Fed’s Bowman backs ‘targeted’ bank rules reform but not ‘radical’ change
Federal Reserve Governor Michelle Bowman on Friday repeated her call for the U.S. central bank to hire an outside party…
Business
ECB eyes additional steps to tackle bank deposit risks
MILAN (Reuters) -The European Central Bank is considering whether requirements tailored for individual lenders could help address the risks arising…
Canada March retail sales down 1.4% on autos, seen up 0.2% in April
May 19 (Reuters) – Canadian retail sales fell by 1.4% in March from February at C$65.29 billion ($48.83 billion), on…
Global equity funds post outflows for fifth week in a row
(Reuters) – Global equity funds suffered outflows for a fifth straight week in the week to May 17, undermined by…
Japan’s Hitachi Astemo flags lapses in quality tests over decades
TOKYO (Reuters) – Japanese automotive supplier Hitachi Astemo said on Friday it found misconduct over testing and other procedures for…
Explainer-What are Russia’s options for managing its widening budget deficit?
By Darya Korsunskaya and Alexander Marrow (Reuters) – As Russia’s military spending soars and sanctions squeeze its energy revenues, Moscow…
FTC effort to stop Amgen’s Horizon takeover faces uphill fight
By Diane Bartz WASHINGTON (Reuters) – The Federal Trade Commission (FTC) faces an uphill battle in its fight against Amgen…
India’s forex reserves edge towards $600 billion, hit near 1-year high
MUMBAI (Reuters) – India’s foreign exchange reserves rose for a third consecutive week and stood at $599.53 billion for the…
Factbox-The paparazzi who pursue Harry and Meghan – what are the rules?
LONDON/NEW YORK (Reuters) – Britain’s Prince Harry and his wife Meghan were pursued by photographers in New York on Tuesday…
Column-Lithium slump puts China’s spot price under the spotlight: Andy Home
By Andy Home LONDON (Reuters) – High-flying lithium has come crashing back to earth. A super-charged two-year rally, which saw…