News Desk

UBS Chairman Colm Kelleher has voiced his concerns regarding the Swiss financial industry regulator, FINMA, and its need for increased regulatory authority. Kelleher made these remarks during the FT’s Global Banking Summit

Derek Chauvin, the former Minneapolis police officer who was convicted in the death of George Floyd, faced a violent incident in an Arizona prison, as confirmed by Minnesota Attorney General Keith Ellison

Germany’s budget crisis has ignited a fresh push for reforming the country’s self-imposed borrowing limits, even among opposition conservatives, as the imperative for much-needed investment takes precedence over prior fiscal conservatism. A

China’s tech giant, Huawei, announced on Sunday its plans to transfer core technologies and resources from its smart car unit to a new joint venture, with up to 40% ownership by the

Russia’s crucial oil trade routes have encountered a significant challenge due to the complications arising from payments in currencies other than the US dollar, and a quick resolution seems elusive. For decades,

Russian retailer Magnit announced on Friday the successful completion of a buyback valued at approximately $736 million, providing an exit opportunity for Western investors whose assets had been locked in Russia due

In a holiday-shortened trading session, U.S. stocks showed little change on Friday, with low trading volume and investor caution as they monitored the start of the seasonal shopping season for signs of

On Friday, a substantial number of HSBC customers in the United Kingdom encountered significant difficulties accessing their mobile and online banking services, marking another instance in a series of recurring issues that

In a significant victory for the refining industry, a U.S. appeals court has overturned the Biden administration’s decision to deny “hardship waivers” to small refiners, allowing them exemption from the nation’s biofuel