Bloomberg European Central Bank policy maker Benoit Coeure signalled that officials are close to starting talks on altering their policy language as they prepare for the eventual end of bond purchases. “Our communication on monetary policy will change” Coeure told reporters on in Skopje, Macedonia. “Certainly the expectation is that this will be discussed in early 2018.” The ECB is ...

Bloomberg Fewer than half the world’s biggest banks are doing enough to forestall climate change that poses risks to their markets and economies. Most lenders still aren’t producing firm targets for low-carbon financial products that will aid efforts to keep temperatures from rising, according to a survey of 59 banks conducted by Boston Common Asset Management LLC. Even the strongest ...

KUWAIT / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, announced the UAE’s offer to provide deve- lopment aid worth $500 million, to assist international efforts to reconstruct Iraq. During his speech as head of the UAE delegation at the ‘Kuwait International Conference for the Reconstruction of Iraq,’ he explained that the support includes $250 million ...