FRANKFURT (Reuters) – Too many global investment banks continue to serve euro zone clients out of London and the European Central Bank plans to force them to relocate senior staff and trading activity to the bloc, ECB supervisory chief Andrea Enria said on Thursday.
(Reuters) – Russia has no hope of starting up its undersea gas pipeline Nord Stream 2 anytime soon, but is confident that Europe will need the pipeline some day, whatever it says now, the Kremlin said on Thursday.
By Ross Kerber (Reuters) – BlackRock Inc, JPMorgan Chase & Co and other top financial firms have told a Texas official they are not boycotting energy companies, responding to a request for information that could determine if they are able to continue to manage state funds.
(Reuters) – U.S. stock index futures fell on Thursday, signaling more selling on Wall Street as investors kept a close eye on the impact of rising inflation on the U.S. economy and corporate earnings.
COPENHAGEN (Reuters) – Denmarks justice minister said on Thursday it would not be possible to charge a former defence minister with leaking state secrets after several political parties and independent lawmakers pledged to oppose lifting his parliamentary immunity.
By Pete Schroeder WASHINGTON (Reuters) – Michael Barr, the second person nominated by Democratic President Joe Biden to be the Federal Reserve‘s Wall Street cop, will appear before the Senate on Thursday to make the case for why he should take on the central bank’s sweeping
BRUSSELS (Reuters) – The European Commission on Thursday said it had referred Czech Republic, Ireland, Romania, Slovakia and Spain to the EU Court of Justice over their failure to implement the revised directive for audiovisual media services.
AMSTERDAM (Reuters) – The European Commission said on Tuesday it will sue Malta over its legislation on annual circulation tax, specifically for taxing used cars purchased on the Maltese market less than used cars imported from other EU member states.
BRUSSELS (Reuters) – It is not “advisable” for companies to go beyond the European Commissions guidance on how to keep paying for Russian gas without breaching EU sanctions against Moscow for its invasion of Ukraine, a Commission spokesman said on Thursday.
By Yoruk Bahceli (Reuters) – Germanys 10-year bond yield fell below the closely watched 1% level on Thursday as a slump in U.S. stocks a day earlier brought growth fears back into focus.
By Julien Ponthus LONDON (Reuters) – The outgoing chief executive of Societe Generale is in favour of selecting an internal candidate to lead the French banking group for the next 10 to 15 years after he leaves, a union representative said after meeting Frederic Oudea.
SAO PAULO (Reuters) – Two unions representing employees of the miner Samarco Mineracao SA has filed a restructuring plan for the company, according to a source with knowledge of the matter.
WARSAW (Reuters) -Polish gas monopoly PGNiG issued a call for arbitration to Russian gas supplier Gazprom regarding interest on overpayments it made for natural gas between 2014 and 2020, the company said in a quarterly report on Thursday.
MILAN (Reuters) – Italy‘s police said they froze assets worth 146 million euros ($153 million) owned by Superjet International, a joint venture between Russia’s Sukhoi and Leonardo, as the country chases businesses hit by EU sanctions against Moscow.
(Reuters) – Ontario, Canadas most populous province, will hold an election on June 2 with incumbent Progressive Conservative leader Doug Ford favored in the polls.
By Kate Abnett BRUSSELS (Reuters) – The European Unions executive told member states this week they can keep buying Russian gas without breaching sanctions imposed on Russia following its invasion of Ukraine, but advised against opening rouble bank accounts to pay for it, EU officials said.
LONDON (Reuters) – British manufacturers reported the joint-strongest growth in orders this month since records began, while output rose at the fastest rate since July, figures from the Confederation of British Industry showed on Thursday.
By Steve Scherer OTTAWA (Reuters) – Incumbent Progressive Conservative Doug Ford is leading the race to win a second term as Ontario premier with promises of tax relief at the gas pump amid soaring inflation and fixing clogged highways in Canadas biggest city, Toronto.
By Doyinsola Oladipo (Reuters) – As more people resume travel and plan vacations, retailers and consumer product companies including U.S. discount chain Target and cosmetics maker Coty are benefiting from a jump in luggage sales and increased spending at airports.
By Arathy Somasekhar HOUSTON (Reuters) – U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months according to U.S. Customs data, as buyers began replacing Russian supplies.