Bank of England considers clampdown on foreign bank branches- FT
(Reuters) -The Bank of England is looking at plans to force more international banks to set up subsidiaries in the UK, The Financial Times reported on Tuesday. The BOE is…
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(Reuters) -The Bank of England is looking at plans to force more international banks to set up subsidiaries in the UK, The Financial Times reported on Tuesday. The BOE is…
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday he wants the Mercosur trade bloc to advance in talks for deals with Canada, South Korea and…
By Amy Lv and Brenda Goh BEIJING/SHANGHAI (Reuters) -Companies caught out by China’s decision to restrict exports of two metals widely used in semiconductors and electric vehicles were racing to…
LONDON (Reuters) – Almost one in three female workers in Britain expect to stop working before reaching their retirement age with many citing health and well-being issues including the menopause,…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The most important Asian economic indicator from a pretty packed…
BRASILIA (Reuters) -The Brazilian Senate on Tuesday approved President Luiz Inacio Lula da Silva’s first picks for the independent central bank, an institution he has clashed with since taking office…
SAO PAULO (Reuters) – Chinese automaker BYD on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to…
(Reuters) – Twitter CEO Linda Yaccarino on Tuesday tweeted a defense of the temporary cap announced July 1 on the number of tweets users can read in a day, and…
By Natalie Grover LONDON (Reuters) -Oil prices climbed 2% on Tuesday as markets weighed August supply cuts by top exporters Saudi Arabia and Russia against a weak global economic outlook.…
DUBLIN (Reuters) – Ireland intends to increase core public expenditure by 6.1% next year in an overall budget package of 6.4 billion euros ($6.98 billion), according to its Summer Economic…
By Huw Jones and David Milliken LONDON (Reuters) – British banks should have to serve a customer even if they disagree with his or her lawful political views, and should…
By Echo Wang and Anirban Sen NEW YORK (Reuters) – China-founded online retailer Shein is working with at least three investment banks about a potential U.S. initial public offering, and…
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares were steady in thin trading on Tuesday, with a lack of fresh economic data from the region and uncertainty around the…
(Reuters) -The June 29 story on Shein has been withdrawn because it incorrectly stated that the China-founded online retailer had registered with U.S. regulators for an initial public offering. A…
MOSCOW (Reuters) – RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion roubles ($348 million) from Deutsche Bank and Commerzbank, Russian court…
By Joanna Plucinska and Tim Hepher FILTON, England (Reuters) – Airbus is stepping up testing of radical new wing technology as the planemaker lays the foundation for a future successor…
By Alexander Hübner MUNICH (Reuters) – Up to half of the 100 billion euro ($109 billion) special fund set up to modernize the German military will likely go to U.S.…
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the inflationary force of rising oil prices with hopes that central…
By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained on high alert for signs of Japanese intervention, but the…
By Fergal Smith TORONTO (Reuters) – Contraction in Canada’s manufacturing sector deepened slightly in June as an uncertain economic outlook weighed on both domestic and foreign demand, data showed on…
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday that the Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay wants its trade agreement with the European…
LONDON (Reuters) – British finance minister Jeremy Hunt gave his backing to the country’s financial regulator FCA to ensure banks are passing on better savings rates to consumers. “Increased interest…
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of gross domestic product (GDP) compared with 11.3% in the same…
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The world’s major central banks delivered in June the biggest number of monthly interest rate hikes year-to-date, surprising markets and flagging…
(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the United States and potentially causing more disruption to global supply…