
There’s Too Much Wine in Europe as Drinkers Shun High Prices
Europe’s wine cellars are brimming as soaring food and drink prices leave consumers buying fewer bottles. High inflation
1970-01-01 08:00

Citi Executive Backs Pause Clauses for Emerging-Market Debt
A senior banker at Citigroup Inc. said lenders need to accept so-called pause clauses to let struggling sovereign
1970-01-01 08:00

Ukraine-Russia war – live: Drone video shows Putin troop position wiped out in huge explosion
Drone footage shows the moment a Russian troop position is completely wiped out by a bomb in a huge explosion seen miles away from the impact. The clip was published by Ukraine’s defence ministry, which did not give any further details of the drone attack, although said it was carried out by the 72nd Mechanized Brigade. Earlier, president Vladimir Putin was accused of committing war crimes “on steroids” in Russia’s invasion of Ukraine. US Republican senator Lindsey Graham also warned that the threat of the Kremlin using nuclear weapons was “real”. Speaking at a joint press conference with Democrat senator Richard Blumenthal, he said: “Senator Blumenthal and I want to put everybody in this congress on notice that the threat of a use of a nuclear device by Russia is real and the best way to deter it is to give them clarity as to what happens if they do that - they will be in a war with NATO.” Read More European Union countries agree on a new package of sanctions against Russia over the war in Ukraine Jailed Putin critic Navalny launches anti-Kremlin campaign – as new trial could keep him in prison for decades Britain backs fast-track Nato membership for Ukraine
1970-01-01 08:00

Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
1970-01-01 08:00

Germany’s €11 Billion Defense Orders to Get Lawmaker Approval
German lawmakers will sign off early next month on government plans to buy 60 Boeing Co. Chinook helicopters
1970-01-01 08:00

Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
1970-01-01 08:00

EU Set to Increase Weapons Fund Used for Ukraine by €3.5 Billion
European Union member states are set to increase the size of its fund to finance weapons deliveries by
1970-01-01 08:00

France’s Macron Champions Global Taxation for Poverty, Climate
French President Emmanuel Macron called for another overhaul of the global taxation system to finance the fight against
1970-01-01 08:00

India, UK Regulators Close to Resolving Clearing House Issue
The United Kingdom government has said that Indian clearing houses overseen by the nation’s central bank meet its
1970-01-01 08:00

European shares set for worst week in three months, Siemens Energy plunges
By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced
1970-01-01 08:00

UK Firms Say Wages Add to Inflation Pressures Despite Slowdown
British businesses said staff shortages that are forcing them to drive up wages are adding to the cost
1970-01-01 08:00

Siemens Energy Falls by Record After Wind Unit’s Woes Deepen
Siemens Energy AG slumped by a record over escalating issues at Siemens Gamesa Renewable Energy SA, the latest
1970-01-01 08:00