News Wire

S.Africa's stock market falls 2%, rand weakens in afternoon trade

25/09 The Johannesburg Stock Exchange (JSE) index gave up the gains made earlier in the week as the stock market plunged on Friday amid concerns that rising coronavirus cases could delay economic recovery.  Full story

Denmark's Chr Hansen to sell food colouring unit to Sweden's EQT

06h47 Danish ingredients maker Chr Hansen Holding A/S said on Saturday it would sell its food colouring business to Swedish private equity firm EQT for 800 million euros ($930.40 million).. . .  Full story

Beijing autoshow: Demand rebound, EV boom mix with murky outlook

06h10 China's auto market has rebounded smartly from the COVID-19 crash in recent months, especially for high-end cars, but questions about the durability of that recovery hung over the Beijing autoshow that started on Saturday.. . .  Full story

Mitsubishi Motors to cut 500-600 jobs to reduce costs-sources

05h53 Mitsubishi Motors Corp will seek voluntary retirement from 500 to 600 employees, mostly in management, in Japan from mid-November to cut costs, two sources familiar with the matter told Reuters on Saturday.. . .  Full story

Two ex-Deutsche Bank traders convicted in U.S. over fake orders

02h30 Two former Deutsche Bank AG traders were found guilty on Friday by a federal jury in Chicago of placing fraudulent "spoof" orders for precious metals futures contracts, the Justice Department said.. . .  Full story

Justice Department asks judge to allow U.S. to bar WeChat from U.S. app stores

02h09 The U.S. Justice Department asked a federal judge in San Francisco on Friday to allow the government to bar Apple Inc and Alphabet Inc's Google from offering WeChat for download in U.S. app stores pending. . .  Full story

USDA funds $1 mln research project studying COVID-19 in U.S. beef supply chain

01h44 The U.S. Department of Agriculture is funding a $1 million research project to identify how the virus that causes COVID-19 might be transmitted in the nation's beef supply chain, from cattle on the farm. . .  Full story

Latest on the worldwide spread of coronavirus

25/09 India reported 86,052 new coronavirus cases on Friday and was set to overtake the United States by next month as the world's worst-affected nation, while the World Health Organization warned the global death toll. . .  Full story

Trudeau says he will 'take into account' U.S. drug import plans but will put Canadians first

25/09 Canadian Prime Minister Justin Trudeau said on Friday that while he is willing to entertain demands from the United States for Canadian medications, he would put the nation's needs first.. . .  Full story

Wall Street ends higher as tech rally squashes virus fears, but S&P down for week

25/09 Technology stocks again rode to Wall Street's rescue on Friday, lifting the main indexes more than 1%, but the Dow and the S&P 500 still posted their longest weekly losing streaks in a year. . .  Full story

Stocks rally to end bitter week; dollar up the most since April

25/09 Stocks fell 2% around the globe this week and the dollar posted its strongest weekly performance since April as concern over the economic effect of a second wave of coronavirus-related lockdowns weighed on investors' risk. . .  Full story

Some 3,500 U.S. companies sue over Trump-imposed Chinese tariffs

25/09 About 3,500 U.S. companies, including Tesla Inc, Ford Motor Co, Target Corp , Walgreen Co and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more. . .  Full story

Hygo trading halted as CEO named in Brazil corruption probe

25/09 Debut trading in Hygo Energy Transition Ltd was suspended on Thursday hours after the liquefied natural gas transport and infrastructure operator's chief executive was named in a corruption investigation in Brazil.. . .  Full story

Oil falls on mounting COVID-19 cases, supply concerns

25/09 Oil edged lower on Friday, falling more than 2% on the week as COVID-19 cases surged globally and oil supply is set to rise in coming weeks.. . .  Full story

FAA chief set to conduct 737 MAX evaluation flight next week

25/09 Federal Aviation Administration Chief Steve Dickson is set to conduct an evaluation flight at the controls of a Boeing 737 MAX next week, a key milestone as the U.S. planemaker works to win approval to. . .  Full story

C$ sees biggest weekly drop in 5 months as economic risk climbs

25/09 The Canadian dollar weakened to a seven-week low against its U.S. counterpart on Friday as rising economic and political uncertainties raised demand for safe-haven currencies, with the loonie losing ground for the third straight week.. . .  Full story

Dollar resumes its rally, showing strongest week since early April

25/09 The dollar gained ground on Friday and measured its biggest weekly gain since early April as investors worried about a slowing economic recovery, rising coronavirus infections in Europe, uncertainty about U.S. stimulus, and. . .  Full story

Hungary's Orban rejects criticism over rule of law, says he is a "freedom fighter"

25/09 Hungarian Prime Minister Viktor Orban, declaring himself a "freedom fighter" for national sovereignty, rejected on Friday a plan that would force European Union member states to welcome asylum seekers.. . .  Full story

Colombian peso slides after rate cut; Strong dollar pressures other Latam FX

25/09 A strong dollar pressured most Latin American currencies on Friday, with Colombia's peso leading losses after the country's central bank cut interest rates to a historic low. The bank trimmed the. . .  Full story

Details on Trump's $200 cards for Medicare users scarce and conflicted

25/09 The Trump administration's planned distribution of $200 benefit cards to Medicare recipients will take place over the next few months, with not all beneficiaries receiving one before the Nov. 3 presidential election, a U.S. Department. . .  Full story

U.S. corn, soy futures firm after four days of losses; wheat weak

25/09 Chicago Board of Trade corn and soybean futures rose on Friday, bouncing back from four straight days of declines on a mild round of bargain buying, traders said.. . .  Full story

Colombia central bank cuts rate to 1.75%, IMF increases flexible credit line

25/09 Colombia's central bank board cut the benchmark interest rate to a historic low of 1.75% on Friday, in a split decision in line with a narrow majority of analyst predictions, as it continues to. . .  Full story

Yields flat after U.S. durable goods data

25/09 U.S. Treasury yields moved off earlier lows on Friday in the wake of an upbeat report on U.S. durable goods, while stocks shook off a weaker start to turn higher.. . .  Full story

Europe regulator sees November lifting of Boeing 737 MAX flight ban

25/09 Boeing's grounded 737 MAX could receive regulatory approval to resume flying in November and enter service by the end of the year, Europe's chief aviation safety regulator said on Friday.. . .  Full story

Alphabet settles shareholder suit over sexual misconduct cases

25/09 Alphabet Inc on Friday settled a shareholder lawsuit that accused the Google parent of covering up lavish exit packages to executives found responsible for sexual misconduct, saying it would overhaul workplace policies and increase oversight. . .  Full story

Gold slips as investors look to dollar for safety from coronavirus woes

25/09 Gold fell on Friday, hovering near last session's over two-month low, as investors sought shelter in the dollar from rising coronavirus cases and uncertainties over the next U.S. stimulus to aid the economy.. . .  Full story

-ConocoPhillips sees global oil demand returning, executive says

25/09 U.S. oil producer ConocoPhillips sees global demand returning to 100 million barrels per day and growing from there, with oil an "important part of the energy mix in any scenario" going forward, a senior. . .  Full story

VIA Optronics shares slide as much as 35% after lackluster New York debut

25/09 VIA Optronics AG's shares underwhelmed in their debut on the New York Stock Exchange and fell as much as 35% on Friday, after the Germany-based company priced its initial public offering at the lower. . .  Full story

Department store chain Neiman Marcus emerges from bankruptcy

25/09 Neiman Marcus Holding Co said on Friday it has completed its Chapter 11 bankruptcy protection process, emerging from one of the highest-profile retail collapses during the COVID-19 pandemic.. . .  Full story

Premier Oil seeks new covenant waiver extension - source

25/09 Premier Oil is asking debt holders to extend a waiver on its borrowing terms beyond Sept. 30 while it tries to convince at least 75% of its creditors to back a plan to raise. . .  Full story

Guyana nears deal with Exxon for Payara project development, minister says

25/09 Guyana is close to reaching a deal with Exxon Mobil Corp to approve the company's Payara project, after the company committed to stricter environmental restrictions on gas flaring and wastewater, a top government official said. . .  Full story

Turkish rate hike needs follow through for real game change

25/09 Turkish policymakers are no strangers to unexpected action when in a tight corner, but analysts said Thursday's surprise interest rate hike could herald a change of tack on monetary policy.. . .  Full story

G20 exploring structural approaches to boost funding for developing countries

25/09 The Group of 20 major economies on Friday said they are looking at structural approaches to secure longer-term financing for developing countries, including development of domestic capital markets and work to catalyze private sector investment.. . .  Full story

G7 ministers back extension of debt freeze for poorest nations, urge reforms

25/09 G7 finance ministers on Friday backed an extension of a G20 temporary freeze in debt payments and recognized the need for broad debt relief in the future, while taking aim at G20 member China. . .  Full story

Israel tightens second-wave lockdown as PM, critics argue over protest curbs

25/09 Israel tightened COVID-19 lockdown measures on Friday and critics accused Prime Minister Benjamin Netanyahu of trying to curb protests against his handling of the health and economic crises.. . .  Full story

India unlikely to revoke PUBG ban despite Tencent licence withdrawal - source

25/09 India is unlikely to revoke a ban on PlayerUnknown's Battlegrounds (PUBG) following PUBG Corp's decision to withdraw the mobile game's publishing rights in the country from China's Tencent, a senior government official said on Friday.. . .  Full story

U.S. drillers add rigs for second week, still down for 7th quarter -Baker Hughes

25/09 U.S. energy firms this week added oil and natural gas rigs for a second week in a row as some drillers return to the wellpad now that crude prices have held gains made since. . .  Full story

Portugal's public deficit widens as pandemic bites

25/09 Portugal's government reported on Friday a public deficit of around 6.1 billion euros between January and August this year, over 16 times higher compared to the same period in 2019 due to the impact. . .  Full story

Rolls-Royce says no final decision on potential stakes

25/09 Rolls-Royce said on Friday that no final decision had been made on allotting shares to potential investors, "including any sovereign wealth fund", as the British engineering firm was still reviewing all available funding options.. . .  Full story

Virus fears push European stocks to worst week since June

25/09 European stocks recorded their worst weekly decline since mid-June on Friday, as investors feared that a second wave of coronavirus infections will hamper economic recovery, while banking stocks sank to an all-time low.. . .  Full story

Copper steadies as market waits for cues from data

25/09 Copper prices steadied on Friday after hitting one-month lows in the previous session as the market waited for economic data to shed light on growth and demand prospects and stimulus plans to shore up. . .  Full story

Consumer stocks help UK shares end harsh week higher

25/09 A near 44% surge in bookmaker William Hill on takeover offers lifted consumer stocks on Friday, helping UK shares outperform European peers and end a tumultuous week on a high note.. . .  Full story

Regulators ready to give more coronavirus relief to banks if needed

25/09 Global banking regulators said on Friday they stand ready to offer more relief to lenders as a second wave of the pandemic and prolonged remote working test their resilience.. . .  Full story

Sterling erases gains as traders weigh UK's next moves

25/09 Sterling erased earlier gains in a choppy session on Friday as investors hoped Britain's new scaled-back job support scheme would be followed by other fiscal measures but feared talks about a move to sub-zero. . .  Full story

U.S. business spending digging out of deep hole; outlook uncertain

25/09 New orders for key U.S.-made capital goods increased more than expected in August and shipments raced to their highest level in nearly six years, suggesting a rebound in business spending on equipment was underway after. . .  Full story

-Cost of European junk bond insurance set for biggest weekly jump since March

25/09 The cost of insuring European junk bonds against default was on track for its biggest weekly jump since the height of the coronavirus market sell-off in March on Friday.. . .  Full story

Bank of America issues $2 billion bond to promote racial equality

25/09 Bank of America Corp said on Friday it was issuing a $2-billion bond, where a portion of the proceeds will be used for the financial empowerment of Black and Hispanic-Latino communities.. . .  Full story

German bond yields fall as coronavirus worries rattle Europe

25/09 Safe-haven German bond yields edged lower on Friday as fears of further coronavirus restrictions weighed on the region's financial markets.. . .  Full story

Argentina Inc fears 'virtual default' as FX noose tightened

25/09 Argentine companies are facing an increasingly difficult task to keep up with payments on dollar debt, hiking the risk of a wave of corporate defaults after the country tightened access to foreign currency to. . .  Full story

S.Africa's stock market, rand drop amid virus resurgence

25/09 Shares on the Johannesburg Stock Exchange (JSE) fell sharply on Friday, giving up gains made earlier in the week, amid concerns that rising coronavirus cases around the world could delay economic recovery.. . .  Full story

Germany confirms two more swine fever cases in wild boar

25/09 Another two cases of African swine fever (ASF) have been confirmed in wild boars in the eastern German state of Brandenburg, the state government said on Friday.. . .  Full story

China expands investment scope for foreign investors under combined scheme

25/09 China moved to further ease foreign access to its capital markets on Friday, officially combining two major inbound investment schemes and broadening the scope for foreign institutional investment.. . .  Full story

Iran's oil exports jump in September defying sanctions -TankerTrackers

25/09 Iranian oil exports have risen sharply in September in defiance of U.S. sanctions, three assessments based on tanker tracking showed, throwing a lifeline to the Islamic Republic and its collapsing economy.. . .  Full story

Asian LNG prices rise on winter demand expectations

25/09 Asian spot liquefied natural gas (LNG) prices edged up this week amid spot buying in the region and a possibility of higher consumption in winter due to cold weather.. . .  Full story

Retired colonel sworn in as Mali interim president after coup

25/09 Retired colonel Bah Ndaw was sworn in as Mali's interim president on Friday, tasked with presiding over an 18-month transition back to civilian rule after a military coup.. . .  Full story

Norway could cut oil, gas output by 900,000 boepd if workers strike

25/09 Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and. . .  Full story

G7 backs extension of G20 debt freeze, calls for reforms to address 'shortcomings'

25/09 G7 finance ministers on Friday backed an extension of a G20 bilateral debt relief initiative for the world's poorest countries, but said it must be revised to address shortcomings hindering its implementation.. . .  Full story

Vodafone wins international arbitration against India in $2 bln tax case

25/09 Vodafone Group Plc said on Friday it had won an international arbitration case against the Indian government, ending one of the most high-profile disputes in the country involving a $2 billion tax claim.. . .  Full story

TSX set for first monthly fall since April on virus fears

25/09 Canada's main stock index opened lower on Friday and was set for its first monthly loss since April, as concerns around the economic impact of rising coronavirus infections drowned optimism over domestic stimulus measures.. . .  Full story

UK public borrowing overtakes financial crisis peak

25/09 British public borrowing surged again in August to a record high, driven by huge outlays to combat the coronavirus pandemic, with the budget deficit so far this tax year overtaking its full-year peak during. . .  Full story

Asia Gold-Discounts narrow in top hubs as price dip attracts some interest

25/09 Physical gold demand limped higher in top Asian hubs this week, with dealers in India easing discounts to the lowest level in six weeks, as a drop in prices saw a little interest return. . .  Full story

Germany wants binding quota for CO2-free jet fuel -draft law

25/09 Germany plans to speed up its transition to low-carbon transport, bringing forward by four years to 2026 the point when 14% of fuel used in transport must come from renewable energy sources, according to. . .  Full story

J&J signs manufacturing deal with GRAM for potential COVID-19 vaccine

25/09 Johnson & Johnson has signed a manufacturing deal for its coronavirus vaccine candidate with Grand River Aseptic Manufacturing Inc, the contract manufacturing organization said on Friday.. . .  Full story

Italy hikes deficit targets, sees debt around 156% of GDP in 2021 - sources

25/09 Italy is preparing to raise its budget deficit goals for this year and next and target public debt at around 156% of national output in 2021 because of the coronavirus crisis, two government sources. . .  Full story

William Hill gets bid approaches from Apollo and Caesars

25/09 William Hill has received rival takeover proposals from buyout firm Apollo and U.S. casino operator Caesars Entertainment, the British betting firm said on Friday, without disclosing the value of the offers.. . .  Full story

Japan finmin urges G7 to pressure China to abide by debt relief initiative

25/09 Japanese Finance Minister Taro Aso said on Friday that China's participation in a debt relief initiative dubbed "DSSI" was insufficient and that the Group of Seven (G7) advanced economies must put more pressure on. . .  Full story

Harley close to deal with India's Hero after stopping local manufacturing-sources

25/09 Harley-Davidson Inc is in advanced talks with India's Hero MotoCorp for a distribution deal which will allow the U.S. company's motorcycles to be sold in India, after it stops local manufacturing there, three sources told. . .  Full story

JOINT STATEMENT

25/09 . . .  Full story

Aviva in talks for piecemeal sale of Italy business - sources

25/09 Aviva is weighing a piecemeal sale of its Italian business which consists of two joint venture agreements focused on life insurance as well as general insurance policies handled by a network of agents, sources familiar. . .  Full story

Swiss add UK, Ireland, others to quarantine list

25/09 Switzerland on Friday added several countries including the United Kingdom, Ireland, Denmark, Belgium, the Netherlands and Portugal to its list https://www.bag.admin.ch/bag/en/home/krankheiten/ausbrueche-epidemien-pandemien/aktuelle-ausbrueche-epidemien/novel-cov/empfehlungen-fuer-reisende/quarantae. . .  Full story

U.S. core capital goods orders increase more than expected in August

25/09 New orders for key U.S.-made capital goods increased more than expected in August and demand for the prior month was stronger than previously reported, pointing to a steady recovery in manufacturing.. . .  Full story

Zambia to remove import duty on copper ore to encourage local processing - finmin

25/09 Zambia will remove import duty on copper ores and concentrates to encourage local processing, Finance Minister Bwalya Ng’andu said in a budget speech delivered in parliament on Friday.. . .  Full story

Poland to close coal mines by 2049 in deal with unions

25/09 Poland's government struck a deal with trade unions on Friday to gradually close its coal mines by 2049, the two sides said, confirming a Reuters report.. . .  Full story

Rise of the zombies? Europe faces insolvency balancing act

25/09 Even as the European economy slumps into its deepest recession in modern history, the number of bankruptcies across the continent has fallen sharply as government subsidies and a temporary loosening of insolvency rules keep companies. . .  Full story

Take Five: Bring on Q4!

25/09 1/GO FOURTH. . .  Full story

Sri Lankan shares finish week over 2% higher

25/09 Sri Lankan shares ended higher on Friday, hitting a seven-month peak earlier in the session, supported by gains in consumer and financial stocks.. . .  Full story

New COVID-19 cases in England accelerating sharply - ONS survey

25/09 The number of people in England with COVID-19 jumped by 73% in the week to Sept. 19, according to an official estimate that underscored the resurgence of the pandemic in Britain.. . .  Full story

Japan's PM says to gradually allow foreign long-term visa holders to enter from October

25/09 Japan will gradually start allowing entry to foreigners with newly issued long-term visas from October, Prime Minister Yoshihide Suga said on Friday, further relaxing tough restrictions introduced earlier this year to guard against imported cases. . .  Full story

MasMovil says has not been in talks with Vodafone

25/09 Spain's MasMovil and its new private equity owners said they had not been in contact with Vodafone after a newspaper reported the London-based company had started talks about buying the mobile operator.. . .  Full story

Italy launches fund to help virus-hit hospitality industry

25/09 Italy's state lender CDP said on Friday it had created a National Tourism Fund to invest up to 2 billion euros ($2.3 billion) in the hotel sector, ravaged by the coronavirus pandemic.. . .  Full story

U.S. refiners bringing diesel stocks under control: Kemp

25/09 U.S. oil refiners are starting to make progress towards eliminating excess stocks of middle distillates by restraining crude processing and switching equipment to maximise gasoline production.. . .  Full story

Japan's ANA mulls 200 bln yen share offer -Nikkei

25/09 Japan's biggest airline ANA Holdings is considering issuing 200 billion yen ($1.9 billion) in shares to bolster its finances as the downturn in air travel drags on, the Nikkei newspaper reported.. . .  Full story

Shell books tanker to load crude at Libya's Zueitina oil port

25/09 Royal Dutch Shell has provisionally booked a tanker to load a crude cargo at Libya's Zueitina terminal on Oct. 3, potentially the first since January at the recently reopened port.. . .  Full story

India's c.bank to hold rates as inflation rises, even in recession

25/09 The Reserve Bank of India will keep rates on hold until early next year in a delicate balancing act between curbing high inflation and lifting the economy from its worst recession on record, a. . .  Full story

Wall St Week Ahead-Trump-Biden debate could spark stock volatility

25/09 Some U.S. stocks could face more volatility next week as President Donald Trump and rival Joe Biden face off in their first debate ahead of a November election that betting services currently view as. . .  Full story

Israel becomes new obstacle for Sudan in quest to leave US terrorism list

25/09 Despite over a year of negotiations, Sudan is facing a fresh obstacle to its removal from a U.S. terrorism list that has hindered its economy: a demand that it normalize relations with Israel, three sources. . .  Full story

Chinese fintech Ant sidelines banks in distribution of funds targeting its IPO

25/09 As five Chinese mutual funds targeting Ant Group's hotly-anticipated IPO kicked off subscriptions on Friday, retail investors found the only non-direct channel through which to buy the products was online payment platform Alipay.. . .  Full story

Israel tightens second-wave lockdown as Netanyahu, critics argue over protest curbs

25/09 Israel was set to impose a tighter nationwide COVID-19 lockdown on Friday as critics accused Prime Minister Benjamin Netanyahu of trying to curb protests against his handling of the health and economic crises.. . .  Full story

Asia Distillates-Gasoil cash discounts widen amid mounting supplies

25/09 Asia's cash discounts for 10 ppm gasoil widened on Friday, hurt by subdued buying interest for physical cargoes amid abundant supplies available in the region. Cash differentials for 10 ppm. . .  Full story

Banks, IT lead rebound in Indian shares on fiscal stimulus hopes

25/09 Indian shares on Friday snapped their longest losing streak since February, boosted by financial and IT stocks, after a media report suggesting more domestic fiscal stimulus was on the way lifted sentiment.. . .  Full story

Trafigura proposes carbon levy on marine fuels to help meet decarbonisation targets

25/09 Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on shipping fuels to make zero and low carbon fuels more economically viable and competitive.. . .  Full story

EU's Vestager appeals court veto of $15 bln Apple tax order

25/09 EU antitrust chief Margrethe Vestager on Friday appealed a court ruling dismissing her order to iPhone maker Apple to pay 13 billion euros ($15 billion) in Irish back taxes, a landmark case in the. . .  Full story

Vietnam Jan-Sept FDI inflows drop 3.2% y/y to $13.76 bln - govt

25/09 Vietnam received $13.76 billion in foreign direct investment (FDI) in the first nine months of the year, down 3.2% from a year earlier, the Ministry of Planning and Investment said on Friday.. . .  Full story

Tech ETF outflows send a wake-up call after sizzling rally

25/09 Passive investors, the backbone of the Nasdaq's rally this year, seem to have lost their nerve, pulling massive amounts of cash in recent days from index-tracking technology funds in what many see as an. . .  Full story

South Africa to purchase 6,800 MW of solar, wind power, says energy minister

25/09 South Africa's Eskom will buy at least 6,800 megawatts of solar and wind power from independent power producers from 2022, energy minister Gwede Mantashe said on Friday in the government's online gazette.. . .  Full story

China's current account expected to show small surplus in 2020 - FX regulator

25/09 China's current account is expected to show a small surplus in 2020, the foreign exchange regulator said on Friday.. . .  Full story

India plans $4.6 bln in incentives for battery makers in electric vehicle push -document

25/09 India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to. . .  Full story

Thailand to set trade credit terms help smaller firms in pandemic

25/09 Thailand plans to set a rule that that trade credit must be paid within 30-45 days to help ease liquidity problems at businesses, particularly smaller companies, hit by the impact of the coronavirus pandemic,. . .  Full story

South Africa to purchase 6,800 MW of solar, wind power, says energy minister

25/09 South Africa's will buy at least 6,800 megawatts of solar and wind power from independent power producers from 2022, energy minister Gwede Mantashe said on Friday in the government's online gazette.. . .  Full story

Aboriginal group says Rio Tinto ignored pleas to save sacred cave from blast

25/09 Rio Tinto Ltd. ignored repeated requests from traditional owners for sacred Australian rockshelters to be protected in the months before the site was blasted during a mine expansion, an Indigenous group said on Friday.. . .  Full story

Forint firms against euro on deposit facility rate hike

25/09 The Hungarian forint firmed for a second straight session on Friday, after the central bank raised interest rate on its one-week deposit facility. The forint was up 0.32% at. . .  Full story

ECB's de Cos sees long road ahead to digital euro

25/09 The launch of a digital euro to complement cash is not imminent and the European Central Bank needs consult broadly and experiment rigorously before making any decision, ECB policymaker Pablo Hernández de Cos said. . .  Full story

Boohoo to tackle failings in Leicester supply chain

25/09 An independent review for fashion retailer Boohoo found many failings in its English supply chain after allegations about working conditions and low pay, the company said on Friday, setting out steps it was taking to. . .  Full story

Singapore's Aug factory output beats expectations on electronics boom

25/09 Singapore's industrial output in August rose 13.7% from a year earlier, surging past economists' expectations as electronics production rose at its fastest pace in nearly three years, official data showed on Friday.. . .  Full story