A French judge issued an arrest warrant for Lebanon’s central bank Governor Riad Salameh on money laundering allegations, in the first such international legal action against the official much blamed for the country’s financial implosion.
There would be “no issues” if billionaire German Larrea’s Grupo Mexico SAB buys Citigroup Inc.’s retail banking unit in the country, Banamex, Mexico’s President Andres Manuel Lopez Obrador said during a press briefing Tuesday.
The Biden administration updated the status of its deployed nuclear forces while taking a dig at Russian opacity two months after the Kremlin left a landmark arms-control treaty.
Gucci hosted its first fashion show in Seoul in at least eight years as the struggling label seeks to capitalize on South Korea’s rising cultural cachet while courting luxury consumers in the crucial Asian market.
Federal Reserve Bank of Richmond President Thomas Barkin said he was still looking to be convinced that inflation has been defeated and that he’d support raising interest rates further if needed.
JPMorgan Chase & Co. is unlikely to purchase additional regional lenders struggling through the industry’s current turmoil, Chief Executive Officer Jamie Dimon said.
One of the world’s biggest metals traders has built up a dominant position in one part of the London Metal Exchange aluminum market, creating a squeeze on exchange stocks and putting focus on the availability of non-Russian metal.
(Bloomberg) — Shifting fires across Canada’s main energy-producing province are prompting drillers to throttle back production once again, more than a week after the spate of blazes began, and officials have warned of worsening conditions in the days ahead.
The world economy is showing new signs of slowing down, as China’s post-Covid rebound fades and Germany’s struggling industrial sector threatens to pull Europe’s powerhouse into recession.
BlackRock Inc. is calling employees back to offices at least four days a week, telling staff that the firm has found benefits from working together in person after the pandemic.
