Russia’s VTB in Europe changes name as it liquidates
The logo of VTB bank is seen on the bank's headquarters in Tehran, Iran, May 23, 2023. Majid Asgaripour/WANA (West...
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Fed’s Cook says geopolitical tensions could change US economic outlook
Dr. Lisa DeNell Cook, of Michigan, nominated to be a Member of the Board of Governors of the Federal Reserve...
BofA CEO Moynihan says US economy headed for soft landing
Bank of America Chairman and CEO Brian Moynihan testifies before a Senate Banking, Housing, and Urban Affairs hearing on "Annual Oversight of the Nation's Largest Banks", on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn Hockstein/ File Photo Acquire Licensing RightsNEW YORK, Nov 8 (Reuters) - Bank of America (BAC.N) CEO Brian Moynihan said on Wednesday he expects a soft landing for the U.S. economy as consumer spending and commercial borrowing slow."Our research team is the best in the business and they have moved to the soft landing category....
Bank of England considers ‘fundamental rules’ for clearing houses
A general view shows the Bank of England in London, Britain, September 21, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON,...
Investors turn risk-on for some junk debt but not all
Nov 7 (Reuters) - It's fear and greed in the fixed-income markets once again as traders bet the Federal Reserve is done raising interest rates, but aren't quite sure that it won't still break the U.S. economy. Case in point is the market for low-rated companies.In recent days, as it started to appear that the Fed rate- hiking cycle might have peaked, investors have shown more willingness to dip their toes back into junk-rated bonds.But they are going only as far as the safest bets in the junk category, bonds...
Growing Italy risk puts equities at deepest discount in 35 years
A view shows the Milan stock exchange building, as stocks slid in the first hours of trading after fears that...
Europe to issue launcher “challenge” in Seville space talks
A model of Europe's next-generation space rocket Ariane 6 is pictured at the German Aerospace Center (DLR) in Lampoldshausen near...
India’s Byju’s in talks to sell unit Epic for $400 mln to PE fund Joffre – Bloomberg News
People walk past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one...
European shares slip after strong week
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 24, 2023. REUTERS/Staff Acquire Licensing RightsEZ economy starts Q4 on back foot, stoking recession fears - PMITIM shares lose early shine after KKR grid dealEvotec at STOXX 600 bottom after RBC rating downgradePostNL slumps after Q3 miss, EBIT forecast cutSTOXX 600 slips 0.2%Nov 6 (Reuters) - European shares eased on Monday after the benchmark index posted its biggest weekly jump since March, with the real estate sector losing steam, while Ryanair jumped following...
EU asks Alibaba’s AliExpress for details on measures against illegal products
Shopping trolley is seen in front of AliExpress logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 6 (Reuters) - The European Commission on Monday ordered Alibaba's (9988.HK) AliExpress to provide information on how it tackles illegal products, such as counterfeit goods, sold on its platform by Nov. 27 or face an investigation that could result in fines.The EU executive said it had sent a request for information to AliExpress in line with newly adopted EU rules called the Digital Services Act (DSA), which requires...