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Bank of England delays final Basel bank capital rules to July 2025

Bank of England delays final Basel bank capital rules to July 2025

LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg..

Germany halts e-cars solar subsidy programme amid high demand

Germany halts e-cars solar subsidy programme amid high demand

BERLIN (Reuters) – Germany’s state-owned KfW bank on Wednesday said it had halted a new subsidy programme for charging ele..

UK’s Hiscox to sell Singapore and Thailand insurance business

UK’s Hiscox to sell Singapore and Thailand insurance business

(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore..

Germany bans neo-Nazi group, raids members’ homes

Germany bans neo-Nazi group, raids members’ homes

BERLIN (Reuters) – German authorities raided dozens of locations nationwide on Wednesday after interior minister Nancy Faeser ba..

Dollar scales 10-month top as rate jitters persist

Dollar scales 10-month top as rate jitters persist

SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and sterling to..

Merchants want lower fees, need Amazon’s ads as US FTC files suit

Merchants want lower fees, need Amazon’s ads as US FTC files suit

RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back on fees while some al..

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at 5.25% until a..

French shoppers buy fewer tampons, less detergent as prices surge

French shoppers buy fewer tampons, less detergent as prices surge

LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry de..

Shutdown showdown in US Congress: Time running short to fund government

Shutdown showdown in US Congress: Time running short to fund government

WASHINGTON (Reuters) – The U.S. House and Senate on Tuesday plan to take sharply divergent paths in a high-stakes spending battl..

Three-quarters of firms globally are not ready for new ESG rules, KPMG finds

Three-quarters of firms globally are not ready for new ESG rules, KPMG finds

LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) d..