Banks tread tricky tightrope with politically exposed clients
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -The war of words between NatWest and erstwhile customer Nigel…
2023
US judge tightens Sam Bankman-Fried’s bail, will consider jailing him
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Wednesday tightened Sam Bankman-Fried’s bail conditions…
Marketmind: Soft landing swings into view
A look at the day ahead in European and global markets from Brigid Riley Is the most aggressive U.S. hiking…
Explainer-Russia and North Korea forge closer ties amid shared isolation
By Josh Smith SEOUL (Reuters) – Russia’s defence minister was photographed this week viewing banned North Korean ballistic missiles with…
China industrial profits extend double-digit slide on weak demand
BEIJING (Reuters) -China’s industrial profits extended this year’s double-digit pace of declines into a sixth month as waning demand took…
Macquarie flags lower quarterly profit as commodities arm flounders
By Harish Sridharan (Reuters) – Australian investment bank Macquarie Group on Thursday flagged a “substantial” fall in April-June profit, as…
Bud Light maker to lay off hundreds of US corporate staff after sales slump – CNN
(Reuters) – Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of…
India’s Jio Financial Services, BlackRock to launch asset management venture
MUMBAI (Reuters) -India’s Jio Financial Services, part of billionaire Mukesh Ambani led Reliance Group, and U.S.-based BlackRock Inc will form…
Bank of Korea tweaks lending facility to boost liquidity
SEOUL (Reuters) – South Korea’s central bank said on Thursday its monetary policy board decided to reform its standing lending…
BOJ to keep ultra-low rates, may debate fine-tuning yield cap
By Leika Kihara TOKYO (Reuters) – As aggressive U.S. interest rate hikes look like they might be nearing an end,…