U.S. dollar posts largest weekly gain in one month on hawkish Fed messages
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic// Register now for FREE unlimited access to Reuters.com Register U.S dollar...
Putin says world faces food crisis due to West’s sanctions
Russian President Vladimir Putin attends a meeting with the head of the Republic of Ingushetia Makhmud-Ali Kalimatov at the Kremlin in Moscow, Russia March 30,...
Inflation ‘rhino’ may be difficult to stop, Deutsche Bank says
The logo of Deutsche Bank is seen on the roof of the bank’s headquarters in Moscow, September 14, 2015. REUTERS/Sergei Karpukhin Register now for FREE...
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,...
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...
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,...