Wednesday , 17 December 2025

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Ukraine central bank warns it needs IMF funds

KIEV / Reuters Ukraine’s central bank left its main interest rate at 17 percent, as expected, but warned that an improving outlook for inflation could be undermined if the International Monetary Fund delays in disbursing loans. Over the past six months, the bank has kept monetary policy tight to curb stubbornly high inflation linked to higher food and oil prices …

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Italian bank getting back on feet after $10bn bailout

Bloomberg Italian bank Monte dei Paschi di Siena is slowly turning a corner after last year’s 8 billion euro ($10 billion) bailout, its chief executive said, flagging an increase in both lending and client funding. Italy’s fourth-largest lender, laid low by mismanagement and a large bad loan pile, has long been Rome’s biggest banking headache and is now 68 percent …

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Emirates to exercise Airbus A380 options ‘sooner rather than later’

HAMBURG / Reuters Emirates will commit to purchasing options for 16 Airbus A380 jets from a previously announced $16 billion order that handed a lifeline to the slow-selling jet, the airline’s president said. The Middle East airline placed a provisional order for 20 of the double-decker superjumbos in January, which it has since finalised, with an option for 16 more. …

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