The Danish central bank, also known as Danish Nationalbank, is

Fed faces new trade-offs, hunts for new model, in low-rate world

By Howard Schneider and Ann Saphir SAN DIEGO (Reuters) – An unprecedented combination of low U.S. unemployment, weak inflation and low interest rates has the U.S. Federal Reserve grappling with how to fight the next recession, as experts debate new approaches to financial regulation as well as a fuller overhaul of Fed strategy. At a […]

Aston Martin to temporarily shut UK manufacturing facilities

(Reuters) – British luxury carmaker Aston Martin <AML.L> said on Tuesday it would suspend production at its UK manufacturing facilities starting Wednesday until April 20 to cope with the coronavirus pandemic, which has hurt demand for its cars. The company, famed for being fictional agent James Bond’s car of choice, said that the outbreak has […]

Bankers meet with Trump, say prepared to help economy

WASHINGTON (Reuters) – Leading U.S. bank executives in a meeting with President Donald Trump at the White House said banks are strongly capitalized and prepared to help small businesses and American consumers weather the coronavirus outbreak. The chief executives of Bank of America, Goldman Sachs, Citi, JPMorgan Chase and others said banks are in good […]