Reuters UK/EU

Lebanon’s central bank governor set to end his tenure a wanted man

By Maya Gebeily and Laila Bassam BEIRUT (Reuters) – Once celebrated as a financial wizard, Lebanese central bank governor Riad Salameh is spending his final weeks in office a wanted man, faced with French and German arrest warrants that have been prompted by long-running corruption probes. The warrants are the latest twist in cross-border investigations …

Lebanon’s central bank governor set to end his tenure a wanted man Read More »

Israeli settler kills Palestinian who army says attempted stabbing, amid rise in violence

By Ali Sawafta AL-MUGHAYYIR, West Bank (Reuters) -An Israeli settler shot dead a Palestinian man who the military said tried to carry out a stabbing attack in a settlement in the occupied West Bank on Friday. The incident came as several European countries condemned Israeli demolitions and settler violence in the West Bank, which flared …

Israeli settler kills Palestinian who army says attempted stabbing, amid rise in violence Read More »

Sanctions, pressure on foreign banks destabilising Russia’s FX market -central bank

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Pressure on foreign banks operating in Russia and the widening scope of sanctions is aggravating foreign currency settlements in Russia and creating periodic imbalances on the domestic market, the central bank said on Friday. Western sanctions on Moscow over its actions in Ukraine have curbed its …

Sanctions, pressure on foreign banks destabilising Russia’s FX market -central bank Read More »

Russian central bank plays down impact of foreign company exits

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Only five transactions involving foreign companies selling assets in Russia since October have involved payments to non-residents above $400 million, the Bank of Russia said on Friday, playing down the impact of such deals on financial stability. From telecoms companies to fashion retailers, thousands of firms …

Russian central bank plays down impact of foreign company exits Read More »

OpenAI CEO’s threat to quit EU draws lawmaker backlash

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around the world to draw up new rules governing the technology. On Wednesday, he threatened the ChatGPT maker may leave the EU if the bloc “overregulated”.     Altman has spent the past week crisscrossing Europe, meeting …

OpenAI CEO’s threat to quit EU draws lawmaker backlash Read More »