Banks can re-start dividend payments, regulator says

“The Prudential Regulation Authority judges that an extension of the exceptional and precautionary action taken in March is not necessary and that there is scope for banks to recommence some distributions should their boards choose to do so,” the regulator

said in a statement.

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Russia on brink of default as debt deadline looms

"They have not got it," says Jay Auslander, a US lawyer who has worked on many government debt cases. "And the overwhelming probability is they're not going to get it."If this money has not arrived within 30 days of the due date, that is, Sunday evening, that will...

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Toyota recalls electric cars over concerns about loose wheels

Another Japanese car manufacturer, Subaru also said it was recalling 2,600 units of the Solterra, its first all-electric car jointly developed with Toyota, because of concerns over loose bolts. The firm did not immediately respond to a request for comment from the BBC.

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