Sterling holds gains as budget provides few shocks
LONDON, March 6 (Reuters) - The pound held onto slight gains against the dollar on Wednesday as traders digested Britain's...
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Zelenskiy met by Republican doubts in 11th hour push for US aid to fight Russia
WASHINGTON, Dec 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy faced a skeptical reception from key Republicans during a trip to Washington on Tuesday to seek more military support against Russia, but he won a pledge at the White House that the U.S. has his back.Republicans have been reluctant to sign off on a funding request from Democratic President Joe Biden under which Ukraine would receive $61.4 billion.House of Representatives Speaker Mike Johnson, a Republican, said after meeting with Zelenskiy that Biden's administration must provide more detail about how the money...
California high-speed rail faces challenges after US award
U.S. Transportation Secretary Pete Buttigieg speaks during an event in Baltimore, Maryland, U.S., January 30, 2023. REUTERS/Kevin Lamarque/File Photo Acquire...
UK plans higher liquidity requirements for money market funds
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
Yellen says U.S. would be ‘responsible for Ukraine’s defeat’ if aid fails in Congress
Ukraine's President Volodymyr Zelenskiy welcomes U.S. Treasury Secretary Janet Yellen, amid Russia's attack on Ukraine, in Kyiv, Ukraine February 27,...
Zelenskiy cancels plan to address US lawmakers, fate of aid in balance
U.S. House Speaker Mike Johnson (R-LA) speaks during a press conference on Capitol Hill in Washington, U.S., November 14, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - Ukrainian President Volodymyr Zelenskiy canceled plans to appeal directly to U.S. lawmakers for new aid on Tuesday, as a partisan battle over immigration policy threatened to derail President Joe Biden's request for billions of dollars for Kyiv's fight against Russia.Republicans and Biden's fellow Democrats in the Senate and House of Representatives have been debating for weeks over Biden's October request...
Italy has no intention of backing EU budget rules it cannot meet, FinMin says
Italy's Minister of Economy and Finance Giancarlo Giorgetti delivers a speech at the G7 High-Level Corporate Governance Roundtable in Niigata...
Swiss Banque Pictet pays $123 mln for helping clients evade US taxes
The word "taxes" is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - Swiss private bank Banque Pictet has admitted to helping U.S. taxpayers hide more than $5.6 billion from the Internal Revenue Service (IRS) and has entered into a deferred prosecution agreement with the Justice Department, federal prosecutors said on Monday.According to prosecutors, U.S. taxpayers with Pictet accounts in Switzerland and elsewhere evaded about $50.6 million in taxes between...
German economy minister cancels Middle East trip for budget talks
German Economy and Climate Minister Robert Habeck attends a session of the German lower house of parliament Bundestag in Berlin,...
EU-Mercosur deal’s future up to new Argentina government, sources say
Argentine president-elect Javier Milei addresses supporters after winning Argentina's runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBRASILIA, Dec 2 (Reuters) - The European Union and Mercosur will not be able to close their free trade negotiations next week because Argentina's incoming government has to approve the outstanding issues, Brazilian officials and diplomats said on Saturday."Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said.A European...