Dollar shakes off weakness after investors rethink Fed outlook
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 15...
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German economy, auto sector face risks from exposure to China, fund manager says
A view shows the flags of China and Germany at a booth of a German automaker at the Auto Shanghai...
Turkey’s crypto rules seen addressing licensing, taxation after boom
Crypto asset regulation expected in 2024Platform licensing and taxation seen as focusTurkey seeking to shed FATF grey-list statusCrypto booming amidst...
US renews waiver letting Iraq pay Iran for electricity
A man works on an electrical generator board during power outages in Basra, Iraq August 21, 2021. Picture taken August 21, 2021. REUTERS/Essam al-Sudani/File Photo Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - The United States has issued a new 120-day waiver allowing Iraq to pay Iran for electricity, U.S. officials said on Tuesday, stressing Tehran could only use the funds for humanitarian trade and seeking to blunt criticism of giving Iran the money.U.S. officials said the waiver was identical to one in July that for the first time allowed Iraq...
European air fares ‘rising way above inflation’, ACI Europe says
Passengers look at a screen at Berlin Brandenburg Airport (BER), in Schoenefeld near Berlin, Germany, July 7, 2022. REUTERS/Michele Tantussi/File...
Focus: UniCredit CEO Orcel’s ‘bank of Europe’ ambition tough to realise
Shares have risen 190% since CEO took overDiscount to book value more than halvedStrong currency for M&A but deals hard...
EU foreign policy chief Borrell makes proposals for post-war Gaza
The EU High Representative for Foreign Affairs and Security Policy Josep Borrell speaks next to Spain's Minister of Defence Margarita...
New Slovak government eyes tax, spending hikes, slow deficit reduction
Slovakia's newly appointed Prime Minister Robert Fico attends the new cabinet's inauguration, at the Presidential Palace in Bratislava, Slovakia, October...
Britain’s Global Investment Summit draws top banking bosses
JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S....
Wall Street tortoise overtakes Chinese hare
ORLANDO, Florida, Nov 10 (Reuters) - For long-term investors, the famous 'tortoise and the hare' fable is a useful reminder that the stock, sector or country racing ahead today may not be the winner tomorrow.This has been true of the performance of Chinese stocks vis-à-vis Wall Street at nearly every juncture over the past 30 years, perhaps surprisingly, given China's surge to global economic and financial powerhouse status in that time.With economic, trade, and geopolitical relations between the two superpowers at their lowest ebb in decades, investors are more attuned...