ECB scrutinises banks’ payout plans as outlook sours

FRANKFURT (Reuters) – The European Central Bank is carefully scrutinising euro zone banks’ payout plans as the outlook for the euro zone’s economy sours and markets wobble, the ECB’s top supervisor said on Monday. “We have… collected updated capital …

Countries band together to keep forest promise

By Simon Jessop and Jake Spring SHARM EL-SHEIKH, Egypt (Reuters) -More than 25 countries at the COP27 climate talks on Monday launched a group they said would ensure they hold each other accountable for a pledge to end deforestation by 2030, and announ…