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Currencies

Exclusive: Russian banker Kostin says the end of U.S. dollar dominance is nigh

Russian Rouble and U.S. Dollar banknotes are seen in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/IllustrationTop banker: This is 'hot war' not Cold WarKostin: Dollar use will be hurt by West's sanctionsKostin: China moving towards removing currency restrictionsKostin: Record VTB profit this yearKostin: VTB to sell one of biggest grain tradersMOSCOW, June 9 (Reuters) - The end of the dominance of the U.S. dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West's failed attempt to bring Russia to...
Banking

European shares steady as rate jitters weigh, firm pound drags FTSE 100 down

Euro zone saw winter recession, more challenges aheadEvotec tops STOXX 600 after Citigroup upgradeTelecoms dragged by Vodafone sharesSTOXX 600 flat, FTSE 100 down 0.3%June 8 (Reuters) - European shares were subdued on Thursday as rate-sensitive technology shares and consumer staples slipped on expectations of further interest rate hikes by major central banks, while a sharp slide in Vodafone shares weighed on the telecoms sector.The pan-European STOXX 600 index (.STOXX) was flat, with the rate-sensitive technology sector (.SX8P) down 0.3%.Britain's FTSE 100 (.FTSE) led losses among regional peers, with export-heavy consumer...
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