Brazil's central bank announced on Friday tougher rules for fintechs, saying that payment institutions will now be subject to regulations based on their size and complexity, and it also increased the standards for required capital.

(Reuters) -The world's biggest eyewear company EssilorLuxottica reported strong sales growth in the fourth quarter, rising further above pre-pandemic levels and boosted by its performance in the United States and its GrandVision acquisition.

Generali's second-biggest investor, construction tycoon Francesco Gaetano Caltagirone, plans to put forward his own candidate to lead Italy's biggest insurer, challenging the reappointment of chief executive Philippe Donnet.

Gold prices are likely to rise to record highs as the risk that Russia's attack on Ukraine will stifle the global economy increases demand for the metal traditionally seen as a safe store of wealth, analysts said.

Oil prices went in and out of positive territory Friday and were headed for their biggest weekly decline since November as traders looked towards ways in which disruptions of Russian oil supply could be remedied in a tight market.

Global bond funds saw big outflows in the week to March 9 due to a spike in crude oil prices and concerns over soaring inflation levels, amid intensifying conflict between Russia and Ukraine.