LONDON (Reuters) -Britain said it would on Tuesday introduce new economic, trade and transport sanctions on Belarus over its support for Russia’s invasion of Ukraine, and also sanctioned six Russians it said were spreading disinformation. The Belarus package will include import and export bans on goods worth around 60 million pounds ($73 million), including on …
UK to introduce new sanctions on Belarus and Russian media Read More »
MADRID (Reuters) – An Easyjet flight heading from London to the Spanish holiday island of Menorca on Sunday was escorted to its destination by a Spanish fighter jet after a British teenager onboard made a bomb threat on social media, police said on Monday. The 18-year-old, who was travelling with five friends, spent the night …
Easyjet plane to Spain’s Menorca escorted by fighter jet after bomb hoax Read More »
By Markus Wacket BERLIN (Reuters) – The German government will be able to buy stakes in energy companies buckling under the cost of soaring gas import prices, according to draft legislation seen by Reuters, as Berlin bolsters its defences in a deepening economic war with Moscow. The amended law, which may come before parliament this …
Germany to overhaul law to bail out energy firms stricken by Russia woes – draft Read More »
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank’s biggest shareholder, Germany’s Bundesbank, laid out its conditions for providing fresh support to the euro zone’s most indebted countries on Monday after opposing such aid at an emergency meeting last month. ECB policymakers pledged to buy more bonds from debt-laden countries such …
ECB top shareholder Germany lays out conditions for aid to indebted states Read More »
DUBLIN (Reuters) – Ireland collected 25% more tax in the first half of the year than the same period in 2021 following another bumper month for corporate and income tax receipts that widened the rolling budget surplus, the finance ministry said on Monday. The increase was driven again by the corporate tax that is mainly …
Irish H1 tax revenues up 25% year-on-year, surplus grows Read More »
By Claudia Cristoferi MILAN (Reuters) -Leonardo del Vecchio’s right-hand man on Monday took the reins of the 27 billion euro ($28 billion) holding company left behind by the Italian eyewear billionaire who died last week. Del Vecchio’s departure raised questions over the fate of some of his assets, in particular his stakes in financial firms …
Ray-Ban owner’s close aide takes reins of business empire Read More »
By Devik Jain and Susan Mathew (Reuters) -European shares rose on Monday as the oil and gas sector marked its best session in two months, while bleak euro zone investor morale kept sentiment in check ahead of the European Central Bank’s plan to start hiking interest rates this month. The continent-wide STOXX 600 index was …
Energy shares boost European equities but recession fears cap gains Read More »
By Sruthi Shankar (Reuters) -Britain’s top share index climbed on Monday as stable crude prices boosted oil stocks, while investors were waiting for the earnings season to pick up pace to assess the hit to profits from surging prices and higher interest rates. The blue-chip FTSE 100 closed 0.9% up and the domestically focussed FTSE …
Oil stocks lift FTSE 100; Grafton Group drags FTSE 250 lower Read More »
FRANKFURT (Reuters) – The European Central Bank plans to gradually revamp its 344 billion euro ($358 billion) corporate debt portfolio to favour greener firms, it said on Monday, taking another step in aligning monetary policy with climate change goals. The ECB has long said that the fight against climate change is crucial in maintaining financial …
ECB to revamp corporate debt holdings to favour greener firms Read More »
BERLIN (Reuters) – Volkswagen and Bosch may begin jointly developing automated driving technology, the German cartel office said on Monday, adding that it would continue to monitor the companies’ cooperation. “It is the task of the cartel office to maintain competition already at the level of research and development, as this is where the foundations …
German cartel office allows VW, Bosch to start automated driving cooperation Read More »
