By Essi Lehto HELSINKI (Reuters) -The European Union is pressing ahead with a ninth sanctions package on Russia in response…
Foxconn apologises for pay-related error at China iPhone plant after worker unrest
By Yimou Lee and Brenda Goh TAIPEI/SHANGHAI (Reuters) – Foxconn said on Thursday a pay-related “technical error” occurred when hiring…
G7 to discuss Ukraine winter aid in Bucharest next week, Germany says
BERLIN (Reuters) – Foreign ministers from the Group of Seven (G7) will discuss how to further support Ukraine in ensuring…
ECB’s Schnabel pushes back on smaller rate hikes
LONDON (Reuters) – European Central Bank board member Isabel Schnabel pushed back on Thursday against calls from many of her…
BoE won’t accept interference over interest payments to banks – Pill
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England will not accept interference with the system of…
Euro area inflation likely near its peak, ECB’s De Guindos says
MILAN (Reuters) – Inflation in the euro area will hover around its current level over the next few months before…
China and India easing away from Russian crude oil may be temporary: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -There are signs that China and India are pulling back from buying Russian crude…
Postal Savings Bank of China to provide $39 billion of property sector financing
BEIJING (Reuters) – Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion)…
Slovak police renew bribery charge against central bank governor Kazimir – lawyer
(Reuters) -Slovak police have resurrected a bribery charge against Slovak central bank Governor and European Central Bank policymaker Peter Kazimir,…
Deutsche Bank CEO warns of reliance on government aid packages
BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the…