By Makini Brice and Richard Cowan WASHINGTON (Reuters) – The U.S. Senate passed by a 71-19 vote a weeklong stopgap…
India rupee settlement mechanism draws interest from more nations
By Nikunj Ohri and Shivangi Acharya (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of…
Analysis: Deutsche Bank’s rollercoaster ride towards more stability
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – In 2019, Deutsche Bank set out on a journey to cut…
Marketmind: Hawk-eyed
A look at the day ahead in European and global markets from Ankur Banerjee Investors have hunkered down with their…
U.S. Senate passes record $858 billion defense act, sending bill to Biden
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense…
Capping rocky 2022, EU agrees more Russia sanctions, funds for Ukraine
By Sabine Siebold and Bart H. Meijer BRUSSELS (Reuters) -European Union leaders wrapped up their last summit of 2022 with…
Biden blacklists China’s YMTC, crackdowns on AI chip sector
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players…
Chinese firms avert delisting as U.S. audit watchdog gets full inspection access
By Chris Prentice, Xie Yu and Susan Heavey NEW YORK/HONG KONG/WASHINGTON (Reuters) -The U.S. accounting watchdog on Thursday said it…
Wall Street slumps as Fed heightens recession fears
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed sharply lower on Thursday, with each of the major…
Musk cashes out another $3.6 billion in Tesla stock
By Maria Ponnezhath and Hyunjoo Jin (Reuters) -Tesla boss Elon Musk disclosed another $3.6 billion in stock sales on Wednesday,…