By Francesco Guarascio BRUSSELS (Reuters) -European Union envoys are set to approve on Thursday a ban on Russian coal that would take full effect from mid-August, a month later than initially planned, two EU sources told Reuters, following pressure from Germany to delay the measure. The phase-out of EU imports of Russian coal is the …
EU’s full ban on Russian coal to be pushed back to mid-August -sources Read More »
By Joice Alves LONDON (Reuters) – Sterling rose versus the euro on Thursday to an almost two-week high against the single currency with upcoming French elections adding to jitters that have put the euro under pressure since the beginning of the war in Ukraine. The pound fell 0.25% to touch its highest level of 83.15 …
Sterling hits almost two-week high versus weakening euro Read More »
LONDON (Reuters) – British consumers’ spending on credit and debit cards rose by 6 percentage points in the week to March 31 to 4% above its pre-COVID level, weekly figures from Britain’s Office for National Statistics showed on Thursday. The weekly spending figures – based on card payment data collected by the Bank of England …
UK consumer spending rises to 4% above pre-COVID-19 level – ONS Read More »
By Foo Yun Chee BRUSSELS (Reuters) – The EU’s top court on Thursday cleared the way for passengers to seek compensation for delayed flights from non-EU airlines operating flights on behalf carriers from within the bloc. The ruling from the Luxembourg-based Court of Justice of the European Union (CJEU) is the latest to boost passengers’ …
Non-EU airlines liable for compensation for delays, EU’s top court says Read More »
By Susan Mathew (Reuters) -European shares on Thursday recovered from a selloff, as healthcare stocks surged to a record high even though risks from a hawkish Federal Reserve and Washington’s new sanctions on Russia kept investors on edge. The pan-European STOXX 600 index rose 0.3% after losing 1.5% in their worst session in a month …
European shares rise as investors play safe with defensive stocks Read More »
By David Lawder and Dan Burns (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that Russia should be expelled from the Group of 20 major economies forum, and the United States will boycott “a number of G20 meetings” if Russian officials show up. Her comments at a U.S. House Financial Services Committee hearing …
Yellen says Russia should be expelled from G20, U.S. may boycott some meetings Read More »
By Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Federal Bureau of Investigation has wrested control of thousands of routers and firewall appliances away from Russian military hackers by hijacking the same infrastructure Moscow’s spies were using to communicate with the devices, U.S. officials said on Wednesday. An unsealed redacted affidavit described the unusual operation as …
By Nandita Bose, Matt Spetalnick and Alexandra Alper WASHINGTON (Reuters) -The United States targeted Russian banks and elites with a new round of sanctions on Wednesday, including banning Americans from investing in Russia, in response to what President Joe Biden condemned as “major war crimes” by Russian forces in Ukraine. The new sanctions hit Russia’s …
Russia hit with new round of U.S. sanctions as Biden decries ‘major war crimes’ Read More »
By Karin Strohecker LONDON (Reuters) -Russia edged closer to a potential default on its international debt on Wednesday as it paid dollar bondholders in roubles and said it would continue to do so as long as its foreign exchange reserves are blocked by sanctions. The United States on Monday stopped Russia from paying holders of …
Russia edges close to default on debt, pays bondholders in roubles Read More »
By Carolyn Cohn, Pamela Barbaglia and Valentina Za LONDON (Reuters) -A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest insurer loses by a narrow margin in a shareholder vote this month, the candidate to the chairman role said. In an interview with Reuters, …
Rebel Generali investor ready for legal action in case of narrow AGM board defeat Read More »
