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Members of the European Council speak as they attend the European Union leaders summit, in Brussels, Belgium October 26, 2023. REUTERS/Yves Herman Acquire Licensing RightsBRUSSELS, Oct 26 (Reuters) - From supporting Ukraine to boosting military might and managing migration, European Union leaders channelled diverging priorities on Thursday as they started debating where to put more money from their shared budget in the next four years.The EU is due to decide in December on a revision of its 2021-27 budget worth 1.1 trillion euros ($1.2 trln), which is already strained by...

An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Oct 25 (Reuters) - The U.S. Federal Reserve on Wednesday proposed slashing by nearly a third the amount of so-called "swipe fees" banks can charge merchants for processing debit-card transactions, setting up a pitched battle between the two industries over potentially billions of dollars in revenue.Citing data that showed the costs of processing such transactions had fallen by roughly half in recent years, the Fed proposed cutting the current cap...

A view of the British capital's twin financial powerhouse, the City of London and Canary Wharf, in London, Britain March 19, 2023. REUTERS/Yann Tessier/File Photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - Brookfield (BN.TO), through its affiliate Brookfield Reinsurance (BNRE.N), is weighing entering Britain's burgeoning pension insurance industry and is open to an acquisition to bolster growth, three people familiar with the matter told Reuters. The company is scanning the market for potential deals to access the bulk annuities space, where possible targets could include companies like Just Group (JUSTJ.L)...