China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is
2023-08-09 12:17
UK inflation to exceed BoE target for next 4 years: NIESR
By David Milliken LONDON The Bank of England will not succeed in returning inflation to its 2% target
2023-08-09 07:26
Italy seeks deal by end of year with Stellantis on car industry plan
MILAN (Reuters) -The Italian government aims to agree a broad plan to 2030 for the country's automotive industry with carmaker
2023-08-08 23:24
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
2023-08-08 21:20
Italy shocks banks with 40% windfall tax for 2023
By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy dealt a surprise blow to its banks and sent
2023-08-08 19:58
Rainy July hurts UK retailers: spending growth slowest in 11 months
LONDON British retailers suffered from heavy rain in July on top of the impact of high inflation with
2023-08-08 07:29
Profits for Brazil's Itau Unibanco up 14%, beat expectations
SAO PAULO (Reuters) -Brazilian lender Itau Unibanco reported a 14% increase in second-quarter net profit from a year earlier, beating
2023-08-08 06:56
Airlines take aim at Italy's plans to bring down sky-high prices
ROME A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at
2023-08-07 21:50
US banking starts to pick its battles against new capital rules
By Douglas Gillison, Nupur Anand and Tatiana Bautzer Now that regulators in Washington have unfurled a hefty reform
2023-08-07 18:25
Bain Capital's $551 million bid sends Estia Health shares to near 5-year high
By Rishav Chatterjee and Scott Murdoch Global private equity firm Bain Capital will pay A$838 million ($551.3 million)
2023-08-07 09:50
UK hiring falls at fastest pace in over three years, wage growth slows
By Suban Abdulla LONDON British employers reduced the number of new permanent staff they hired through recruitment agencies
2023-08-07 07:16
Silbert’s Crypto Empire DCG Faces NY Attorney General Probe Over Genesis Ties
Barry Silbert’s crypto empire, Digital Currency Group, is facing another probe into its financial dealings with subsidiary Genesis
2023-08-05 03:55