LONDON (Reuters) – Voting began on Friday in four Ukrainian regions mostly held by Russian forces, the start of a plan by President Vladimir Putin annex a big chunk of …
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By Jake Cordell and Essi Lehto TBILISI/VAALIMAA, Finland (Reuters) -Some Russian men headed swiftly to the borders on Thursday after President Vladimir Putin ordered a partial mobilisation, with traffic at …
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UK’s Kwarteng to scrap top rate of income tax, cut basic rate from April
by Reutersby ReutersLONDON (Reuters) – Britain’s new finance minister Kwasi Kwarteng said on Friday he would scrap the country’s top rate of income tax and cut the basic rate next April – …
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(Reuters) -Goldman Sachs has cut its year-end 2022 target for the benchmark S&P 500 index by about 16% to 3,600 points, as the U.S. Federal Reserve shows little signs of …
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Second suspect wanted over Oslo gay bar shooting, police say
by Reutersby ReutersOSLO (Reuters) – A second man is now wanted on suspicion of involvement in a mass shooting that killed two people and wounded 21 in and around an Oslo gay …
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Russia to spend $6.8 billion from wealth fund on infrastructure projects in 2022
by Reutersby ReutersKAZAN (Reuters) -Russia plans to spend 400 billion roubles ($6.8 billion) of its National Wealth Fund money on investment projects this year, on top of the 535 billion roubles it …
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Stockholm bourse fines SAS over delay to statement about pilot strike
by Reutersby ReutersSTOCKHOLM (Reuters) -Swedish airline SAS has been fined by the Stockholm bourse’s disciplinary committee over the way it handled information about a pilot strike on July 4. SAS said on …
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Volkswagen, Elia sign MoU to explore vehicle integration into power grid
by Reutersby ReutersFRANKFURT (Reuters) – Volkswagen’s charging unit Elli has signed a memorandum of understanding with Belgian network operator Elia and one of its start-ups to explore the integration of electric vehicles …
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Cathay Pacific to increase flight frequencies after Hong Kong eases quarantine restrictions
by Reutersby ReutersHONG KONG (Reuters) – Cathay Pacific Airways Ltd on Friday said it plans to add more than 200 pairs of passenger flights in October to both regional and long-haul destinations. …
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Pakistan’s bonds slump on report UN DP to recommend debt restructuring
by Reutersby ReutersLONDON (Reuters) – Pakistan’s bonds slumped on Friday, leaving many at half of their face value after a Financial Times report that the United Nations Development Programme was set to …
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LONDON (Reuters) – The downturn in British businesses steepened this month as they battled soaring costs and faltering demand, according to a survey on Friday that hammered home the rising …
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Japan PM says to ease COVID border control requirements next month
by Reutersby ReutersBy John McCrank (Reuters) -Japanese Prime Minister Fumio Kishida said on Thursday his country will ease COVID-19 border control requirements next month, a key step in fostering a recovery in …
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Explainer-Rightist alliance set for Italian election victory
by Reutersby ReutersROME (Reuters) – Italy votes in a national election on Sunday that could herald its most right-wing government since World War Two, led by its first woman prime minister. The …
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U.S. aircraft carrier arrives in South Korea as warning to North
by Reutersby ReutersBy Josh Smith BUSAN, South Korea (Reuters) -A U.S. aircraft carrier arrived in South Korea on Friday for the first time in about four years, set to join other military …
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Italy’s right seen winning election but watch out for 5-Star, pollsters say
by Reutersby ReutersBy Gavin Jones and Angelo Amante ROME (Reuters) – Italy’s rightist bloc led by Giorgia Meloni is strongly expected to win Sunday’s election but voter sentiment has shifted in the …
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German economic downturn deepens in Sept, outlook grim -flash PMI
by Reutersby ReutersBERLIN (Reuters) – The downturn in German business activity deepened in September, a preliminary survey showed on Friday, as higher energy costs hit Europe’s largest economy and companies saw a …
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Russian banks lost around $25 billion from Ukraine conflict – central bank official
by Reutersby Reuters(Reuters) – Russia’s banks have lost an estimated 1.5 trillion roubles ($25.5 billion) as a result of the fallout from the conflict in Ukraine, a central bank official said on …
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China blockade would be act of war, Taiwan would not surrender, official says
by Reutersby ReutersBy Yimou Lee and Ben Blanchard TAIPEI (Reuters) – A Chinese blockade of Taiwan or the seizure of an offshore island would be considered an act of war and Taiwan …
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Russian airlines staff start to receive conscription notices -Kommersant
by Reutersby Reuters(Reuters) – Russian employees at airlines and airports have started to receive conscription notices after President Vladimir Putin ordered a partial military mobilisation, the Kommersant newspaper reported on Friday citing …
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Exclusive-Credit Suisse sounds out investors about capital hike -sources
by Reutersby ReutersBy Oliver Hirt ZURICH (Reuters) – Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the fourth time in around …
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MADRID (Reuters) -Spanish GDP grew faster in the second quarter than originally estimated, compared with the prior quarter, reflecting a healthy Easter rebound from the winter months and a more …
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Funds flock to Southeast Asian startups as China loses sheen
by Reutersby ReutersBy Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that are chasing bigger returns and …
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LONDON (Reuters) – The yen is hogging the market spotlight after the Bank of Japan intervened to buy yen for the first time since 1998, while markets remain on watch …
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Credit Suisse shares hit record low after report bank is looking to raise cash
by Reutersby ReutersLONDON (Reuters) – Credit Suisse shares dropped to a record low on Friday after a Reuters report said the company is looking to raise fresh cash. Credit Suisse has started …
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Swiss Q2 current account narrows, reserve asset growth slows
by Reutersby ReutersZURICH (Reuters) – Switzerland’s second-quarter current account surplus narrowed by nearly 1 billion Swiss francs to 11 billion Swiss francs ($11.23 billion), the Swiss National Bank (SNB) said on Friday. …