News

U.S. says sanctions cost Iran investment, banking access

WASHINGTON (Reuters) – Iran is finding it increasingly difficult to access the financial services it needs to run its economy and may lose up to $60 billion in energy investments due to global sanctions, U.S. officials said on Wednesday. Read more

Citi near hiring ex-White House budget chief: report

NEW YORK (Reuters) – Citigroup Inc is in advanced talks to hire former U.S. budget director Peter Orszag in its investment banking unit, Bloomberg reported Tuesday night, citing people with knowledge of the matter. Read more

Iran talks must focus on nuclear issue: Clinton

ASTANA (Reuters) – U.S. Secretary of State Hillary Clinton on Wednesday said the United States welcomed Iran’s decision to join talks in Geneva, which she said should focus “first and foremost” on Tehran’s nuclear program. Read more