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Exclusive: ECB looking at corporate bond buys, could move as soon as December - sources

Business News - 26 min 46 sec ago

FRANKFURT (Reuters) - The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December with a view to begin buying early next year, several sources familiar with the situation told Reuters. The ECB has already carried out work on such purchases, which would widen out the private-sector asset-buying program it began on Monday - stimulus it is deploying to try to foster lending to businesses and thereby support the euro zone economy. ...


Exclusive: ECB looking at corporate bond buys, could move as soon as December - sources

National News - 26 min 46 sec ago

FRANKFURT (Reuters) - The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December with a view to begin buying early next year, several sources familiar with the situation told Reuters. The ECB has already carried out work on such purchases, which would widen out the private-sector asset-buying program it began on Monday - stimulus it is deploying to try to foster lending to businesses and thereby support the euro zone economy. ...


Categories: National News

Air France KLM, Delta, Alitalia offer concessions to settle EU probe

Business News - 29 min 31 sec ago

BRUSSELS (Reuters) - Air France KLM , Delta Air Lines and Alitalia have offered to give up slots at three airports and made other concessions to settle a European Union antitrust investigation, the European Commission said on Tuesday. "The commitments are primarily aimed at enabling competing airlines to start operating or extend existing operations on the affected routes by lowering barriers to entry or expansion," the EU competition watchdog said in a statement. The carriers are also prepared to let rivals sell tickets on their flights and facilitate their access to connecting traffic. ...


Air France KLM, Delta, Alitalia offer concessions to settle EU probe

National News - 29 min 31 sec ago

BRUSSELS (Reuters) - Air France KLM , Delta Air Lines and Alitalia have offered to give up slots at three airports and made other concessions to settle a European Union antitrust investigation, the European Commission said on Tuesday. "The commitments are primarily aimed at enabling competing airlines to start operating or extend existing operations on the affected routes by lowering barriers to entry or expansion," the EU competition watchdog said in a statement. The carriers are also prepared to let rivals sell tickets on their flights and facilitate their access to connecting traffic. ...


Categories: National News

Designer Oscar de la Renta, beloved by first ladies, socialites and starlets, dead at 82

National News - 48 min 57 sec ago
NEW YORK, N.Y. - At his Fashion Week runway show in September, Oscar de la Renta sat in his usual spot: in a chair right inside the wings, where he could carefully inspect each model just as she was about to emerge in one of his sumptuous, impeccably constructed designs.
Categories: National News