Brazil's central bank to launch instant payments in NovemberBrazilian central bank said on Wednesday it will launch a near-instant payment system in November, in a move likely to reduce costs to users. The platform, named PIX, will allow money...
France wants customs controls in Irish Sea in post-Brexit talksFrance on Wednesday said it was imperative that negotiations over a future trade relationship between Britain and the European Union included customs checks in the Irish Sea. British Prime Minister...
Lebanon banking association: foreign funds ready to negotiate debt reschedulingLebanon’s banking association (ABL) said on Wednesday that foreign investment funds were ready to negotiate a rescheduling of the country’s debt, which includes a $1.2 bln Eurobond maturing on March...
Regulators need to get up to speed on digital currenciesGlobal financial regulators risk falling behind on rapid innovation in the digital payments industry and need to work more quickly to devise rules for crypto-currencies or “stablecoins”, the chair of...
Boeing heads to court amid fight over release of 737 MAX documentsBoeing Co (BA.N) heads to court on Wednesday to dispute a request from lawyers representing victims of a 737 MAX crash for documents related to the aircraft’s design,...
U.S. housing starts fall; building permits near 13-year highU.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength amid lower mortgage rates. Housing starts dropped 3.6% to...
'Made in Russia' passenger jet finds a single buyer: AeroflotRussia’s main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state...
Exclusive: No orders for Russian-made Superjet, rival to Western jets, except Aeroflot - sourcesRussia’s main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a...
S&P 500, Nasdaq reach new heights on China stimulus hopesThe S&P 500 and the Nasdaq hit all-time highs on Wednesday as hopes that China would take more measures to prop up its economy eased worries about the impact of...
UPDATE 1-Zambian central bank keeps key rate flat, cites low growth and deficit risksZambia’s central bank held the benchmark lending rate at 11.5% on Wednesday as Governor Denny Kalyalya expressed concern about slow economic growth and a hefty fiscal...