Dollar skids to four-month low as Trump trade deflates
By Dion Rabouin NEW YORK (Reuters) – The dollar fell to its lowest since November against a basket of currencies...
economy
London’s reputation slips on Brexit but European rivals lag: survey
By John O’Donnell FRANKFURT (Reuters) – London has seen its standing as a financial center slip as Britain prepares to...
Plateau in U.S. auto sales heightens risk for lenders: Moody’s
By Nick Carey DETROIT (Reuters) – As U.S. auto sales have peaked, competition to finance car loans is set to...
Siemens pledges commitment to post-Brexit UK
FRANKFURT (Reuters) – German engineering group Siemens <SIEGn.DE> said it was committed for the long term to Britain, which will...
Saudi finance minister says cut in Aramco tax won’t hurt state finances
DUBAI (Reuters) – A cut in the tax paid by national oil firm Saudi Aramco to the government will not...
Decision on Monte Paschi rescue soon; Vicenza and Veneto next: ECB
FRANKFURT (Reuters) – European authorities will soon decide on a public rescue plan for Italian lender Monte dei Paschi di...
On the up: German business morale brightest in nearly six years
By Michael Nienaber BERLIN (Reuters) – German business morale hit its highest level in nearly six years in March, suggesting...
Banks leaving UK may get years to comply with ECB rules: Lautenschlaeger
FRANKFURT (Reuters) – Banks moving from Britain to the EU because of Brexit could be given years to fully comply...
China will improve ‘policy framework’ for cross-border yuan use: central bank
BEIJING (Reuters) – China’s central bank said on Monday that it will improve the “policy framework and infrastructure” for cross-border...