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World 28 Apr 2021 | 3:16 PM

War-rooms and oxygen: India's IT companies scramble to handle COVID-19 surge

BENGALURU (Reuters) - India's giant IT firms in Bengaluru and other cities have set up COVID-19 "war-rooms" as they scramble to source oxygen, medicine and hospital beds for infected workers and maintain backroom operations for the world's biggest financial firms.

World 21 Jul 2019 | 11:21 PM

Hong Kong police fire rubber bullets, tear gas as protests descend into chaos

HONG KONG (Reuters) - Hong Kong police fired rubber bullets and tear gas in running clashes with protesters late on Sunday amid chaotic scenes as anger over an extradition bill morphs into a fresh front against what many see as a broader erosion of freedoms by Beijing.

World 03 Jul 2019 | 3:33 PM

Hong Kong protests and China's tightening grip rattle business community

HONG KONG (Reuters) - Chaotic scenes of protesters rampaging through Hong Kong's legislature, trashing furniture and daubing graffiti over walls have sent jitters through the business community, which worries about the impact on the city's status as a financial hub.

World 22 May 2019 | 11:45 PM

BNP Paribas to face revived lawsuit over Sudanese genocide- U.S. appeals court

NEW YORK (Reuters) - A U.S. appeals court on Wednesday revived a lawsuit against BNP Paribas SA by alleged victims of a genocidal regime in Sudan, who sought to hold the French bank liable for aiding in the government's atrocities.

World 15 Apr 2017 | 10:27 AM

Hackers release files indicating NSA monitored global bank transfers

(Reuters) - Hackers released documents and files on Friday that cybersecurity experts said indicated the U.S. National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.

World 12 Apr 2017 | 8:39 PM

France's Macron would seek more EU ministerial say on bank rules

PARIS (Reuters) - French presidential candidate Emmanuel Macron will push to give more power to European finance ministers to set bank capital rules to boost credit flow in the economy, his adviser, French European parliamentarian Sylvie Goulard said on Wednesday.

World 22 Mar 2017 | 2:37 AM

Exclusive - China's AgBank suspends account being used to crowdfund Myanmar rebels

YANGON (Reuters) - One of China's biggest state-owned lenders has suspended an account used to fund ethnic rebels fighting government troops in Myanmar, halting an arrangement that could have stoked diplomatic tensions between Beijing and Myanmar.

World 09 Nov 2015 | 4:45 PM

FSB's Carney tells banks there is no 'Basel IV' on the way

LONDON (Reuters) - Remaining changes to global bank capital rules don't amount to a quantum change in requirements for lenders as claimed by the sector, Financial Stability Board Chairman Mark Carney said on Monday.

World 30 Dec 2013 | 1:55 AM

Spain arrests eight over global bank cyber heists

MADRID (Reuters) - Spanish police on Sunday said they had arrested eight people suspected of helping to steal more than $60 million from banks worldwide by hacking into credit card processing firms and withdrawing money from cash machines.

World 17 Oct 2013 | 5:20 AM

Any U.S. sanctions relief on Iran likely to start slowly

WASHINGTON (Reuters) - Any easing by Washington of sanctions on Iran in exchange for Tehran taking steps to scale back its nuclear program is likely to be fleeting and symbolic, with any moves for bigger concessions likely to be blocked by Congress.