Greek Banks Set for First Payouts Since 2008 on ECB Approval
The European Central Bank will allow Greek banks to make their first shareholder payouts in over a decade as the country emerges from a painful post-crisis restructuring.
The European Central Bank will allow Greek banks to make their first shareholder payouts in over a decade as the country emerges from a painful post-crisis restructuring.
South African lawmakers on Wednesday backed a bill reforming the country’s pension laws to allow members to withdraw as much as a third of their savings before retirement.
Stocks hit fresh records as global equities headed for a second quarterly gain. Treasuries slipped, with investors awaiting US jobs data.
Indian billionaire Gautam Adani and his family invested $799 million to boost their stake in Ambuja Cements Ltd., in a sign of confidence that the cement maker is well-positioned to benefit from the country’s infrastructure boom.
The sudden and sharp rise in cocoa prices this year is taking a toll on chocolate stocks across the world as investors scramble to assess the impact that confectionery companies could face if costs of the key ingredient remain elevated.
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