Financial News

By Simon Jessop and Jan Strupczewski BRUSSELS – The European Commission will unveil on Wednesday a proposal to make large companies operating in the European Union check that their suppliers …

By Andrius Sytas VILNIUS – The European Union must impose sanctions on Russia immediately after it recognised two Ukrainian breakaway regions as independent, the governments of the Baltic states of …

By Kenneth Li, Julia Love and Helen Coster -Donald Trump’s new social media venture, Truth Social, launched late on Sunday in Apple’s App Store, potentially marking the former president’s return …

By Alexander Marrow MOSCOW -The rouble tanked on Monday, slipping past 80 against the dollar, while stocks plunged to their lowest in over a year as Russian President Vladimir Putin …

MEXICO CITY – Mexican annual inflation likely accelerated in the first half of February after slowing during the past eight weeks, a Reuters poll showed Monday, reinforcing expectations that the …

SAO PAULO -Executives of Itau Unibanco Holding SA wholesale unit Itau BBA said on Monday they expect Brazilian companies to issue more fixed income instruments this year and sell less …

By Noah Browning LONDON/HOUSTON -Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil prices near $100 …

By Huw Jones LONDON – Requiring regulators to keep the financial sector globally competitive following Brexit must not bring back the damaging booms and busts of the past, a senior …

By Huw Jones LONDON -The European Union’s 19 trillion euro ($21.6 trillion)investment funds industry is failing to exploit the bloc’s single market, saddling investors with high costs and opaque selling …

By Huw Jones LONDON – Britain should regulate sustainability ratings on companies to improve transparency, reduce the risk of greenwashing and protect investors, a regulatory research body said on Monday. …

By Lindsay Dunsmuir -Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half percentage point …

– It is too early to know if the Federal Reserve will need to start its tightening cycle at its next policy meeting in March with a half percentage point …

By Joice Alves LONDON -Global markets are already pricing chunky geopolitical risks, but there is scope for risk premia to rise further across all sectors, if a conflict breaks out …

By Ron Bousso and David French LONDON – Chevron is looking to sell its stakes in three oil and gas fields in Equatorial Guinea, hoping a recent rally in energy …

By Elena Fabrichnaya and Katya Golubkova MOSCOW – Russian banks increased their liquid assets held in foreign currencies by $8.5 billion in January to $53.5 billion, the central bank said …

MILAN -Italian payments group Nexi is in exclusive talks to buy the retailers’ payment business of BPER Banca, a person close to the matter said, confirming a report by Bloomberg …

By Jonathan Cable LONDON -The euro zone economic recovery regained momentum this month as an easing of coronavirus restrictions gave a boost to the bloc’s dominant service industry, a survey …

BRUSSELS -The main political grouping in the European Parliament called on Monday for a review of Switzerland’s banking practices and for the country’s possible inclusion in the EU’s dirty-money blacklist …

BEIJING – China Customs has warned consumers against buying and eating certain infant and baby products of Abbott Laboratories that were affected in a recent recall linked to a U.S. …

By Paul Lorgerie and Tiemoko Diallo BAMAKO – Mohamed Cisse used to employ hundreds of workers in Mali’s capital Bamako before economic sanctions last month shut borders and cut the …

BRUSSELS – The U.S.-European Union Trade and Technology Council, set up last year to mend strained transatlantic trade relations and help the allied democracies better compete with China, will meet …

By Michael Shields and Francois Murphy ZURICH/VIENNA – Credit Suisse was plunged into a dirty money scandal on Monday after media outlets reported the Swiss bank had managed accounts for …

By Isla Binnie MADRID – The European Union will consider whether to require member states to fill their natural gas storage to prescribed levels, a senior official said as the …

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF – A steep drop in hydrogen shares is likely to hit the valuation of Thyssenkrupp’s hydrogen unit Nucera, according to investor and financial …