By Huw Jones LONDON (Reuters) -Forcing banks across the European Union to offer instant payments in euros is a “seismic”…
Russia bans dealing in capital of 45 foreign-owned banks or banking units
MOSCOW (Reuters) – Russia on Wednesday banned dealings in the shares or share capital of 45 banks or banking units,…
IMF chief expects UK PM Sunak’s government to stick to fiscal discipline
By Christian Kraemer BERLIN (Reuters) – IMF chief Kristalina Georgieva said on Wednesday she expects new Prime Minister Rishi Sunak…
Kremlin says it may transfer assets in annexed Ukrainian regions to Russian companies
MOSCOW (Reuters) – The Kremlin on Wednesday said that assets in the four Ukrainian regions that Russia said it had…
Young Greeks priced out as inflation, rents soar
By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Like many young Greeks trying to live within their means, Christina…
Google agrees to compliance reforms to prevent search warrant data loss
By David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department said on Tuesday it had reached an agreement with Alphabet Inc’s…
Mercedes-Benz to quit Russian market, sell shares to local investor
BERLIN/MOSCOW (Reuters) – Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial…
Former president of China Merchants Bank arrested over suspected bribes – state media
BEIJING (Reuters) – China’s top prosecutor has decided to arrest Tian Huiyu, a former president of China Merchants Bank, on…
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a…
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) – British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his…