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World 08 Mar 2019 | 11:29 PM

U.S. allows more time to wind down Venezuela state oil firm's debt

WASHINGTON (Reuters) - The United States is giving individuals and entities more time to wind down certain financial contracts or other agreements related to debt involving Venezuela's state-owned oil company, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) said on Friday.

Business 09 Jun 2012 | 12:00 AM

EC presses Greece to wind down ATEbank

BRUSSELS: The European Commission (EC) is pressing Greece to wind down certain banks, possibly including its fifth-largest lender ATEbank, European Union (EU) sources said.

Business 23 Nov 2016 | 12:00 AM

TransAsia to wind down ops

TAIPEI: Taiwan’s TransAsia Airways Corp said it would wind down operations and suspend all scheduled flights, failing to recover from two plane crashes in almost three years.

World 09 Feb 2018 | 2:30 PM

Rescue efforts wind down at quake-hit Taiwan city, seven still missing

HUALIEN, Taiwan (Reuters) - Rescue operations after a devastating 6.4 magnitude earthquake that rocked Taiwan's tourist area of Hualien this week started to wind down on Friday, with the death toll at 10 and seven people still missing.

World 27 Apr 2019 | 3:59 AM

No wind-down for China on stopping its Iran oil buys - Trump officials

WASHINGTON (Reuters) - Two Trump administration officials said on Friday that neither a wind-down period nor a short-term waiver on China's oil purchases from Iran are being contemplated after Washington surprised Iran’s customers on Monday by demanding they halt the purchases by May 1 or face sanctions.

World 06 Nov 2018 | 10:23 AM

Trump turns to Supreme Court to wind down 'Dreamer' immigration programme

WASHINGTON (Reuters) - President Donald Trump's administration asked the U.S. Supreme Court on Monday to allow it to end a programme introduced by former President Barack Obama that protects thousands of young immigrants who live in the United States without legal status.

World 10 Jul 2014 | 5:31 AM

Corsica ferry blockades wind down after PM's threats

MARSEILLE France (Reuters) - French unions at struggling ferry operator SNCM tentatively agreed to wind down a strike over restructuring plans after Prime Minister Manuel Valls threatened imminent action to break up their blockade of ports in Marseille and Corsica.

Business 19 Sep 2013 | 6:51 AM

Fed surprises, sticks to stimulus as it cuts growth outlook

WASHINGTON: The U.S. Federal Reserve defied investor expectations on Wednesday by postponing the start of the wind down of its massive monetary stimulus, saying it wanted to wait for more evidence of solid economic growth.

Business 06 May 2019 | 5:34 AM

Lehman’s London ghost office nears wind-down after 12 years

LONDON: Lehman Brothers is finally leaving Canary Wharf, almost a dozen years after the Wall Street giant’s collapse.

Business 06 Apr 2016 | 12:00 AM

HSBC to wind down Brunei operations

KUALA LUMPUR: Following a strategic review, HSBC will be winding down its operations in Brunei, which comprise retail, commercial and global banking services.