The package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, combating sanct...

European banks fell 4.5% and were set for their third week of declines, after the failure of U.S. midsized lenders and the turmoil at Credi...

Prices of industrial metals rose on hopes of a recovery in demand from top consumer China and amid support from global mining supply disrup...

Foreign currency purchases were suspended early this year amid sharp volatility in the value of the rouble in the weeks before Moscow sent ...

Investors worry banks will again need to hike loan loss provisions, which had been declining after the pandemic-driven spike in 2020. The c...

The London Stock Exchange said it had suspended nearly 30 listings in Russian companies as sanctions begin to bite.

Russian Prime Minister Mikhail Mishustin announced the country will temporarily stop foreign investors from selling Russian assets to ensur...

Measures announced earlier this week hit several Russian banks and individuals and targeted Moscow's ability to raise money in internationa...

What the region's banks now fear most is that Russia gets banned from a widely used payment system, bankers told Reuters, with one describi...

Russia said its output had dropped almost to its quota for May and June under the deal agreed by major producers known as OPEC+.

More than 40 organisations have already selected Accenture and Blue Prism to help achieve this, including international retailer Circle K a...

Apollo Tyres on August 26 announced that it has successfully closed about Rs 2,260 crore financing for its greenfield plant in Hungary.

The company has successfully closed a 300 million euro financing for its greenfield plant in Hungary, Apollo Tyres said in a statement.

The ECB will “critically review the calculation of risk-weighted assets,” Sabine Lautenschlaeger, a member of the central bank’s executive ...

At a time when customers are tightening their software services spending, India’s second-biggest software exporter Infosys is seeing more d...

Supply of emerging market bonds looks set to shrink more in coming months as upheaval in global credit markets prompts corporates to trim 2...

Union Bank of India hired six lenders to arrange a $150 million yen-denominated loan, its third syndicated financing this year, a banker sa...