China to cut banks’ FX reserve ratio to rein in yuan weakness
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason...
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Some UK banks improving interest rates for savers, says watchdog
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
UK financial data market escapes competition probe for now
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
US offers $12 billion to auto makers, suppliers for advanced vehicles
U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O'Hare/File Photo Acquire Licensing RightsWASHINGTON, Aug 31 (Reuters) - The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday."While we transition to EVs, we want to ensure that workers can transition...
US consumer spending accelerates; declining savings a red flag
Consumer spending increases 0.8% in JulyPersonal income gains 0.2%; savings rate falls to 3.5%Core PCE price index rises 0.2%; up...
TSX up for fifth day, pot stocks lift healthcare
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada...
Euro jumps on inflation while dollar braces for jobs
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSINGAPORE, Aug...
Italy offers digital euro expert Cipollone for ECB post
Piero Cipollone, deputy governor of the Bank of Italy, poses in Rome, Italy, 2015, in this handout picture. Banca d'Italia's...
Fed can stop hiking rates if economy slows at current pace, Rosengren says
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAug 30 (Reuters) -...
EU to prepare ground for sanctions on Niger coup leaders – Borrell
The EU High Representative for Foreign Affairs and Security Policy Josep Borrell speaks next to Spain's Minister of Defence Margarita Robles (not pictured) at a press conference during the informal EU ministerial meeting on defence in Toledo, Spain August 30, 2023. REUTERS/Isabel Infantes/File Photo Acquire Licensing RightsTOLEDO, Spain, Aug 30 (Reuters) - The European Union is moving ahead with the legal groundwork to impose sanctions on members of a junta that seized power in Niger last month, EU foreign policy chief Josep Borrell said on Wednesday.In deciding on sanctions, the...