GENEVA (Reuters) – Credit Suisse Chief Executive Tidjane Thiam hailed on Friday a draft pact to make lending to developing countries more transparent, saying the “transformational” accord could cut
COPENHAGEN (Reuters) – Shipping group A.P.
By Huw Jones LONDON (Reuters) – Many of Britain’s fast-growing fledgling banks have little experience of downturns and could underestimate potential loan losses if markets turned sour, a Bank of
By Andrey Ostroukh and Elena Fabrichnaya MOSCOW (Reuters) – The Russian central bank cut its key interest rate on Friday and said one or two more cuts were possible later this year as Russia faces
BEIJING/SHANGHAI/ZURICH (Reuters) – UBS has put on leave a senior economist whose comments about pigs in China caused an outcry and prompted one Chinese firm to suspend all business with Switzerland’s
By Francesco Guarascio LUXEMBOURG (Reuters) – The European Union looks increasingly likely to impose disciplinary procedures on Italy over the management of its huge public debt, after inconclusive
By David Lawder WASHINGTON (Reuters) – One of the largest U.S. producers of aerosol cans, Colorado-based Ball Metalpack, has laid off 91 of its 500 U.S. workers since President Donald Trump imposed a
COLOGNE, Germany (Reuters) – German Chancellor Angela Merkel urged private housing investors on Friday to recognize their obligation to the public amid growing concern that spiraling rents in
LUXEMBOURG (Reuters) – The Vice President of the European Commission Valdis Dombrovskis said on Friday that Italy needed to adopt new measures to comply with European Union fiscal rules and avert a