By Nidhi Verma and Arunima Kumar BENGALURU, India (Reuters) -Europe will no longer set the reference price for Russia’s flagship…
Russia’s Jan budget deficit widens as energy revenues slump
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Slumping energy revenues and soaring expenditure pushed Russia’s federal budget to a…
Exclusive-Credit Suisse markets CSFB as ‘super boutique’, sees revenue rebound
By Paritosh Bansal (Reuters) – Credit Suisse Group AG is marketing its First Boston investment banking unit to investors as…
What is Bank of England watching as it considers peak in rates?
By Andy Bruce MANCHESTER, England (Reuters) – The Bank of England has signalled the tide is turning in its battle…
Putin approves sale of Mercedes-Benz Russian finance arm
MOSCOW (Reuters) – Russian President Vladimir Putin on Monday approved the sale of Mercedes-Benz’s local financial services division to Russian…
Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week…
Analysis-Renault cuts Nissan stake, shedding conglomerate discount may be tougher
By Gilles Guillaume and David Dolan LONDON/TOKYO (Reuters) – Renault SA has taken big steps to simplify its complicated alliance…
Germany to drag on European growth this decade – Scope ratings agency
BERLIN (Reuters) – Germany will act as a drag on growth in Europe until at least 2030, as it faces…
Russia central bank to adopt hawkish tone, keep rate at 7.5% this week: Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest…
From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their decades-long…