
US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday agreed to hear a challenge by
2023-08-11 04:16

'BRICS bank' looks to local currencies as Russia sanctions bite
By Rachel Savage and Brenda Goh JOHANNESBURG/SHANGHAI Hobbled by the impact of sanctions against founding shareholder Russia, the
2023-08-10 22:17

Analysis-Moody's warning on US banks a wake-up call for sanguine investors
By Saqib Iqbal Ahmed and Nupur Anand NEW YORK The slide in U.S. bank stocks this week appeared
2023-08-10 18:30

Indian cenbank seeks greater transparency in interest rates of floating rate retail loans
MUMBAI The Reserve Bank of India (RBI) on Thursday said it will put in place a framework to
2023-08-10 14:17

Trucking firm Yellow explores alternate bankruptcy loans
By Dietrich Knauth NEW YORK (Reuters) -Bankrupt trucking company Yellow Corp will not seek court approval to borrow $142.5 million
2023-08-10 03:48

Russia abandons budget rule in effort to save tanking rouble
By Alexander Marrow and Elena Fabrichnaya MOSCOW Russia effectively abandoned its budget rule on Wednesday as the central
2023-08-10 00:24

Italy waters down windfall tax on banks
The announcement prompted a rebound in the share prices of Italy's lenders.
2023-08-09 23:59

Analysis-Italian government's raid on banks undermined by confusion
By Angelo Amante and Valentina Za ROME A drive to shore up its political base and appeal to
2023-08-09 23:27

European bank stocks bounce as Italy softens windfall tax blow
Banking stocks in Italy and elsewhere in Europe rebounded Wednesday after the country watered down a plan to whack its banks with a surprise one-off 40% tax on their windfall profits.
2023-08-09 20:29

Italy banks stocks regain ground as cap set on windfall tax
ROME (Reuters) -Italian banking stocks rose in early trade, regaining some of the ground lost after the government late on
2023-08-09 16:18

World Bank halts new lending to Uganda over anti-LGBTQ law
By Andrea Shalal and Kanishka Singh WASHINGTON (Reuters) -The World Bank said on Tuesday it would halt new lending to
2023-08-09 15:26

Thai growth forecasts may need to be revised down - central bank chief
BANGKOK Thailand's economy continues to recover, helped by tourism and consumption, though the growth forecast may need to
2023-08-09 10:55