Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
China's use of yuan to buy Russian commodities surges since Ukraine warSpeeds China's quest to internationalise yuan, but still long...
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For Chinese buyers of Russian crude, middlemen ease the way
SINGAPORE, May 11 (Reuters) - For Chinese independent refiners who have been avid buyers of cheap Russian crude in the...
Bank of America opens Luxembourg branch in Europe funds push
LONDON, May 10 (Reuters) - Bank of America (BAC.N) has hired former BNP Paribas banker Benoit Nevouet to be the...
U.S. prosecutors look at short selling in bank shares – source
NEW YORK, May 10 (Reuters) - Federal prosecutors in Washington are looking into short seller activity around the recent volatility...
Embattled US Rep George Santos arrested on fraud, money laundering charges
NEW YORK, May 10 (Reuters) - U.S. Representative George Santos was arrested on Wednesday on federal charges of fraud, money...
Oil recoups losses on plans for SPR refill, higher seasonal demand
TOKYO, May 9 (Reuters) - Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the...
EU plans tough ‘value for money’ rules for investment products – draft document
LONDON, May 9 (Reuters) - Banks, insurers and asset managers in the European Union would only be allowed to sell...
Stocks slide on Chinese data, US debt ceiling worries hit T-bills
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023....
EU’s China envoy says consultancy crackdown, anti-spy law worrying for business
BEIJING, May 9 (Reuters) - The European Union's ambassador to China said on Tuesday that a broadening of Beijing's anti-espionage...
Two European funds call on J-Power to disclose emissions reduction goals
TOKYO, May 9 (Reuters) - Two major European asset managers have jointly filed a shareholder resolution at Japanese electricity generator...
