Wealth Growth Daily

Economy

Argentina cenbank debt poses ‘systemic risk’ to financial sector, Moody’s says

BY Reuters  • November 16, 2022November 17, 2022
(Reuters) – Argentina’s rising central bank debt poses a risk to the country’s monetary stability, ratings agency Moody’s said on Wednesday, adding it could further stoke infla[...]
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Business Economy Latin America Updated

Coinbase CFO says full contagion impact of FTX collapse still to show – WSJ

BY Reuters  • November 16, 2022November 16, 2022
(Reuters) – The full extent of the fallout on the crypto industry from the collapse of Sam Bankman-Fried’s FTX was yet to come out, Coinbase Global Inc Chief Financial Officer Alesia Haas[...]
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Business Economy Europe Technology US

CDB Aviation latest lessor to take insurers to court

BY Reuters  • November 16, 2022November 16, 2022
DUBLIN (Reuters) – CDB Aviation became the latest aircraft lessor to start legal action in pursuit of claims against a large number of insurers over jets it owns that are stuck in Russia, an Iri[...]
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Business Economy Europe

Fed’s standing repo facility a key tool some say could be improved

BY Reuters  • November 16, 2022November 16, 2022
By Michael S. Derby NEW YORK (Reuters) – A Federal Reserve tool that provides liquidity in times of stress could be strengthened if it were open to more participants and integrated into how regu[...]
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Business Economy Europe

Senegal reform implementation slower than expected – IMF staff

BY Reuters  • November 16, 2022November 16, 2022
(Reuters) – Senegal has made “significant progress” in implementing structural reforms but those have come at a slower pace than anticipated, the International Monetary Fund’s[...]
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Africa Business Economy

TSX dips as lower oil prices pressure energy shares

BY Reuters  • November 16, 2022November 16, 2022
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Wednesday as lower oil prices weighed on energy shares but gains for consumer-related stocks helped limit the index[...]
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Business Canada Economy

S&P pushes Argentina’s local currency rating deeper into junk territory

BY Reuters  • November 16, 2022November 16, 2022
(Reuters) – Ratings agency S&P Global on Wednesday cut Argentina’s long-term local currency sovereign credit rating by two notches to “CCC-” from “CCC+” to refl[...]
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Business Economy Elections Latin America Politics

Flutter sees five-fold jump in Fanduel revenue long term

BY Reuters  • November 16, 2022November 16, 2022
By Padraic Halpin DUBLIN (Reuters) -Flutter sees revenue at its rapidly growing and market leading U.S. Fanduel business jumping by 4.5 to 5-times to around $15 billion over the long term, the world[...]
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Business Economy Europe Technology Updated US

UK banks say consumer safeguard could backfire in cost of living crisis

BY Reuters  • November 16, 2022November 16, 2022
By Huw Jones LONDON (Reuters) – Britain’s banks are proactively helping customers hit by the cost of living crisis, but implementing a new “consumer duty” on time could exclude[...]
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Asia Business Economy Europe Top News UK US
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