By Dmitry Zhdannikov DAVOS (Reuters) – Saudi Arabia is finalising the extension of the kingdoms $3 billion deposit to Pakistan, Saudi Minister of Finance Mohammed al-Jadaan told Reuters.
BUDAPEST (Reuters) – The EU‘s proposed new sanctions including an oil embargo against Russia should not be discussed at next week’s summit of EU leaders, Hungarian Prime Minister Viktor Orban wrote to the President of the European Council in a letter.
By Huw Jones LONDON (Reuters) – Relocating clearing of euro derivatives from London must find a “workable balance” that avoids business going to the United States or elsewhere rather than the European Union, the blocs securities watchdog said on Tuesday.
(Reuters) – The number of births in the United States grew 1% in 2021 from a pandemic-related low in 2020, marking the first increase since 2014, according to a report by the U.S. Centers for Disease Control and Prevention (CDC).
DAVOS, Switzerland (Reuters) – Saudi Arabia does not expect an immediate shortage of oil and only a certain shortage of oil products, the countrys foreign minister Prince Faisal bin Farhan Al Saud said on Tuesday when asked why Riyadh has rebuffed U.S. calls to raise production.
Although the Forex market is the most liquid of all asset classes, there are periods whereby volatility is constant, and others subdued. Understanding these different Forex session times can improve the reliability of a Forex trading strategy. In this article, we will explore each of these Forex market sessions including their key characteristics – Forex time zones and how they affect trading.
By Sabine Siebold DAVOS, Switzerland (Reuters) – European Commission chief Ursula von der Leyen on Tuesday called for talks with Moscow on unlocking wheat exports that are trapped in Ukraine as a result of a Russian sea blockade.
By Daniel Wiessner (Reuters) – A California state judge has rejected Tesla Inc‘s bid to send a lawsuit alleging widespread sexual harassment at the company’s flagship assembly plant to private arbitration, allowing it to move forward in court.
By Pete Schroeder WASHINGTON (Reuters) – U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion, as larger firms grew their loan loss provisions in response to heightened economic and geopolitical uncertainty, the Federal Deposit Insurance Corporation reported Tuesday.
DUBAI (Reuters) – Iraqi Kurdish Prime Minister Masrour Barzani said on Tuesday that the semi-autonomous region rejected a federal court ruling on its oil and gas activities as “political” and not constitutional.
BRUSSELS (Reuters) – EU antitrust regulators are set to approve without conditions U.S. business software maker Oracle Corps $28.3 billion acquisition of U.S. healthcare IT company Cerner Corp, people familiar with the matter said on Tuesday.
By Caroline Pailliez OTTMARSHEIM, France (Reuters) – When its employees started leaving in droves for better-paying jobs across the border in Switzerland, family-run French window maker Fligitter knew it needed to do something to retain staff.
MILAN (Reuters) – Italy‘s Exor has appointed Hermes CEO Axel Dumas as a non-executive board member, the Agnelli family’s holding company said on Tuesday, in a move marking its latest step in the luxury space.
By Francesco Guarascio and Jan Strupczewski
WASHINGTON (Reuters) – U.S. business activity slowed moderately in May as higher prices cooled demand for services while renewed supply constraints because of COVID-19 lockdowns in China and the ongoing conflict in Ukraine hampered production at factories.
By Emma-Victoria Farr and Ilona Wissenbach
BERLIN (Reuters) – German Finance Minister Christian Lindner said on Tuesday it was impossible to say how much it would cost to rebuild Ukraine as long as fighting with Russia continues, amid European Union discussions on how to fund further aid for Kyiv.
By Nick Carey LONDON (Reuters) – Electric vehicle (EV) battery startup Britishvolt said on Tuesday it will buy German battery cell developer and manufacturer EAS from Bulgarias Monbat for 36 million euros ($38.6 million) to help it scale up its own production.
PARIS (Reuters) – A global digital tax deal might not be ready until the end 2023 or early 2024, French Finance Minister Bruno Le Maire said on Tuesday, flagging a big delay to the reforms implementation.
By Alexandra Valencia QUITO (Reuters) – Ecuadorean President Guillermo Lassos efforts to combat insecurity and economic problems amid rising violence and fierce legislative opposition are falling short, putting at risk foreign investment, according to analysts and residents.
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