JPMorgan CEO Dimon warns of recession in 6 to 9 months – CNBC
JPMorgan Chase & Co JPM.N Chief Executive Jamie Dimon said the United States and the global economy could tip into a recession by the middle of the next year, ...
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Biden condemns Russian missile strikes, says U.S. will continue to impose costs
U.S. President Joe Biden condemned Monday’s widespread Russian missile attacks in Ukraine, saying they targeted civilians and served no military purpose, and vowed that the United States and ...
Red Bull, Aston Martin breached F1 budget cap in 2021
Formula One world champion Max Verstappen’s Red Bull team breached last year’s cost cap rules with a ‘minor overspend’, the governing FIA said in a statement on Monday.
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Sweden won’t share Nord Stream investigation findings with Russia – PM
Sweden won’t share findings of the investigation into the explosions of the Nord Stream gas pipelines with Russian authorities or Gazprom GAZP.MM, Swedish Prime Minister Magdalena Andersson said ...
Blackouts after Russian strikes deepen Ukraine’s concerns before winter, electricity exports halted
Russian missile strikes on Ukraine’s power network caused blackouts in many parts of the country on Monday, deepening fears of outages this winter and prompting Kyiv to halt electricity ...
Air France, Airbus face angry families in AF447 crash trial
A French criminal court opened the historic manslaughter trial of Air France AIRF.PA and planemaker Airbus AIR.PA on Monday, with angry relatives demanding justice more than 13 years after ...
EU countries eye deal on more energy measures within weeks
European Union countries will seek a November deal on more emergency measures to tackle high gas prices, officials said, although countries still disagree on what form those measures would take ...
Iran intensifies crackdown in Kurdish cities as unrest persists
Iranian security forces intensified a crackdown on anti-government protests in several Kurdish cities on Monday, social media posts and videos showed, pressing efforts to quell unrest ignited by the death ...
Sweden-Poland power cable to restart at midnight on Monday – grid operator
Power transmission through a 600 megawatt (MW) undersea cable between Sweden and Poland was expected to resume by midnight on Monday after suffering an unplanned outage on Sunday evening, Polish power ...
Austria seeks allies for legal challenge to EU green investment rules
Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and nuclear power as “green”.
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Germany girds for gas supply pain, targets $93 billion price relief plan
Germany on Monday said it plans to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned that the supply ...
U.N. refugee boss warns of ‘severe cuts’ without immediate new funding
The U.N. refugee agency will have to make “severe cuts” unless it gets extra funding soon, its chief said on Monday, warning cuts could lead to more malnutrition and ...
Injured Messi ruled out of PSG’s Champions League game against Benfica
Paris St Germain forward Lionel Messi will not be involved against Benfica on Tuesday after failing to recover from a calf injury in time for the Champions League group stage ...
Putin may meet Erdogan to discuss idea of Russia-West talks
President Vladimir Putin may meet Turkish President Tayyip Erdogan this week to discuss a Turkish proposal to host talks between Russia and the West on Ukraine, the Kremlin said on ...
Arsenal loss leaves Klopp’s Liverpool scrambling to keep up
Liverpool twice came from behind against Arsenal but lost 3-2 at the Emirates Stadium in a thriller on Sunday, with manager Juergen Klopp not looking at the table as his ...
Gasly thankful to be alive after Japanese GP scare
Pierre Gasly blasted officials and said he could have died in Sunday’s Japanese Grand Prix after a recovery tractor was on the track while he was still lapping at ...
Japan reopens to tourists with shuttered souvenir shops, hotel staff shortage
As Japan throws open its doors to visitors this week after more than two years of pandemic isolation, hopes for a tourism boom face tough headwinds amid shuttered shops and ...
Banking crisis breakthroughs win Nobel economics prize for Bernanke, Diamond, Dybvig
A trio of U.S. economists including Former Federal Reserve chief Ben Bernanke won this year’s Nobel Economics Prize on Monday for laying the foundation of how the world ...
Belarus, Russia to form joint military group, Lukashenko says
Belarusian leader Alexander Lukashenko said Belarus and Russia will deploy a joint military task force in response to what he called an aggravation of tension on the country’s western ...
Union rejects TotalEnergies offer as petrol stations in France run dry
The strikes that have hit French oil refineries and storage sites will continue on Monday, with workers at TotalEnergies TTEF.PA and ExxonMobil’s XOM.N Esso France sticking to ...
British banks’ mortgage payday comes with sting in the tail
While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country’s banks are in line for a handsome payday as ...
BoE doubles size of bond buy-backs as emergency plan nears expiry
The Bank of England moved to ease concerns about the expiry at the end of this week of its emergency programme to calm turmoil in the government bond market, including ...
Oil falls as investors take profit amid China demand concerns
Oil prices fell on Monday, snapping five days of gains, as investors took profits after a report on slowing economic activity in China, the world’s biggest crude importer, re-ignited ...
Turkish unemployment rate falls to 9.6 per cent in August
Turkey’s unemployment rate dropped 0.4 percentage points month-on-month to 9.6 per cent in August, while a seasonally adjusted measure of labour under-utilisation fell to 19.8 per cent, data showed on Monday.
The ...