US and Qatar reach 'quiet understanding' not to release $6bn sent to Iran for now, Treasury official tells House Democrats
The United States and Qatar have reached a "quiet understanding" not to allow Iran to access any of the $6 billion in Iranian funds that were transferred to Qatari accounts last month as part of a deal to free Americans detained in Iran for the time being, following Hamas' bloody attack on Israel on Saturday, Deputy Treasury Secretary Wally Adeyemo told House Democrats Thursday, according to a source in the room.
2023-10-13 01:52
Biden admin takes step advancing deal to free Americans held in Iran by issuing waiver for transfer of restricted Iranian funds to Qatar
The Biden administration has issued a waiver to allow banks to transfer $6 billion in restricted Iranian funds to Qatar without fear of sanctions -- a key step in a deal to free five Americans who have been deemed wrongfully detained in Iran by the US State Department.
2023-09-12 06:45
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and
2023-08-08 15:16
Big US asset managers cool on climate issues -think tank
By Isla Binnie NEW YORK Large U.S.-based asset managers have shown waning interest in encouraging companies in which
2023-08-01 08:28
Italy wins EU nod to clinch 18.5 billion euros in post-COVID funds
ROME The European Commission said on Friday it had provisionally approved the payment to Italy of a third
2023-07-28 23:20
Rhodes fires: Planes sent to collect stranded Britons
Holiday firms are operating flights from the Greek island to help those evacuated after wildfires.
2023-07-24 12:15
Exclusive-China invites global investors for rare meeting as economy sputters-sources
By Xie Yu and Julie Zhu HONG KONG China's financial regulators have invited some of the world's biggest
2023-07-14 15:23
For groups fighting U.S. opioid crisis, settlement money can be hard to come by
By Brendan Pierson and Disha Raychaudhuri Companies accused of fueling the U.S. opioid crisis have so far paid
2023-06-17 19:15
Odey scandal prompts Wall Street rethink on how to vet hedge funds
By Nell Mackenzie and Kirstin Ridley LONDON Wall Street firms are poised to reassess how they vet hedge
2023-06-16 04:53
Odey Asset Management plans funds, staff moves in fight for survival
By Nell Mackenzie, Farouq Suleiman and Kirstin Ridley LONDON (Reuters) -Odey Asset Management is in advanced talks to move funds
2023-06-15 18:18
Odey Asset Management sets out replacement plans for Crispin Odey
LONDON Odey Asset Management Partnership has started its replacement plan for Crispin Odey after severing "personal and economic
2023-06-12 06:23
Factbox-Who are Crispin Odey and the hedge fund Odey Asset Management?
Crispin Odey, one of Britain's best-known hedge fund managers, is leaving Odey Asset Management following allegations of sexual
2023-06-11 01:55