Tuesday, 19 January 2021

Tag Archives: ECB

ECB concerned about Commerzbank strategy

FRANKFURT: Supervisors at the European Central Bank have conducted a special audit of Commerzbank’s  business plans until 2021 and discovered major weaknesses, a German newspaper reported on Friday. The Sueddeutsche Zeitung, citing unnamed supervisory sources, said the ECB was particularly concerned about the German lender’s business for corporate clients, an ...

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ECB to focus on bond-buying exit as threats mount

FRANKFURT: European Central Bank President Mario Draghi will press ahead with his exit from massive stimulus Thursday, analysts expect, playing down multiplying threats to economic good times in the eurozone. The list of potential pitfalls runs from a growing intra-EU row over the Italian budget to increasing risk of a ...

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Moeen Ali’s ‘Osama’ probe closed by cricket Australia

MELBOURNE: Cricket Australia (CA) on Monday closed an investigation into Moeen Ali’s complaint of being addressed as “Osama” by an Australian player during the 2015 Ashes series as no fresh details emerged during the inquiry. Moeen had made the claim in his autobiography earlier this month. “An Australian player turned ...

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Digital revolution has only small impact on inflation: ECB’s Weidmann

Reuters FRANKFURT: Rapid technological advances cut inflation only marginally and temporarily, Bundesbank President Jens Weidmann said, weighing in on one of the biggest debates in modern central banking. With much of the industrialised world struggling with anaemic inflation levels, some economists argue that rapid technological development keeps a lid on ...

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England’s Stokes acquitted of affray

BRISTOL: England cricketer Ben Stokes was found not guilty of affray in a unanimous decision by a jury in less than three hours of deliberations following a trial at Bristol Crown Court. The 27-year-old – whose co-defendant Ryan Ali was also found unanimously not guilty – had been charged following ...

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Stokes called up to England’s third Test squad

LONDON: Ben Stokes is in line to play in the third Test against India after being recalled to the squad following his acquittal on a charge of affray. The 27-year-old New Zealand-born all-rounder, who took six wickets in the first Test victory over India but missed the second Test due ...

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ECB adamant no final decision taken on Hundred format

LONDON: The England and Wales Cricket Board (ECB) has insisted no decisions on the exact format of its planned 100-ball competition will be taken until it has analysed the result of several trial matches in September. Tuesday saw Britain s Daily Telegraph report the ECB were considering allowing a substitute ...

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James Taylor appointed to England selector role

(AFP) LONDON: James Taylor has been appointed as an England selector, the England and Wales Cricket Board announced. Former England international Taylor was forced to retire due to a heart condition two years ago and he now completes a panel headed by national selector Ed Smith and also featuring England ...

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Woakes, Stokes ruled out of Australia ODIs

FILE PHOTO LONDON: England have confirmed allrounders Ben Stokes and Chris Woakes will miss the remainder of Australia’s Qantas Tour of the United Kingdom. The pair had been expected to recover from their respective injuries towards the back end of the five-match series, with England currently leading the ODI series ...

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European Stocks Edge Higher Before ECB

LONDON: Europe’s main stock markets rose Thursday on earnings news before the latest interest rate call from the European Central Bank. Frankfurt and London each nudged 0.2 percent higher and Paris rose 0.4 percent. With clouds gathering over the outlook for economic growth and inflation limping, ECB President Mario Draghi ...

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