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Britain’s RBS could charge business clients for deposits

  London / AFP British bank RBS has warned businesses they might be charged for depositing money if interest rates are lowered, a week before the Bank of England (BoE) meets to decide whether to ease its policy. “Global interest rates remain at very low levels and in some markets are currently negative. Dependent on future market conditions, this could ...

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Paramount makes EU deal to end geo-blocking of films

  AFP The European Commission on Tuesday accepted a proposal by iconic Hollywood studio Paramount to end geographic blocking of its films in licence deals with TV channels. The deal is a small step towards the EU’s dream of building a digital single market, in which the European Union’s 500 million people will no longer be blocked from subscribing to ...

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Brazil swaps rise on bets inflation fight to delay rate cuts

  Bloomberg Brazil’s swap rates rose to the highest level in two months after the central bank said it sees no room to cut borrowing costs that are near a decade high as inflation hasn’t been moderating fast enough. Swap rates on the contract maturing January 2018 rose 0.06 percentage point to 12.88 percent at 10:35 a.m. in Sao Paulo. ...

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