Britain’s banks seek government roadmap to tokenise stocks and bonds
By Huw Jones LONDON (Reuters) – Britain’s role as a leading financial centre is at stake unless it comes up…
Europe
Striking Los Angeles hotel staffers return to work, more walkouts threatened
By Steve Gorman LOS ANGELES (Reuters) – Thousands of Los Angeles-area hotel staffers returned to work on Wednesday from a…
PwC Australia ties Google to tax leak scandal, sources say
By Lewis Jackson SYDNEY (Reuters) -PwC Australia provided Google confidential information about the start date of a new tax law…
US crude oil gains on supply cuts, focus shifts to holiday demand
By Shariq Khan BENGALURU (Reuters) – U.S. crude oil gained about 3% on Wednesday, narrowing the price gap with global…
Shares fall after little Fed surprise, China data and trade in focus
By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) – MSCI’s global equities index lost ground on Wednesday after weaker-than-expected…
Why a $1.5 trillion source of corporate financing is choking on higher rates
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – A financial stream that helped fund the world’s riskiest companies and…
Cyber insurance rates drop 10% in June -report
LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate…
U.S. Big Tech says it meets EU gatekeeper status, TikTok criticises label
By Foo Yun Chee BRUSSELS (Reuters) -Seven companies including Amazon, Apple, Google, Facebook-owner Meta and Microsoft say they meet the…
Britain to set up real-time bond and stock trading record
By Huw Jones LONDON (Reuters) -Britain’s financial watchdog proposed a real-time record of stock and bond prices on Wednesday to…
Swedish PM says Vilnius summit natural time for NATO bid finale
(Reuters) – Swedish Prime Minister Ulf Kristersson said on Wednesday after meeting U.S. President Joe Biden that the two leaders…