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European shares break four-day losing streak on Fed Powell’s dovish remarks

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 4, 2019. REUTERS/Staff (Reuters) – European shares rose on Thursday, breaking a four-day losing streak, after U.S. Federal Reserve Chair Jerome Read more ›

Russian court extends custody of Baring Vostok’s Calvey until April

MOSCOW (Reuters) – A Russian court on Saturday ordered Michael Calvey, the U.S. founder of one of Russia’s biggest private equity firms accused of fraud, to be kept in custody until April 13. Founder of the Baring Vostok private equity Read more ›

Exclusive: Saudi Arabia, Russia agreed in Sept to lift oil output, told U.S.

MOSCOW/DUBAI (Reuters) – Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed the United States before a meeting in Algiers with other producers, four sources familiar with the plan Read more ›

Column: Hedge funds, smelling Brexit blood, circle sterling

LONDON (Reuters) – Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. FILE Read more ›

COLUMN-Central banks straightjacketed by sheer scale of U.S. bond holdings: McGeever

(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever LONDON, Sept 21 (Reuters) – Few have flexed their muscles in the U.S. bond market over the last 15 years quite like foreign central Read more ›

Buyan the bear predicts Croatia will beat France in World Cup final

Buyan, a brown bear kept in a Siberian zoo, has predicted that Croatia will defeat France in Sunday’s World Cup final. Source link

UPDATE 1-Russian bank VTB beats Q2 forecasts despite provisions jump

* Net profit up almost 42 pct * Provisions for non-performing loans jump 60 pct * Raises year net profit guidance to 170 bln from 150 bln roubles * Shares down as U.S. sanctions threat hits Russian assets (Adds details, Read more ›

Russia’s foreign ministry, after new N.Korea-related U.S. sanctions, says U.S. sanctions fail

MOSCOW, Aug 3 (Reuters) – Russian Deputy Foreign Minister Sergei Ryabkov, commenting on new U.S. sanctions imposed on Friday on a Russian bank over North Korea-related activities, said U.S. attempts to pressure Russia do not work. “Even U.S. politicians, who Read more ›