Tag: Banking and credit
Critics say rail facility bailout would help Hoeven’s bank
BISMARCK, N.D. — North Dakota’s Republican-led Legislature is considering giving $10 million to an intermodal rail facility, a move backers say will reduce shipping...
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
This Week: Industrial production, housing starts, Nike earns
A look at some of the key business events and economic indicators upcoming this week:
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Lebanese parliament approves World Bank loan to help poor
BEIRUT — Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that would provide cash assistance for more than 160,000...
Greenpeace protests ECB’s loans for carbon-heavy industries
FRANKFURT, Germany — Greenpeace activists landed on the roof of a European Central Bank building Wednesday to drop a banner protesting the financial institution's...
Chinese loans to Latin America plunge as virus strains ties
MIAMI — It seemed like a match made in finance heaven.
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ECB’s Lagarde: Pandemic continues to threaten economy
FRANKFURT, Germany — The head of the European Central Bank says the winter surge in COVID-19 cases and the emergence of mutated variants of...
Germany to let citizens store ID cards on smartphone
BERLIN — Germany says its citizens will be able to use smartphones to store their government-issued ID cards and prove their identity online.
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Populist party backs Draghi as Italy’s new PM in online vote
MILAN — Grassroots members of Italy’s populist 5-Star Movement, the largest political force in the Italian Parliament, signaled their approval Thursday for a new...
