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Published on Dec 18, 2024

This Economist Is Worried About More Companies Shifting Production From Germany. Why?

German manufacturing is facing a deep structural crisis that is largely to blame for the persistent sluggishness in the economy and now a Commerzbank economist is concerned that if the uncertainty regarding the government's economic policies does not …

Source: RTTNews - Neutral
Published on Dec 18, 2024

Eurozone Inflation Rises Less Than Estimate

Eurozone inflation grew at a slightly slower than initially estimated pace in November, revised data published by Eurostat showed on Wednesday. The harmonized index of consumer prices rose 2.2 percent year-on-year in November, following a 2.0 percent …

Source: RTTNews - Neutral
Published on Dec 18, 2024

Philip R. Lane: The euro area outlook and monetary policy

Speech by Philip R. Lane, Member of the Executive Board of the ECB, MNI Webcast Frankfurt am Main, 18 December 2024 Introduction The Governing Council last week decided to lower the deposit facility rate – the rate through which we steer the monetary …

Distribution channels: Banking, Finance & Investment Industry
Published on Dec 16, 2024

ECB president says further interest rate cuts to be expected

VILNIUS, Dec. 16 (Xinhua) -- After the European Central Bank (ECB) lowered its key interest rates Thursday, ECB President Christine Lagarde said Monday that further rate cuts are on the way. "This is not the last interest rate cut that we are making,…

Source: Xinhua News Agency - Gov't Propaganda
Published on Dec 16, 2024

Lagarde says ECB to cut further with inflation close to goal

The European Central Bank will lower borrowing costs further as the inflation spike of recent years increasingly moves into the rear-view mirror, bringing the 2% target within reach, President Christine Lagarde said. After a “lengthy period of restrictive …

Source: Stockwatch - Label Pending
Published on Dec 16, 2024

Hellenic Bank cuts rate for ECB-linked loans — 6,000 borrowers to benefit

Hellenic Bank on Monday announced a reduction in its reference rate for loans linked to the European Central Bank’s (ECB) base rate. Effective from December 18, 2024, the rate will decrease by 0.25 percentage points, moving from 3.40 per cent to 3.15 per …

Source: Cyprus Mail - Uncategorized
Published on Dec 16, 2024

ECB is confident that inflation will converge to target in 2025, De Guindos says

MADRID (Reuters) – The European Central Bank is confident that inflation will converge to the 2% goal in 2025 as is reflected in its monetary policy, ECB’s Vice-President Luis de Guindos said on Monday. “If our inflation projections hold true, the ( …

Source: WSAU - Wisconsin - Label Pending
Published on Dec 16, 2024

ECB's Lagarde flags more rate cuts if inflation continues to fall

The European Central Bank (ECB) will lower interest rates further if inflation continues to fall toward its 2% goal as restricting economic growth is no longer necessary, ECB President Christine Lagarde said on Monday. The ECB has cut interest rates four …

Source: Daily Sabah - Gov't Propaganda
Published on Dec 16, 2024

Lagarde says ECB will continue to cut interest rates

FRANKFURT - European Central Bank President Christine Lagarde said Monday eurozone policymakers would further cut interest rates if inflation continues to fall on its path towards the ECB's two-percent target. "If the incoming data continue to …

Source: Eye Witness News - Label Pending
Published on Dec 16, 2024

ECB should keep cutting rates in small steps, Kazimir says

FRANKFURT (Reuters) - The European Central Bank should continue to cut interest rates in small steps and resist the temptation of trying to prop up growth in a currency bloc that suffers largely from structural faults, Slovak policymaker Peter Kazimir said …

Source: Yahoo Finance - Label Pending
Published on Dec 16, 2024

Lagarde Says ECB to Cut Further With Inflation Victory Near

(Bloomberg) -- The European Central Bank will lower borrowing costs further as the inflation spike of recent years increasingly moves into the rear-view mirror, bringing the 2% target within reach, President Christine Lagarde said. Most Read from Bloomberg …

Source: Yahoo Finance - Label Pending
Published on Dec 18, 2024

Eurozone inflation revised down slightly in November

Inflation in the 20-nation eurozone rebounded a little less than previously estimated in November, according to revised official data released on Wednesday. Year-on-year consumer price increases in the single currency area inched back up to 2.2 percent …

Source: Zawya - Uncategorized
Published on Dec 18, 2024

Sterling drops before Fed policy meeting, after UK inflation data

Sterling fell versus the dollar before the Federal Reserve's policy meeting later on Wednesday, which could suggest a less aggressive monetary easing path in the U.S., while British inflation figures were in line with analyst expectations. Consumer …

Source: Zawya - Uncategorized
Published on Dec 17, 2024

Former finance minister says Germany is not recognizing Bitcoin’s value

Christian Lindner, the former Finance Minister of Germany, questioned the country’s leaders for not adopting Bitcoin’s economic opportunities, especially as the U.S. moves forward with crypto innovation. The leader of the Free Democratic Party (FDP) …

Source: Cryptopolitan - Uncategorized
Published on Dec 16, 2024

RBA board: Treasurer Jim Chalmers appoints corporate-heavy advisory board to Reserve Bank

Treasurer Jim Chalmers has appointed a corporate-heavy advisory board to the Reserve Bank of Australia, following a six month review in to how the bank sets monetary policy. The appointments are part of the most comprehensive reforms at the Reserve Bank in …

Source: The West Australian - Center-right
Published on Dec 16, 2024

David McNamara: Central banks globally deliver an early Christmas present

With a flurry of central bank meetings occurring in the two weeks before the Christmas break, the majority have been opting for further rate cuts. Most pertinently for the Irish economy, the ECB delivered an expected 25 basis point (bps) cut, accompanied …

Source: Irish Examiner - Neutral
Published on Dec 18, 2024

UniCredit Lifts Commerzbank Stake as Orcel Keeps Up Pursuit

(Bloomberg) -- UniCredit SpA increased its holding in Commerzbank AG to about 28%, ratcheting up Chief Executive Officer Andrea Orcel’s pursuit of the German lender. Most Read from Bloomberg UniCredit has entered into additional instruments relating to …

Source: Yahoo Finance - Label Pending
Published on Dec 18, 2024

EU should force customers to buy less polluting products, companies say

Stay informed with free updates Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. Major fossil fuel and industrial companies including Shell, BP and Tata Steel are among those calling on European politicians to …

Source: The Financial Times - Neutral
Published on Dec 18, 2024

Column-Cash appetites go separate ways in US and Europe: Mike Dolan

By Mike Dolan LONDON (Reuters) – Stock market peaks typically coincide with troughs in cash holdings – but a regional skew to that picture may be messing with the signal for anyone still wary of U.S. equities. The overwhelming, almost unnerving, …

Source: WTVB - Michigan - Label Pending

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Published on December 18, 2024 - 10:35 GMT

Chairman Jiangtao Sun of CBiBank Explores the Future of Commercial Banking at TEEC 2024 Conference

VA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- On June 14, 2024, the Tsinghua Entrepreneur & Executive Club (TEEC) East America Chapter hosted the "Lifetime Commitment" 2024 Conference on the 75th floor of the Empire …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 17, 2024 - 23:30 GMT

Global AI In Banking Market Set For 32.8% Growth, Reaching $37.15 Billion By 2028

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 18, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on December 18, 2024 - 22:04 GMT

PrairieSky Announces Amendment and Extension of Credit Facility

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce the amendment and extension of its unsecured, covenant-based revolving credit facility and …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 18, 2024 - 22:00 GMT

EMGA secures US$90M from EIB for Brazil’s BTG Pactual

LONDON, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA) announces today they have secured US$90M debt finance for their long-standing Brazil-based client, BTG Pactual. The US$90 million senior unsecured loan was provided by …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on December 18, 2024 - 22:00 GMT

Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, ...

New York, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering ( …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 18, 2024 - 21:45 GMT

Orange Bank & Trust Company Welcomes James J. Landy as New Business Development Consultant

MIDDLETOWN, N.Y., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Orange Bank & Trust Company, an economic engine of New York’s Hudson Valley for more than 132 years, is pleased to announce the appointment of James J. Landy as Business Development Consultant. Landy …

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Published on December 18, 2024 - 21:45 GMT

First Commonwealth Financial Corporation Expands Presence in Cincinnati with Acquisition of CenterGroup Financial, Inc.

INDIANA, Pa. and CINCINNATI, Oh., Dec. 18, 2024 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (“First Commonwealth”) (NYSE: FCF), the holding company for First Commonwealth Bank, and CenterGroup Financial, Inc. (“CenterGroup”), the holding …

Distribution channels: Companies ...
Published on December 17, 2024 - 10:00 GMT

Epos Now Acquires Yoello, Expanding Global Payments and Open Banking Capabilities

Acquisition of Yoello strengthens Epos Now’s global embedded finance platform, enhancing payment, loyalty, and mobile solutions for 80,000+ merchant locations. LONDON, UNITED KINGDOM, December 17, 2024 /⁨EINPresswire.com⁩/ -- Epos Now, a global …

Distribution channels: Banking, Finance & Investment Industry, Companies ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 12/19/2024

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Published on December 19, 2024 - 01:00 GMT

Americans United Against Destructive Driving (AUADD) Expands Human Services Efforts for 2025, with a Focus on Veterans

Decades old, all volunteer highway safety charity, looks to better the lives of veterans with their expansion of humans services. BURR RIDGE, IL, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- Americans United Against Destructive Driving …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on December 19, 2024 - 00:00 GMT

Buildremote Publishes Comprehensive Report on Office Space Reductions by Major Companies

Buildremote has released an in-depth report analyzing office space reductions among major companies from 2020 to 2024. CORONADO, CA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- Buildremote, a premier workplace research organization, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 23:30 GMT

Key B2B Legal Services Market Trend 2024-2033: The Launch Of Lz Books

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 19, 2024 /⁨EINPresswire.com⁩/ -- Kickstart your year with The …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 23:30 GMT

Global B2B Payments Market Set For 9.7% Growth, Reaching $1794.55 Billion By 2028

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 19, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 23:30 GMT

Key B2B2C Insurance Market Trend 2024-2033: Cloud-Based Platforms For Enhanced Efficiency

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 19, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 21:47 GMT

AdvizorPro Adds Powerful Lead Scoring Feature

ATLANTA, GA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- AdvizorPro, the leading provider of prospecting solutions in the financial services industry, is thrilled to announce the launch of its latest feature: Lead Scoring. Designed to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 21:32 GMT

Ivanti Marble & Granite Highlights Sustainability Trends in Kitchen Remodeling with Natural and Engineered Stone

Ivanti Marble & Granite Highlights Sustainability Trends in Kitchen Remodeling with Natural and Engineered Stone ROCKVILLE, MD, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- As homeowners increasingly prioritize sustainability in …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 18, 2024 - 20:54 GMT

TechObserver's RISE FinAI Summit to explore transformative impact of AI on BFSI sector

TechObserver's Rise FinAI Summit explores role of AI in transforming BFSI, addressing innovation, risk management, and regulatory challenges. NEW DELHI, INDIA, December 18, 2024 /⁨EINPresswire.com⁩/ -- As India progresses towards its ambition …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 20:43 GMT

Zypto & MoneyGram Launch Global Cash-USDC Stellar Conversions

Zypto partners with MoneyGram to enable global cash-USDC (Stellar) conversions, bridging the gap between traditional finance and the blockchain economy. DALLAS, TX, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- Zypto is delighted to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 20:31 GMT

Giovani Miguel Shines at Build Safe Connection as Boston Hosts Construction Industry Elite

BOSTON, MA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- The Build Safe Connection (BSC) proved to be more than just an event; it was a movement. Held at the iconic Huntington Theatre in Boston, this gathering of over 300 construction …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on December 18, 2024 - 20:30 GMT

All Wheels Up Applauds the Landmark Protections for Disabled Americans Announced by U.S. Department of Transportation

With the support of stakeholders and decades of advocacy, travelers with disabilities now have increased supports and fewer limitations FRISCO, TEXAS, TX, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- All Wheels Up (AWU), the first non …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on December 18, 2024 - 19:18 GMT

Onyx Law expands services to better support individuals and families across British Columbia

Enhancing family and estate law services, Onyx Law Group ensures personalized legal support tailored to diverse client needs across British Columbia. VANCOUVER, BRITISH COLUMBIA, CANADA, December 18, 2024 /⁨EINPresswire.com⁩/ -- Onyx Law Group, a …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on December 18, 2024 - 19:04 GMT

SURPLUS TRUSTEE SALE REVERSAL: Consumer Defense Law Group Achieves Another Rare Victory for Mesa Homeowner

MESA, AZ, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- On March 14, 2024, Mesa homeowner Maria Zavala of 3406 E Hopi Ave received a devastating Notice of Trustee Sale. After years of pandemic-related financial hardship, Maria’s lender …

Distribution channels: Banking, Finance & Investment Industry, Human Rights ...
Published on December 18, 2024 - 19:02 GMT

Nonprofit Alliance of Consumer Advocates & Consumer Defense Law Group Secure Yet Another Surplus Trustee Sale Reversal!

JURUPA VALLEY, CA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- Jurupa Valley, CA – When Ana Henriquez of Jurupa Valley, California, received the devastating news that her home had been sold at a Trustee Sale to a third-party highest …

Distribution channels: Banking, Finance & Investment Industry, Human Rights ...
Published on December 18, 2024 - 18:59 GMT

Successful Trustee Sale Reversal: Consumer Defense Law Group Gets a Loan Modification for Michael Macia

REDDING, CA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- The Nonprofit Alliance of Consumer Advocates, the Financial Literacy Division of Serve All Help All, a 501(c)(3) nonprofit organization established in 2007, proudly announces …

Distribution channels: Banking, Finance & Investment Industry, Human Rights ...
Published on December 18, 2024 - 18:49 GMT

Carol Moya Inspires the Future of Business at Build Safe Connection in Boston

BOSTON, MA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- The Build Safe Connection (BSC), hosted at the historic Huntington Theatre in Boston, proved to be the premier gathering for construction industry leaders, innovators, and …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on December 18, 2024 - 18:47 GMT

MONTICELLOAM, LLC, Huntington National Bank Provide $400M to Refinance Skilled Nursing Portfolio

NEW YORK, NY, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- MONTICELLOAM, LLC (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 18:45 GMT

WaterWalk Holding Company Completes Successful Sale of WaterWalk Phoenix North Happy Valley

WICHITA, KS, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- WaterWalk is pleased to announce the successful sale of its WaterWalk Phoenix North Happy Valley location to Ignite Hotels LLC. This transaction marks a significant milestone as …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 18, 2024 - 18:05 GMT

New Memoir "How to Succeed on Wall Street…" Unmasks Illusions with Candid Insights and Advice for the Finance Industry

Success shouldn’t come at the expense of well-being. Author S.A. Thomas guides professionals through the hidden pitfalls of Wall Street with wit and candor. STATEN ISLAND, NY, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- In his debut …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 18, 2024 - 17:50 GMT

CSI DMC Celebrates the Promotion of Rachel Carey to Executive VP of Strategic Accounts and Industry Relations

CSI DMC promotes Rachel Carey to EVP, leading strategic partner relations. With 20 years in hospitality, she aims to enhance client experiences and growth. FALLS CHURCH, VA, UNITED STATES, December 18, 2024 /⁨EINPresswire.com⁩/ -- CSI DMC, Inc., a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...