(Reuters) -President Vladimir Putin said on Thursday that the West had triggered a global economic crisis and a wave of ruinous inflation by imposing on Russia the most severe sanctions …
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DUBLIN – Irish Central Bank Governor Gabriel Makhlouf on Thursday joined a chorus of European Central Bank policymakers calling for the Governing Council to act to tackle inflation, though not …
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By Tom Sims and Alexander HĂĽbner FRANKFURT -Allianz, which has already stopped accepting new business in Russia, will probably fully exit the country, the German insurer’s finance chief said on …
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US draft abortion decision could implicate same-sex marriage, contraception, Biden says
by Reutersby ReutersBy Trevor Hunnicutt CHICAGO – The draft U.S. Supreme Court decision on abortion leaked earlier this month could mean the court will later go after same-sex marriage, contraception, and other …
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U.S. labor board says Starbucks unlawfully fired seven for union efforts
by Reutersby ReutersBy David Shepardson WASHINGTON – The U.S. National Labor Relations Board (NLRB) has asked a court to order the reinstatement of seven former Starbucks Corp employees in Memphis, Tennessee who …
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BlackRock says it has more than $800 million for new impact fund
by Reutersby ReutersBy Ross Kerber (Reuters) – Top asset manager BlackRock Inc said on Wednesday it has more than $800 million in commitments for a new impact fund, part of a growing …
- Financial News
Tunisia says talks with IMF positive, committed to paying debts
by Reutersby ReutersTUNIS – Tunisian Finance Minister Sihen Boughiri said on Wednesday that initial talks with the International Monetary Fund were positive and that Tunis was committed to paying all its foreign …
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(Reuters) – Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China due to a COVID-19 lockdown, …
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LATAM Airlines says almost all creditors support reorganization plan
by Reutersby ReutersSANTIAGO – LATAM Airlines Group SA, the largest air transport group in Latin America, said on Wednesday that it garnered support from almost all of its creditors for a reorganization …
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Hungary says its backing of EU’s Russia oil ban hinges on hundreds of millions of dollars
by Reutersby ReutersBy Krisztina Than and Marek Strzelecki BUDAPEST -Hungary upped the stakes in talks about European Union oil sanctions on Wednesday, saying a deal was out of reach until Brussels offers …
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Mediobanca says no wealth management deal in sight as profit beats consensus
by Reutersby ReutersMILAN -Mediobanca on Wednesday ruled out the prospect of a wealth management acquisition in the immediate future, after reporting higher than expected quarterly results thanks to contributions from all its …
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UK PM urged ministers to “go faster” on finding cost of living measures, says spokesman
by Reutersby ReutersLONDON – British Prime Minister Boris Johnson has urged his government to “go faster” in coming up with ways to tackle a cost of living crisis, his spokesman said on …
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(Reuters) – Russia has enough buyers for its energy resources outside of Western countries, Russian Foreign Minister Sergei Lavrov said on Wednesday, as European Union countries try to sharply reduce …
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Polish govt not expected to force banks to raise rates on deposits, mBank says
by Reutersby ReutersWARSAW – Interest rates on deposits held in Polish banks will grow due to competition, mBank CEO Cezary Stypulkowski said on Wednesday, adding he did not expect the government to …
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China’s commodities consumption to slow, no longer ‘big bulls’, says analyst Mistry
by Reutersby ReutersBy Mei Mei Chu KUALA LUMPUR – Buyers in China, the world’s second-largest palm oil importer, are “no longer big bulls” in the commodities markets as they face an economic …
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(Reuters) – Russian gas producer Gazprom said it continues shipping gas to Europe via Ukraine with volumes on Wednesday seen at 72 million cubic metres (mcm), down from 95.8 mcm …
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Broadcaster ITV says ad market will get tougher after ‘robust’ quarter
by Reutersby ReutersLONDON – British broadcaster ITV said advertising markets would get much tougher in the months ahead, reflecting the absence of last year’s European Football championship, while it was mindful of …
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(Reuters) – Federal Reserve Governor Christopher Waller said on Tuesday it is time to “hit it” on raising interest rates to deal with inflation that is too high and a …
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WASHINGTON – President Joe Biden said on Tuesday discussions are ongoing about potentially dropping U.S. trade tariffs on China that were imposed by his predecessor, Republican Donald Trump. “We’re discussing …
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ELTVILLE AM MAIN, Germany – The European Central Bank does not need at present to come up with a new tool to keep bond spreads in check and should instead …
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Singer Says NYC Jewish Museum that Canceled Ron DeSantis Event was Wrong
by Phil Stiltonby Phil StiltonLAKEWOOD, NJ – New Jersey Senator Robert Singer said Manhattan’s Museum of Jewish Heritage was wrong to cancel a planned Jewish Leadership Conference event after the museum learned that Florida …
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FRANKFURT – Farmers in Ukraine have made better-than-expected progress preparing their fields so far despite Russia’s attack on the country, the world’s largest supplier of seeds and crop chemicals, Bayer, …
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Fed’s Barkin says central bank can tweak path once its gets to neutral rate
by Reutersby Reuters(Reuters) – The U.S. Federal Reserve can assess how much more it needs to do to bring inflation back down to its 2% goal when it has raised borrowing costs …
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HARARE – Zimbabwe’s freeze on bank lending is a temporary measure which is meant to contain inflation and stabilise its economy, central bank governor John Mangudya told state television on …
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Polish PM says he will discuss global corporate tax with Yellen
by Reutersby ReutersWARSAW – Polish Prime Minister Mateusz Morawiecki said on Tuesday he would discuss global corporate tax with United States Treasury Secretary Janet Yellen when she visits Poland on Saturday. (Reporting …