Economy7 hours ago (Jul 06, 2020 11:25AM ET) (C) Reuters. FILE PHOTO: Britain's Foreign Secretary Dominic Raab reacts as he makes a statement on Hong Kong's national security legislation in London LONDON (Reuters) - Britain's first sanctions will target 25 Russian nationals it says were involved in the mistreatement and death of lawyer Sergei Magnitsky and 20 Saudi nationals held ...

Economy8 hours ago (Jul 06, 2020 10:35AM ET) (C) Reuters. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington By Jonnelle Marte NEW YORK (Reuters) - The Federal Reserve Bank of Boston said on Monday the Main Street Lending Program is now fully operational and ready to purchase eligible loans. The Main Street lending facility, which ...

Economy1 hour ago (Jul 06, 2020 05:40AM ET) 2/2 (C) Reuters. A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo 2/2 By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan is expected to roughly maintain its view the economy will gradually recover later ...

Economy9 hours ago (Jul 05, 2020 09:20PM ET) (C) Reuters. Argentina's President Alberto Fernandez looks on durring the session of the 138th legislative term at the National Congress in Buenos Aires By Eliana Raszewski and Jorge Iorio BUENOS AIRES (Reuters) - Argentina's government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors ...

Economy11 hours ago (Jul 05, 2020 07:25PM ET) (C) Reuters. FILE PHOTO: British PM May meets German Chancellor Merkel to discuss Brexit in Berlin By Huw Jones LONDON (Reuters) - Britain and the European Union need to make progress on EU financial market access given that the coronavirus crisis will make it even harder to cope with potential disruption if ...

Economy11 hours ago (Jul 05, 2020 07:20PM ET) 2/2 (C) Reuters. Outbreak of the coronavirus disease (COVID-19) in London 2/2 (Reuters) - Britain's Treasury and British Business Bank officials are reviewing access to state-backed loan schemes after the European Union relaxed state aid rules, The Daily Telegraph reported. The Treasury is considering ways of making it easier for businesses to ...

Economy11 hours ago (Jul 05, 2020 07:20PM ET) (C) Reuters. LONDON (Reuters) - The British government should be wary of assuming its mammoth debt pile will always be so cheap to service or that inflation is dead and so must ensure fiscal security by pushing ahead with a digital tax, six former government advisers said on Monday. The United Kingdom ...

Economy12 hours ago (Jul 05, 2020 06:20PM ET) (C) Reuters. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in London LONDON (Reuters) - Britain will offer its largest ever expansion of traineeships, its finance ministry said on Sunday, ahead of a highly-anticipated update due later in the week on the government's support for the economy through the coronavirus crisis. Finance ...

Forex13 hours ago (Jul 05, 2020 05:45PM ET) (C) Reuters. Markets Torn Between Robust Economic Data and Rising Virus Cases (Bloomberg) -- Global markets are caught in a tug-of-war between optimism over better-than-expected economic data, and concern over the surge in coronavirus infections. While currencies saw muted moves in early trading on Monday, the Australian dollar underperformed, dropping as much ...

Economy52 minutes ago (Jul 05, 2020 06:15PM ET) (Reuters) - Britain's Treasury and British Business Bank officials are reviewing access to state-backed loan schemes after the European Union relaxed state aid rules, The Daily Telegraph reported. The Treasury is considering ways of making it easier for businesses to access coronavirus support loans - ahead of expected measures from British finance ...