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Exclusive-Travelex owners considering sale of company –sources

Exclusive-Travelex owners considering sale of company –sources

LONDON (Reuters) – Travelex’s owners are exploring a sale of the British currency exchange, which fell into administration..

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell more than expected, adding to worries of tight glob..

Sizes of European government debt trades halve in 2023-ICMA

Sizes of European government debt trades halve in 2023-ICMA

(Reuters) – Investors are having to put on much smaller trades more frequently in Europe’s government bond markets this ye..

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

MENLO PARK, California (Reuters) -Meta Platforms’ newest Quest mixed-reality headset will start shipping on Oct. 10, Chief Execu..

Shopify invests in wholesale platform Faire

Shopify invests in wholesale platform Faire

LONDON (Reuters) – E-commerce giant Shopify is investing in wholesale platform Faire, the companies said on Wednesday, in a glob..

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..