ZURICH (Reuters) – Swiss prosecutors should enforce laws against money-laundering more effectively as the country remains a soft touch for corporate financial corruption, an ethics group said on[...]
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Politics
China’s 2022 trade with Russia hit record $190 billion – customs
BEIJING (Reuters) – China’s trade with Russia hit a record 1.28 trillion yuan ($190 billion) last year, the government said on Friday, even as Russia’s imports from the European Unio[...]
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FAA links computer outage to procedural error as U.S. flights return to normal
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -A computer outage that grounded flights nationally on Wednesday and disrupted more than 11,000 flights was caused by a procedur[...]
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U.S. FAA says initial review shows outage sparked by procedural failure
WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said its preliminary analysis of a computer system outage on Wednesday that led to a 90-minute nationwide ground stop and disrupt[...]
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Anti-ESG drive in U.S. could have cost taxpayers up to $708 million – study
By Tommy Wilkes and Ross Kerber (Reuters) – A campaign by U.S. Republican state officials to bar financial institutions from winning business because of their stance on issues like climate chang[...]
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U.S. December deficit quadruples as outlays grow, debt ceiling nears
By David Lawder WASHINGTON (Reuters) -The U.S. government’s December budget deficit quadrupled from a year earlier to $85 billion as receipts shrank slightly and outlays grew to a new December r[...]
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Canada appoints First Nations member to Bank of Canada board
OTTAWA (Reuters) – The Canadian government filled three Bank of Canada board vacancies on Thursday with finance veterans including Ernie Daniels, likely the first First Nations member on the cen[...]
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Explainer-Washington creeps toward a debt catastrophe, again
By Jason Lange WASHINGTON (Reuters) – An expected showdown between President Joe Biden’s Democrats and a newly minted Republican majority in the U.S. House of Representatives over the debt[...]
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Analysis-Vanguard’s climate group exit shows retail investors trail on ESG
By Ross Kerber and Tommy Wilkes (Reuters) – Vanguard Group’s decision last month to quit a key climate change coalition underscores how the retail investors who dominate its client base fo[...]
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