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Arkansas teachers settle with Allianz over fund debacle

FRANKFURT, March 3 (Reuters) - A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit…

5 years ago

Malaysian financier said he discussed 1MDB probe with Trump allies -testimony

A fugitive Malaysian financier said he won support from allies of former U.S. President Donald Trump for a possible settlement…

5 years ago

Bank of Italy says it is ending COVID-related relief measures for banks

The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had…

5 years ago

Exclusive: U.S. utilities push White House not to sanction Russian uranium

The U.S. nuclear power industry is lobbying the White House to allow uranium imports from Russia to continue despite the…

5 years ago

EXCLUSIVE Ford set to announce plans to run EV, ICE as separate businesses -sources

Ford Motor Co (F.N) on Wednesday will announce a reorganization under which its electric vehicle (EV) and internal-combustion engine (ICE) units will…

5 years ago

Morning Bid: A turning point for markets

When the yield on Germany's benchmark Bund, considered one of thea safest assets in the world, posts its biggest one-day…

5 years ago

Exxon to exit Russia, leaving $4 bln in assets, Sakhalin LNG project in doubt

Exxon Mobil (XOM.N) on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4…

5 years ago

Russia’s Sberbank in Europe faces closure after savers demand money

The European arm of Sberbank (SBER.MM), Russia's biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a…

5 years ago

Russia to temporarily ban foreigners from selling assets

Russia will temporarily stop foreign investors from selling Russian assets to ensure they take a considered decision, not one driven…

5 years ago

Visa, Mastercard block Russian financial institutions after sanctions

U.S. payment card firms Visa Inc (V.N) and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government…

5 years ago