UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos C..
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Bank of England launches first sector-wide liquidity ‘stress test’
LONDON (Reuters) -The Bank of England has launched its first system-wide liquidity ‘stress test’ to establish how big bank..
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Royal Mail’s largest union to resume vote on deal with postal company on June 22
(Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm o..
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Stocks rally stalls, eyes Powell testimony for rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-mon..
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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, in a shift ..
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AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is..
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a driver of inflation – or “gree..
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Oil slides more than $1 on China growth uncertainties
TOKYO (Reuters) -Global oil prices fell more than $1 on Monday, backing off last week’s gains, as questions over China’s e..
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Dollar drifts as traders weigh rate path; yen fragile
SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after ..
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JLR taps Everstream Analytics’ AI to dodge supply chain problems
LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, w..
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