Explainer-China UnionPay, Russia’s potential payments backstop
By Selena Li HONG KONG – Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir,…
By Selena Li HONG KONG – Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir,…
LONDON -A derivatives panel has ruled on Wednesday that Russia could be in default after it failed to make a payment due on April 4 in U.S. dollars on two…
MANILA – The Philippines has the potential to install 21 gigawatt of offshore wind power by 2040, equivalent to about a fifth of its electricity supply by then, according to…
SCRANTON – With the deadline for filing federal individual income tax returns rapidly approaching, the U.S. Attorney’s Office for the Middle District of Pennsylvania, and the Philadelphia Field Office, IRS…
LONDON – The EMEA Credit Derivatives Determinations Committee (CDDC) on Tuesday accepted a request to address the question of whether a potential failure to pay occurred on Russia’s hard-currency bonds,…
LONDON -The EMEA Credit Derivatives Determinations Committee (CDDC) has been asked on Monday whether a potential failure to pay occurred on Russia’s hard-currency bonds, possibly bringing payout on billions of…
LONDON – OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be…
Kristi Noem Attempts To Broaden Support In Major Speech Ahead Of Potential 2024 Run Sebastian Hughes on April 7, 2022 South Dakota Gov. Kristi Noem laid out her vision for…
WASHINGTON – The U.S. Federal Deposit Insurance Corporation (FDIC) on Thursday said the thousands of banks it supervises should notify the regulator of any crypto-related activities they have or are…
– A form of digital currency that is designed to have a stable price and is generally linked to a mainstream currency or something such as gold could prove beneficial…
– The Kremlin on Tuesday rejected U.S. warnings that it may be preparing to conduct cyber attacks in response to Western sanctions, and said it did not engage in “banditry”.…
– Pfizer Inc said on Monday it was recalling some lots of blood pressure drug Accuretic and two authorized cheaper versions of the drug due to the presence of elevated…
Iran Frees Detained British Nationals As Potential Iran Nuclear Deal Resurrection Looms Sebastian Hughes on March 16, 2022 Two British-Iranians who spent years detained in Iranian custody have been allowed…
– There is a possibility of replacing Petrobras’ chief executive, Brazil’s President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company’s pricing policy. In an interview…
Potential Zelenskyy-Putin Meeting Discussed By Top Officials Sebastian Hughes on March 10, 2022 Ukrainian Minister of Foreign Affairs Dmytro Kuleba and his Russian counterpart Sergei Lavrov spoke on Thursday about…
LONDON – JPMorgan, which runs the most widely used emerging market bond indexes, is polling investors over the potential exclusion of Russia’s local and hard currency debt from its benchmarks.…
Texas officials are investigating parents of “transgender adolescents” for possible child abuse related to medical treatments such as puberty blockers and sex change surgeries, The New York Times reported. The…
By David Lawder CHICAGO -The United States will address potential gaps in tough sanctions imposed on Russia over its invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday,…
– Russian President Vladimir Putin said at the weekend that his nation’s nuclear forces should be put on high alert, raising fears that Russia’s invasion of Ukraine could lead to…
BANGKOK – Thailand’s cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract “high potential” foreigners to help boost the economy, the finance…
By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it…
MILAN – Italy’s Banco BPM has not received any information about a possible bid from bigger rival UniCredit, a source close to the bank said on Friday. Shares in Banco…
By Nandita Bose and Andrea Shalal WASHINGTON -U.S. President Joe Biden said on Thursday he had done a thorough check on about four potential nominees for the Supreme Court and…
DUBAI – Dubai-listed investment bank SHUAA Capital said on Tuesday it has filed a registration statement with the U.S. Securities and Exchange Commission for the launch of a $100 million…
NEWARK, NJ – Newark Public Safety Director Brian A. O’Hara requests the public’s help in identifying the below-pictured male in connection with a burglary and theft from an automobile that…