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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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