Spain approves mortgage support for more than 1 million households

Measures support vulnerable families with an income limit of 25,200 euros Threshold for medium-sized businesses set at 29,400 euros Measures include extending loan repayments to 7 years Promotions also provide grace periods and refund freezes Plan will be finalized on Tuesday after talks with banks MADRID, Nov 21 (Reuters) – The Spanish government will on … Read more

New budget from the Italian government to increase spending to fight the energy crisis

First comprehensive budget of Meloni’s new government Most of the money is earmarked to help tackle high energy bills Energy tax windfall, benefit restrictions expected ROME, Nov 20 (Reuters) – Italy’s new right-wing government plans to announce some €30 billion in new spending on Monday in a budget for next year, aimed primarily at mitigating … Read more

Ukraine Nuclear Power Plant Shot, UN Warns: ‘You’re Playing With Fire!’

According to the IAEA, the factory in Ukraine has been rocked by 12 explosions Plant is controlled by Russian troops Moscow and Kiev accuse each other of shelling “You’re playing with fire!” – IAEA Chief LONDON, Nov 20 (Reuters) – Ukraine’s Zaporizhzhia nuclear power plant, which is under Russian control, was rocked by shelling on … Read more

NY Fed: Bank liquidity may be tighter than thought, with policy implications

Nov 18 (Reuters) – The way the banking system manages its cash suggests the financial system may not be as good as many now understand, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper says of the The Federal Reserve Bank of New York said … Read more

First TVs, now tortillas: U.S. companies set floor prices to stop discounts

NEW YORK, Nov 17 (Reuters) – Manufacturers of everything from toys to tortillas are increasingly setting minimum prices on their goods to preserve profits and limit price cuts, while retailers such as Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O) ) try to grab online turnover from each other. As a result, customers are getting fewer … Read more

Chinese regulators push for more financial support for real estate companies – sources

BEIJING, Nov. 13 (Reuters) – Chinese regulators have asked financial institutions to provide more support to property developers to support the country’s struggling real estate sector, two sources with direct knowledge of the matter said on Sunday. A message to the institutions of the People’s Bank of China (PBOC) and the China Banking and Insurance … Read more

Canada orders three Chinese companies to end crucial mineral deals

OTTAWA, Nov. 2 (Reuters) – The Canadian government on Wednesday ordered three Chinese companies to divest their investments in Canadian critical mineral companies due to national security concerns. The three companies to divest are Sinomine (Hong Kong) Rare Metals Resources Co Ltd, Chengze Lithium International Ltd, also based in Hong Kong, and Zangge Mining Investment … Read more

No Microsoft fixes in first EU antitrust assessment of Activision deal – source

BRUSSELS, Oct. 31 (Reuters) – Microsoft Corp’s (MSFT.O) has offered no remedies to EU antitrust regulators reviewing its proposed $69 billion bid for “Call of Duty” maker Activision Blizzard (ATVI.O) ahead of an expected full-scale EU probe, a person familiar with the matter said on Monday. The US software company is betting on the acquisition … Read more

US EXCLUSIVE alleges Seagate violated export rules to sell Huawei hard drives -source

Oct. 26 (Reuters) – Seagate Technology Holdings said in a filing Wednesday that the U.S. government has warned the company it may have violated export control laws by supplying hard drives to a customer who knows a source familiar with the situation and identified. as Huawei Technologies (HWT.UL). Reuters was the first to report the … Read more

EU to give €18 billion to Kiev next year to help run Ukraine

EU offers 1.5 billion euros per month to run Ukraine in 2023 Berlin to host long-term reconstruction conference on October 25 EU divided over more sanctions against Russia, seizure of assets, war tribunal BRUSSELS, Oct. 21 (Reuters) – The European Union will give Kiev 1.5 billion euros a month by 2023 to help rule Ukraine … Read more