by admin | Oct 17, 2024 | Market Update and News
Oct 17 (Reuters) – Paints and coatings maker PPG Industries (PPG.N), opens new tab said on Thursday it would lay off 1,800 employees in the United States and Europe and close various facilities as part of its cost-reduction program.
by admin | Oct 17, 2024 | Market Update and News
LONDON, Oct 17 (Reuters) – The London Metal Exchange (LME) has taken disciplinary action regarding the risk management systems of ABN AMRO Clearing Bank NV, which has agreed to pay a fine of 230,000 pounds ($299,200), the exchange said on Thursday.
by admin | Oct 17, 2024 | Market Update and News
The bank failed an LME audit of its surveillance systems in 2020 and an investigation found that ABN AMRO did not have adequate processes to identify potential market abuse during January 2018 and November 2020, the LME said in a statement.
by admin | Oct 17, 2024 | Market Update and News
Oct 17 (Reuters) – The European Central Bank cut interest rates for the third time this year on Thursday, pointing out that inflation in the euro zone is now increasingly under control and the economic outlook has worsened.
by admin | Oct 17, 2024 | Market Update and News
WASHINGTON, Oct 17 (Reuters) – U.S. Treasury Secretary Janet Yellen will say on Thursday that walling off the U.S. economy as proposed by Republican presidential candidate Donald Trump would be “deeply misguided,” raising prices for American...
