and reach.
*Russia bans all meat, fish, poultry, dairy, fruit and veg from US, EU, Canada, Australia, Norway. MOSCOW/ DONETSK, Ukraine, Aug 7- Moscow banned imports of most food from the West on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days.
LONDON, Aug 7- In the face of sanctions that have frozen international lending to Russia, a small group of European banks are trying to refinance existing loans to big companies there in order to protect their business. Bank Austria, the central and eastern Europe arm of Italian bank UniCredit, said this week it expects to keep making solid profits in Russia.
*Islamic State strengthens foothold in northern Iraq. LONDON, Aug 7- Brent crude oil held near $105 a barrel on Thursday as the security situation deteriorated in northern Iraq and Islamist militants made gains against Kurdish forces, advancing closer to the autonomous region's oilfields.