FRANKFURT (Reuters) – The European Central Bank will have to raise interest rates several more times to tame price pressures,…
The rise and fall of Wirecard
(Reuters) – Payments company Wirecard collapsed in 2020 in Germany’s biggest post-war fraud scandal. A trial will start in Munich…
Wirecard in the dock as Germany’s biggest fraud trial starts
By Jörn Poltz and Christian Kraemer MUNICH/BERLIN (Reuters) – Former Wirecard executives go on trial on Thursday, two years after…
World Bank approves Sri Lanka’s concessional funding request
COLOMBO (Reuters) – The World Bank has approved crisis-hit Sri Lanka’s request to access concessional financing from the International Development…
U.S. Army awards Black Hawk replacement contract to Textron’s Bell
By Idrees Ali and Mike Stone WASHINGTON (Reuters) -The U.S. Army on Monday awarded the contract for its next-generation helicopter…
Facebook owner Meta may remove news from platform if U.S. Congress passes media bill
By David Shepardson WASHINGTON (Reuters) – Facebook parent Meta Platforms Inc on Monday threatened to remove news from its platform…
Australia government spending dips in Q3, minor drag on GDP
SYDNEY (Reuters) – Australian government spending dipped 0.6% in the September quarter due to a pullback in investment, an unexpected…
Yellen sees key role for Treasury’s racial equity council despite Republican criticism
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said a new racial equity advisory committee,…
U.S. railroad investor resolutions urge paid sick leave for workers
By Ross Kerber (Reuters) – Investors have proposed shareholder resolutions at two U.S. railroads calling for paid sick leave for…
Russian oil sanctions fuel boom for old tankers
By Julia Payne and Jonathan Saul LONDON (Reuters) – The market for old oil tankers is booming, and it’s all…