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U.S. CFPB will look at improving exchange rate transparency among remittance providers -Chopra
(Reuters) - The U.S. Consumer Financial Protection Bureau will look at how to improve exchange rate transparency among remittance providers to make clearer to consumers the fees they are charged for u...
Syndicated Content Dec 14, 2022
EU countries plan for gas deals to replace Russian fuel – draft
By Kate Abnett and Jan Strupczewski BRUSSELS (Reuters) - European Union countries intend next year to push for more gas deals - including long-term contracts - to replace Russian supplies, draft concl...
Syndicated Content Dec 14, 2022
Chinese bank wealth units seek to smooth performance amid redemptions
SHANGHAI (Reuters) - The asset management arms of some Chinese banks are turning to an accounting method that smoothes out the performance of wealth management products as they try to stem a rise in r...
Syndicated Content Dec 14, 2022
Oregon governor lifts death sentences for 17 inmates facing execution
By Brendan O'Brien (Reuters) - Oregon Governor Kate Brown, who leaves office at the beginning of the year, has commuted the death sentences of all 17 inmates facing capital punishment in the state, le...
Syndicated Content Dec 14, 2022
Sub-Saharan Africa’s debt pressures to continue to rise – Fitch
By Rachel Savage JOHANNESBURG (Reuters) - The external debt service burden in Sub-Saharan Africa will continue to climb in the coming years, ratings agency Fitch said on Wednesday, as the pressures of...
Syndicated Content Dec 14, 2022
Trafigura to pilot sustainable supply chain finance program for Mexican miners
(Reuters) - Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with eFactor Network for mining companies in Mexico. "Trafigura's supp...
Syndicated Content Dec 14, 2022
U.S. crude stocks rise by more than 10 million barrels – EIA
(Reuters) - U.S. crude stocks, gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 10.2 million barrels in the week e...
Syndicated Content Dec 14, 2022
G20 wants to build policy consensus on crypto assets
BENGALURU (Reuters) - The Group of 20 (G20) countries are striving to build a policy consensus on crypto assets to inform better global regulation, India's federal economic affairs secretary Ajay Seth...
Syndicated Content Dec 14, 2022
Tesla to search for water in quest to expand German gigafactory
By Victoria Waldersee BERLIN (Reuters) - Tesla plans to drill for new water sources to supply an expansion of its electric vehicle plant near Berlin, according to local authorities and water associati...
Syndicated Content Dec 14, 2022
U.S. owes Sandy Hook families stronger gun laws, Biden says
WASHINGTON (Reuters) - U.S. President Joe Biden marked 10 years since the massacre at Sandy Hook Elementary School in Connecticut on Wednesday by saying Americans should have "societal guilt" for fail...
Syndicated Content Dec 14, 2022
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