By Davide Barbuscia DUBAI (Reuters) – The International Monetary Fund estimates that Kuwait’s financing needs will amount to some $180 billion over the next six years given the Gulf state’s “modest” fiscal measures and expectations of lower oil prices. Kuwait said earlier this month it expects a budget deficit of 9.2 billion dinars ($30.31 billion) […]
LONDON (Reuters) – Lloyds Banking Group Pensions Trustees limited said on Wednesday it had agreed a 10 billion pounds ($13.14 billion) pension insurance deal to protect against the cost of its members living longer than expected. The insurance and reinsurance deal, agreed with Scottish Widows Limited and Pacific Life Re Limited, covers Lloyds Bank Pension […]
By Swati Pandey SYDNEY (Reuters) – Australian retailers suffered their worst month in nearly 2-1/2 years in December as shoppers were discouraged by bushfires that blazed along the country’s southeast though spending during the quarter was surprisingly stronger. While exporters also enjoyed a solid end to 2019, the welcome news was tempered by a warning […]
