It has been a banner year for fossil-fuel, metals and agricultural markets. For many commodity traders, the boom in prices has had an unexpected effect: a credit crunch that is…
As American agents in Central Asia used to say, “happiness is multiple pipelines”. The Americans were trying to finance and build routes around Russia’s geopolitical lock on fossil fuel transport….
The rapid rise in prices for raw materials has reversed a decades-long decline in the cost of solar energy, denting investor interest in the sector following a record rally…
European banks need to prepare their balance sheets for the risk of pandemic-induced non-performing loans hitting them in the New Year, the head of the EU agency tasked with winding…
The chairmen of UBS Group AG and Credit Suisse Group AG are exploring a potential merger to create one of Europe’s largest banks, Inside Paradeplatz reported, citing unidentified people inside…
Today, the European Commission has put forward its proposal for a major recovery plan. To ensure the recovery is sustainable, even, inclusive and fair for all Member States, the European…
Rich countries are set to take on at least $17tn of extra public debt as they battle the economic consequences of the pandemic, according to the OECD, as sharp drops…
Some say there is a trade-off: save lives or save jobs – this is a false dilemma As the world responds to COVID-19, country after country is faced with the…
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