By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) -The Biden administration levied sanctions on Thursday on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of[...]
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Politics
Senators Warren, Smith ask Fed for accounting of banks’ crypto ties
(Reuters) – U.S. Senators Elizabeth Warren and Tina Smith are demanding an accounting from the Federal Reserve and other U.S. financial regulators of banks’ cryptocurrency activity and tie[...]
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Yellen: U.S. can avoid recession, on ‘right track’ to lower inflation
By Andrea Shalal FORT WORTH, Texas (Reuters) – The United States can avoid a recession, given that there is no wage-price spiral and supply chain bottlenecks are starting to ease, U.S. Treasury[...]
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Wirecard bosses’ fraud trial begins after scandal that rocked Germany
By Jörn Poltz MUNICH (Reuters) – Wirecard’s former chief executive, who steered the payments company through its rise and spectacular collapse two years ago, went on trial for fraud on Thu[...]
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U.S. says Russian oil price does not require checks on every tanker by Turkey
FORT WORTH, Texas (Reuters) – The U.S. Treasury said on Thursday that the price cap on Russian oil imposed by Western powers does not necessitate checks of every tanker passing through Turkish w[...]
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WTO rules against U.S. import duties on steel, aluminium, Norway says
OSLO (Reuters) – The Norwegian foreign ministry said on Thursday a World Trade Organization panel had ruled in Norway’s favour against the United States in a case the Nordic country had br[...]
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Turkey says to continue blocking oil tankers without proper insurance
ANKARA (Reuters) – Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers without appropriate insurance letters, adding that the insurance check[...]
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Airbus CEO details broad post-crisis industrial hurdles
By Tim Hepher PARIS (Reuters) – Aerospace is grappling with a slower-than-expected industrial recovery from the pandemic, with disruption spreading beyond its core supply chain and exposing frag[...]
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Saudi Arabia, China sign MoUs on hydrogen – state news agency
DUBAI (Reuters) – Saudi Arabia and China have signed memorandums of understanding on hydrogen energy and the encouragement of direct investment between the two states, state news agency (SPA) sa[...]
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