Bank of England to start cutting in Q3 but strong chance of Q2 move
The Bank of England will start cutting borrowing costs in the third quarter although 40 per cent of economists saw an earlier trim, according to a Reuters poll which showed it ...
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UBS’s rescue of Credit Suisse creates new risks for Switzerland, OECD says
UBS’s (UBSG.S) rescue takeover of Credit Suisse a year ago has created “new risks and challenges” for the Swiss economy, the Organisation for Economic Cooperation and Development said ...
FCA signals watchdog open to ending to free banking in Britain
Britain’s Financial Conduct Authority “would not stand in the way” of moves to end Britain’s free banking model if lenders chose to offset rising regulation costs by charging ...
Liverpool thrash Sparta, Leverkusen, West Ham, Milan advance
Liverpool hammered Sparta Prague 6-1 on Thursday to storm into the Europa League quarter-finals 11-2 on aggregate while Bayer Leverkusen staged a dramatic turnaround to snatch victory from the jaws ...
Thousands in Israel protest for hostages release, conscription of ultra-Orthodox
Thousands in Israel took to the streets on Thursday in two separate protests, one demanding an immediate release of hostages from Gaza and another calling for drafting ultra-Orthodox Jewish men ...
EU’s Borrell says US must put more pressure on Israel over Gaza aid
European Union foreign policy chief Josep Borrell said on Thursday after meetings in Washington that the United States should put more pressure on Israel to allow more aid into Gaza, ...
UK PM Rishi Sunak rules out holding an election in early May
British Prime Minister Rishi Sunak said on Thursday that he would not hold a general election in early May, in the strongest indication yet that the national vote would take ...
France’s Macron says Europe must be ready for war if it wants peace
French President Emmanuel Macron said on Thursday Europe should prepare for war if it wants peace, calling President Vladimir Putin’s Russia an adversary that would not stop in Ukraine ...
SpaceX Starship disintegrates after completing most of third test flight
SpaceX’s Starship rocket, designed to eventually send astronauts to the moon and beyond, completed nearly an entire test flight through space on its third try on Thursday, getting farther ...
Schumer: Israel needs ‘significant course corrections’ for peace
U.S. Senate Majority Leader Chuck Schumer said on Thursday that Israel must make “significant course corrections” to achieve lasting peace with the Palestinians.
In a Senate speech he said ...
UK redefines extremism after rise in hate crimes against Jews, Muslims
Britain unveiled a new definition of extremism on Thursday in response to an eruption of hate crimes against Jews and Muslims since the Oct. 7 Hamas attacks on Israel, although critics ...
Zara-owner Inditex shares rise to record high on spring season boost
Zara-owner Inditex’s shares rose to a record high after it reported positive early spring sales, boosted by upmarket fashions and continuing the strong momentum that saw its 2023 revenue growth ...
Dua Lipa, Coldplay and SZA to headline Glastonbury
Female acts will fill two of the three headline slots at Britain’s Glastonbury Festival for the first time in June when Dua Lipa and SZA top the bill alongside ...
Ukraine calls Russia’s election on occupied territories null and void
Ukrainian foreign ministry called voting for Russia’s presidential election that is also being held in Ukraine‘s occupied territories illegal and void and called on its international partners not ...
Kremlin says Putin’s comments on nuclear weapons did not constitute a threat to use them
The Kremlin said on Thursday that comments made by Russian President Vladimir Putin in an interview to state media did not constitute a threat to use them.
Putin told the ...
Methane emissions from energy sector near record high in 2023, IEA says
Methane emissions from the energy sector remained near a record high in 2023 despite a raft of commitments from the oil and gas industry to plug leaking infrastructure, a report by ...
Atletico knock out Inter on penalties, Dortmund beat PSV
Atletico Madrid needed a penalty shootout to edge past Inter Milan and reach the quarter-finals of the Champions League after an exciting last-16 clash ended 2-2 on aggregate on Wednesday.
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Bournemouth hit back from three goals down to stun Luton
Luton Town squandered a three-goal lead to lose 4-3 at Bournemouth as they blew their chance to climb out of the Premier League relegation zone on Wednesday.
It looked so ...
TikTok ban in US is unfair says Chinese foreign ministry
There is “no fairness to speak of” in citing national security to reduce the competitive advantage of other countries, a spokesperson of the Chinese foreign ministry said on Thursday, criticising ...
UK will change law to ban foreign states from owning newspapers
Britain’s government outlined plans on Wednesday to stop foreign states from owning newspapers, potentially giving ministers the power to block Abu Dhabi-backed RedBird IMI’s bid to buy the ...
Israel says it will ‘flood’ Gaza with aid as pressure mounts to do more
Israel will try to “flood” the Gaza Strip with humanitarian aid from a variety of entry points, the main military spokesman said on Wednesday as international pressure mounted to address ...
Bank climate group members to report capital markets emissions
A U.N.-backed banking climate coalition on Wednesday released updated guidance for members requiring them to disclose more about how they plan to cut carbon emissions, including for the ...
Global corporate dividends hit record $1.66 trillion in 2023
Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks making up half of the growth, a report showed on Wednesday.
On a worldwide basis, 86 ...
Dutch politician Wilders says he is ready to forego job of prime minister
Dutch politician Geert Wilders said on Wednesday he was ready to forego the job of prime minister in an effort to facilitate the formation of a new right-wing government, nearly ...