China tells EU it will pursue Ukraine peace in its own way
Russia’s invasion of Ukraine dominates virtual summit First EU-China virtual summit since 2020 China’s Xi hopes for ‘independent’ EU BRUSSELS/BEIJING, April 1 (Reuters) – China...
Russia warns United States: we have the might to put you in your place
Deputy Chairman of Russia’s Security Council Dmitry Medvedev gives an interview at the Gorki state residence outside Moscow, Russia January 25, 2022. Picture taken January...
Goldman, JPMorgan unwind Russia business, EU banks disclose more exposures
Credit Suisse, Deutsche Bank detail Russia exposure Financial firms scramble to distance themselves from Russia BNP Paribas cuts Russia workforce off from systems LONDON/NEW YORK,...
Euro extends recent fall, U.S. dollar gains ahead of jobs data
Euro hits lowest since 2016 against sterling Russia rouble hits fresh low in Moscow trade NEW YORK, March 3 (Reuters) – The euro extended recent...
Global banks eschew risk as they navigate Russia sanctions quagmire
WASHINGTON/HONG KONG, March 2 (Reuters) – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with...
Euro zone banks plunge, erasing 2022 gains as Russia invades Ukraine
LONDON, Feb 24 (Reuters) – Shares in euro zone banks plunged on Thursday after Russian forces launched a full-scale invasion of Ukraine and European Union...
Explainer: Western sanctions on banks only scratch surface of Fortress Russia
LONDON/NEW YORK, Feb 22 (Reuters) – The United States, the European Union and Britain announced new sanctions on Russia on Tuesday after Moscow’s recognition of...
Analysis: ECB has to fight housing bubble with its hands tied
A view of apartments under construction in Vienna, Austria, February 10, 2022. Picture taken February 10, 2022. REUTERS/Leonhard Foeger/File Photo Register now for FREE unlimited...
As inflation hits 30-year high, UK households start to buckle
Households facing biggest income hit in 30 years Inflation set to top 7% in April BoE calls for pay restraint Many families rein in spending...
Consumers face years of high energy prices, Big Oil CEOs warn
A diesel fuel nozzle with new European labels to standardise gasoline pumps in the EU zone is seen at a petrol station in Nice, France,...