Reuters USA

By Darya Korsunskaya (Reuters) – Russia’s attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that pushes the rouble higher and further reduces the Kremlin’s crucial export revenues, analysts say. Russia’s finance ministry and central bank said last week they would restart interventions in foreign exchange markets …

Analysis-Russia’s falling oil revenues could create vicious circle for budget, rouble Read More »

By Foo Yun Chee BRUSSELS (Reuters) – Microsoft is likely to receive an EU antitrust warning about its $69 billion bid for “Call of Duty” maker Activision Blizzard, people familiar with the matter said, that could pose another challenge to completing the deal. The European Commission is readying a charge sheet known as a statement …

Microsoft faces EU antitrust warning over Activision deal – sources Read More »

By Huw Jones LONDON (Reuters) – Banning commission-based sales of financial products from banks and insurers would be a “serious setback” to the European Union’s capital market and limit choice for consumers, Germany’s finance minister Christian Lindner has said. EU financial services chief Mairead McGuinness set out last month a detailed case in favour of …

Germany joins battle against EU ban on financial product commission Read More »

BRUSSELS (Reuters) – The European Commission aims for EU countries to start jointly buying gas “well before summer”, European Commission Vice-President Maros Sefcovic said on Monday, an attempt to help countries refill storage and avoid a supply crunch next winter. Following a first meeting of European Union country representatives to coordinate the planned purchases, Sefcovic …

EU Commission wants first joint purchases of gas by summer Read More »

By Bansari Mayur Kamdar (Reuters) – European shares inched up on Monday as gains in healthcare stocks helped the benchmark index extend its sharp rally thus far into the new year, while UK’s FTSE 100 hovered close to a record high. The pan-European STOXX 600 gained 0.1% in early trading, boosted by a 0.8% rise …

European shares edge up on pharma boost, UK’s FTSE 100 nears record-high Read More »

By Tim Reid LOS ANGELES (Reuters) – The mayor of New York traveled to the Mexican border city of El Paso on Sunday and declared that “there is no room in New York” for busloads of migrants being sent to America’s most populous city. Eric Adams, a Democrat, was also critical of the administration of …

New York Mayor says “no room” in his city for migrants Read More »

WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the Common Framework platform supported by the Group of 20 major economies. Reuters reported that Ghana requested on Tuesday to restructure its bilateral debt under the Common Framework platform supported by the G20, according to a …

IMF’s Georgieva confirms Ghana seeking debt treatment under G20 Common Framework Read More »

By Tatiana Bautzer SAO PAULO (Reuters) -Brazilian bank Banco BTG Pactual SA has appealed a court injunction that protected billionaire-backed retailer Americanas from creditors on Friday, documents seen by Reuters show. In an appeal filed on Saturday, BTG lawyers argue the court injunction orders illegally the reversal of a payment made by Americanas to BTG. …

Brazil’s BTG Pactual appeals decision protecting billionaire-backed Americanas from creditors Read More »