UN proposes adding Russian bank unit to SWIFT if Putin extends Black Sea grain deal

U.N. Secretary-General Antonio Guterres has proposed that Russian President Vladimir Putin extend the Black Sea grain deal in return for adding a Russian agricultural bank’s unit to the SWIFT payment network, Reuters reported citing sources. The deal, which allows Ukraine … Read More

Chinese hackers breached State, Commerce Depts, Microsoft and US say

WASHINGTON/LONDON, July 12 (Reuters) – Chinese state-linked hackers since May have secretly accessed email accounts at around 25 organizations, including at least two U.S. government agencies, Microsoft (MSFT.O) and U.S. officials said on Wednesday. The United States detected a breach … Read More

Explainer: Boosting the City: Part Two of UK’s post-Brexit finance reforms

LONDON, July 10 (Reuters) – Britain’s finance minister Jeremy Hunt has set out proposals to unlock at least 50 billion pounds ($64 billion) in investments to bolster London as a competitive global financial centre. The so-called Mansion House Reforms come … Read More

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