Azeri forex reserves fall to $7.044 bln by Sept. 30 -central bank

[Buzz_Burner_Fresh_Updates] Azeri forex reserves fall to $7.044 bln by Sept. 30 -central bank – reuters.com BAKU, Oct 3 (Reuters) – Azerbaijan’s foreign currency reserves declined to $7.044 billion by Sept. 30 from $7.315 billion a month earlier, the central bank said on Saturday. Continue Reading On reuters.com »  

UPDATE 1-U.S. a long way from 'macroprudential' safeguards -Fed's Dudley

[Buzz_Burner_Fresh_Updates] UPDATE 1-U.S. a long way from 'macroprudential' safeguards -Fed's Dudley – reuters.com BOSTON, Oct 3 (Reuters) – The United States is a long way from putting in place rules that will protect the financial system and the economy from broad risks, due in part to regulatory structure and to the difficulties of predicting the […]

Mitsubishi Motors preparing U.S. plant closure, job cuts: Nikkei + MORE

[Buzz_Burner_Fresh_Updates] Starbucks? OK. Lattes? No! Cuba business rules still complex after U.S. changes – reuters.com (Reuters) – Starbucks Corp can move to Cuba, but it still cannot sell lattes there. Continue Reading On reuters.com » Mitsubishi Motors preparing U.S. plant closure, job cuts: Nikkei – reuters.com TOKYO (Reuters) – Japan’s Mitsubishi Motors Corp has started […]

UPDATE 1-Euro zone must share more banking risks – Dijsselbloem

[Buzz_Burner_Fresh_Updates] UPDATE 1-Euro zone must share more banking risks – Dijsselbloem – reuters.com LUXEMBOURG, Sept 12 (Reuters) – European Union countries should share more banking risks, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Saturday, indicating support for a plan to set up a EU-wide guarantee for bank deposits which is opposed […]

UPDATE 3-G20 eyes faster economic reforms as cheap credit not enough for growth

[Buzz_Burner_Fresh_Updates] UPDATE 3-G20 eyes faster economic reforms as cheap credit not enough for growth – reuters.com ANKARA, Sept 5 (Reuters) – Financial leaders from the world’s 20 biggest economies agreed on Saturday to step up reform efforts to boost disappointingly slow growth, saying reliance on ultra-low interest rates would not be enough to accelerate economic […]

Turkish central bank hikes reserve ratio for short-term FX borrowing

[Buzz_Burner_Fresh_Updates] Turkish central bank hikes reserve ratio for short-term FX borrowing – reuters.com ISTANBUL, Aug 29 (Reuters) – Turkey’s central bank on Saturday raised the reserve ratio on lenders’ short-term hard currency borrowings to encourage the banks to borrow longer-term and bring more stability to a domestic currency market that has been subject to big […]

Teva in talks to buy Allergan big generic-drug unit: WSJ

[Buzz_Burner_Fresh_Updates] Teva in talks to buy Allergan big generic-drug unit: WSJ – reuters.com (Reuters) – Israeli drug maker Teva Pharmaceutical Industries Ltd is in talks to combine with Allergan Plc’s big generic-drug business, the Wall Street Journal reported on Saturday, citing people familiar with the matter. Continue Reading On reuters.com »  

India sets Power Finance offering base price at 254 rupees/share

[Buzz_Burner_Fresh_Updates] India sets Power Finance offering base price at 254 rupees/share – reuters.com MUMBAI, July 25 (Reuters) – The Indian government has set the base price for the offering of shares in state-run Power Finance Corp Ltd at 254 rupees a share, the company said on Saturday, a discount of 2.1 percent from Friday’s close. […]

GREECE LATEST-EU's Moscovici says Greece must do more + MORE

[Buzz_Burner_Fresh_Updates] GREECE LATEST-EU's Moscovici says Greece must do more – reuters.com July 10 (Reuters) – Following is the latest news on Greece’s debt crisis as European finance ministers decide whether to negotiate a third bailout for Greece after Prime Minister Alexis Tsipras won lawmakers’ backing for painful austerity measures. All times are in GMT. Continue […]