BUSINESS

Ethnic Serbs in Kosovo must now cross the border to Serbia to obtain dinars, which are often exchanged immediately for euros

'Fed Up': Dinar Currency Ban Bites In Kosovo

In the central Kosovo town of Gracanica, posters advertising "10 euro return tickets" to Serbia flutter on the walls as ethnic Serbs wearily organise trips across the border to collect their pensions.

Music Catalog Fund Hipgnosis Sold To Blackstone

Hipgnosis executive Merck Mercuriadis (L) and co-founder Nile Rodgers attend the Songwriters Hall of Fame 2024 induction and awards gala in New York on June 13, 2024
Shareholders of Hipgnosis Songs Fund, which in recent years made waves by helping popularize music rights as an asset class, have voted to accept a $1.6 billion takeover from US private equity firm Blackstone, filings showed Tuesday.

Asian Markets Mixed After Wall Street Records

Federal Reserve Chair Jerome Powell has pointed to 'modest' progress in the battle to bring down inflation
Asian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe.
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Boeing says it has reached an agreement with the US Department of Justice over two fatal 737 MAX crashes

Boeing, DoJ Reach Deal Over MAX Crashes Case

Boeing said Monday it had reached a deal with the US Department of Justice over two fatal 737 MAX crashes, which court papers show would see the aviation giant plead guilty to fraud.
Asian markets were mixed on Monday, while the euro slipped after snap French elections

Euro Slips In Asian Trade After Snap French Poll

The euro slipped in Asian trade on Monday after snap French elections in which a hung parliament appeared the likeliest outcome, as markets in the region searched for direction after Wall Street closed the previous week on a strong note.

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