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Fed's Kashkari against rate hikes until 2023

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Minneapolis Fed President Neel Kashkari stated that he wants to keep the US CB short-term interest rate at zero at least until 2023 to allow the labour market to return to its pre-pandemic level.
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19 Jun 2021

EIG consortium closes $12.4B Aramco deal

The US-based EIG Global Energy Partners stated that its consortium closed a deal to buy 49% of the pipelines business of Saudi oil producer Aramco for $12.4B.

19 Jun 2021

Sitel Group to buy Sykes for $2.2B

The IT services provider Sykes Enterprises agreed to be bought by privately-owned Sitel Group in the $2.15B deal.

19 Jun 2021

HSBC to lose $2.3B with French bank sale

HSBC agreed to sell its French retail bank to Cerberus-backed My Money Group in the deal that will cause a loss of around $2.3B for the bank.