UBS, Credit Suisse face wider US probe over Russia sanctions -Bloomberg News
Logos of Swiss banks UBS and Credit Suisse are seen on an office building in Zurich, Switzerland March 19, 2023....
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Reforms could boost World Bank lending to developing countries by nearly $190 bln -study
The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary...
Analysis: Europe heads more comfortably into winter without Russia’s Nord Stream gas
Europe has increased alternative supplies, cut demandEU energy chief says Russia has lost power over pricingAnalysts say German economy still...
Banks in EU largely comply with ‘Basel Endgame’, says watchdog
LONDON, Sept 26 (Reuters) - Banks in the European Union already largely meet stricter global capital requirements ahead of a...
Analysis: Inflation, budget risks await Polish vote winner
Risk of inconclusive Oct. 15 election loomsLarge rate cut ahead of ballot raises inflation risksEconomy strong, but medium-term fiscal pressures risingWARSAW, Sept 25 (Reuters) - Less than three weeks ahead of Poland's hotly contested general election, Warsaw pensioner Jadwiga Buczek is feeling better about a cost of living crisis which, for the past two years, has hit central Europeans harder than most."Let me tell you, there was a time when I couldn't even afford to buy salmon, for example. And now I'll go and buy myself a piece of salmon...
Britain, EU to hold first meeting of financial services forum next month
LONDON, Sept 25 (Reuters) - The newly-agreed forum for regulatory cooperation between Britain and the European Union will hold its...
Euro zone firms finally absorbing wage pressures -ECB’s Lane
European Central Bank chief economist Philip Lane speaks during a lecture at the University of Cyprus in Nicosia, Cyprus April...
Trading platform Aquis sees earnings boost from EU share price feed plans
A view of the City of London and Canary Wharf, Britain March 19, 2023. REUTERS/Yann Tessier/File Photo Acquire Licensing RightsLONDON,...
EU court says $748 million Belgian tax scheme is illegal state aid
BRUSSELS, Sept 20 (Reuters) - European Union's second-top court on Wednesday backed an EU competition regulator's decision against a 700-million-euro ($748 million) Belgian tax scheme for 55 multinationals, in a major win for EU antitrust chief's crackdown on sweetheart tax deals.The Luxembourg-based General Court had in 2019 annulled Margrethe Vestager's decision after Belgium and about 30 of the companies challenged it.Beneficiaries of the Belgian scheme that dated from 2005 included U.S. manufacturer Magnetrol, oil company BP (BP.L), chemical producer BASF (BASFn.DE), Wabco, Cellio, Atlas Copco (ATCOa.ST) and Belgacom, now Proximus...
UK pay deals lose more steam as Bank of England meets on rates
A general view of the Bank of England (BoE) building, the BoE confirmed to raise interest rates to 1.75%, in...
