Staying the course: Five questions for the ECB
The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does after that is less certain.
ECB President Christine Lagarde, ...
British beer-maker stockpiling malt to try to beat price squeeze
At the Milton Brewery in eastern England, Richard Naisby’s warehouse is jammed full of pallets stacked high with sacks of malt, a key ingredient for his traditional cask beers.
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Turkey to host summit of gas buyers, sellers next month
Turkey will hold a natural gas summit on Feb. 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on ...
Boris Johnson says Putin threatened him with missile strike
Former British Prime Minister Boris Johnson has said Russian President Vladimir Putin threatened him with a missile strike during a phone call in the run-up to the invasion of Ukraine.
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US issues another warning of possible terrorist attacks in Turkey
The US embassy in Turkey warned Americans on Monday of possible attacks against churches, synagogues, and diplomatic missions in Istanbul, marking its second such notice in four days, following Koran-burning ...
Turkey to reject Sweden’s NATO bid, may agree to Finland joining
Turkish President Tayyip Erdogan signalled that Ankara may agree to Finland joining NATO ahead of Sweden, amid growing tensions with Stockholm.
“We may deliver Finland a different message (on their ...
EV maker Lucid surges on report Saudi PIF to buy remaining stake
Lucid Group’s (LCID.O) shares surged 43 per cent on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out ...
Eight shot dead at birthday party in South Africa
Eight people were shot dead and another three injured in a mass shooting at a birthday party in South Africa’s Eastern Cape province on Sunday, police said on Monday.
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Nigeria launches domestic card scheme in cashless bid
Nigeria’s central bank on Thursday launched a domestic card scheme to rival foreign cards like Mastercard and Visa, hoping to enhance its drive to make Africa’s biggest economy ...
Boeing’s 747, the original jumbo jet, prepares for final send-off
Boeing’s BA.N 747, the original and arguably most aesthetic “Jumbo Jet”, revolutionized air travel only to see its more than five-decade reign as “Queen of the Skies” ended by ...
Blinken begins Middle East trip amid spate of violence
U.S. Secretary of State Antony Blinken arrived in the Middle East on Sunday, beginning a three-day visit as violence flares between Israelis and Palestinians, and with Iran and the ...
Strikes will disrupt public transport in France on Tuesday
Public transport in France will be heavily disrupted on Tuesday due to labour union strikes protesting the government’s planned changes to pension, Transport Minister Clement Beaune said on Sunday.
“...
Over 40 killed in Pakistan bus crash, 10 children drown when boat capsizes
More than 40 people were killed after a bus fell into a ravine and caught fire in the southern Pakistani province of Balochistan on Sunday, officials said.
On the same day ...
Kremlin: Putin open ‘to contacts’ with Germany’s Scholz
Russian President Vladimir Putin is open to contacts with German Chancellor Olaf Scholz though has no phone call scheduled with him, a Kremlin spokesman told the state RIA Novosti news ...
Sunak fires party chairman Zahawi after breach of ministerial code (Update 2)
British Prime Minister Rishi Sunak fired the Conservative Party chair Nadhim Zahawi from government on Sunday after an investigation found he had been insufficiently open about a tax probe which ...
Top U.S. Treasury official to warn Turkey, UAE over sanctions evasion
The U.S. Treasury Department’s top sanctions official on a trip to Turkey and the Middle East next week will warn countries and businesses that they could lose access ...
Strong quake in northwest Iran kills at least three people
An earthquake with a magnitude of 5.9 struck northwest Iran near the border with Turkey on Saturday, killing at least three people and injuring more than 300, state media reported.
The official ...
Israel promises swift response to synagogue shooting
Israel’s Prime Minister Benjamin Netanyahu pledged on Saturday a “strong, swift and precise” response to a deadly Palestinian shooting attack near a synagogue on Jerusalem’s outskirts, as its ...
Ukraine in talks with allies about getting long-range missiles
Expedited talks are under way among Kyiv and its allies about Ukraine’s requests for long-range missiles that it says are needed to prevent Russia from destroying Ukrainian cities, a ...
Zelenskiy decries neutrality in sports at time of war
Ukraine’s President Volodymyr Zelenskiy condemned the idea of neutrality in sports at a time when his country’s athletes fight and die in war, while their Russian counterparts might ...
New Zealand roiled by flash floods, landslides for third day
New Zealand‘s death toll from heavy rain rose to four on Sunday as flash floods and landslides on the north island continued for a third day.
Battered since Friday, ...
Offshore wind farms move ahead full sail with underwater help
Europe is striving to cut the costs of operating wind turbines on water.
By Michael Allen
Off the coast of Portugal, a team of underwater robots is scanning the base ...
Gold subdued as US data backs Fed rate stance
Gold edged lower on Friday as robust US economic data was seen as fodder for the Federal Reserve to keep interest rates high for longer, but caution ahead of inflation ...
Italy’s Meloni in Libya to conclude $8 billion gas deal
Italian Prime Minister Giorgia Meloni visited Tripoli on Saturday to conclude an $8 billion gas deal aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the ...