MOSCOW (Reuters) – Russia spoke in favour of extending the Black Sea grain deal at this week’s G20 summit in…
ECB promises “prudent” balance sheet cut as stability risks rise
FRANKFURT (Reuters) -Risks to the euro zone’s financial stability are on the rise as the economy heads for a likely…
Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce…
Energy firms’ derivatives are financial stability risk, says ECB
By John O’Donnell and Balazs Koranyi FRANKFURT (Reuters) -Energy companies’ use of derivatives poses a wider financial risk, the European…
UK lenders seek more data as consumers squeezed, Experian says
By Pushkala Aripaka (Reuters) – Britain’s lenders are seeking more data on the finances of potential and existing customers as…
Bank-fintech ventures benefit consumers, enhance competition: U.S. Treasury
By Hannah Lang WASHINGTON (Reuters) – Partnerships between banks and financial technology companies are a net-positive for consumers when done…
Burger King parent taps ex-Domino’s CEO as executive chairman
By Hilary Russ NEW YORK (Reuters) – Burger King parent company Restaurant Brands International Inc on Wednesday said it appointed…
UK’s Sunak expresses optimism on U.S. economic ties without talking trade deal
NUSA DUA, Indonesia (Reuters) -British Prime Minister Rishi Sunak expressed optimism on Wednesday that Britain and the United States could…
UK house prices rise 9.5% y/y in September
(Reuters) – British house prices increased by 9.5% year-on-year in September, the Office for National Statistics (ONS) said on Wednesday.…
ECB must keep inflation fight as top priority, de Guindos says
FRANKFURT (Reuters) – The European Central Bank must prioritize its fight against high inflation because that will in turn improve…