Sterling trims drop after BoE hike, China’s data sends dollar higher
TOKYO, May 11 (Reuters) - Sterling trimmed declines after the Bank of England raised interest rates for the 12th consecutive...
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Yellen warns US default would threaten global economy, undermine its leadership
US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
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...
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...
London stocks edge lower ahead of US inflation data; Melrose jumps
A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London,...
UK citizen extradited to US pleads guilty to 2020 Twitter hack
May 9 (Reuters) - A citizen of the United Kingdom who was extradited to New York from Spain last month...
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....
