ECB’s Holzmann leaning towards September rate hike
The European Central Bank may need to raise interest rates further, Austrian central bank chief Robert Holzmann said on Thursday, just as fresh figures showed euro zone inflation steadied in ...
Russia to block G20 declaration if its views are ignored
Russia will block the final declaration of this month’s G20 summit unless it reflects Moscow’s position on Ukraine and other crises, leaving participants to issue a non-binding or ...
Greece to launch drones, temperature sensors to better fight wildfires
Greece’s prime minister said on Thursday it would launch drones and install forest temperature sensors to improve preventive firefighting after criticism from climate activists over a devastating wildfire burning ...
Kremlin warns UK’s BAE Systems: Ukraine base could be target for Russian military
The Kremlin said on Friday it took a negative view of British defence contractor BAE Systems’ BAES.L decision to establish itself in Ukraine, adding that any facilities producing weapons ...
Flights cancelled, businesses shut in Hong Kong, Guangdong as Typhoon Saola nears
The Asian financial hub of Hong Kong and China’s neighbouring populous province of Guangdong cancelled hundreds of flights on Friday as fears of powerful Typhoon Saola forced some mainland ...
Crashed Russian mission left a crater on the moon, NASA images show
Russia’s failed Luna-25 mission left a 10-metre wide crater on the moon when it crashed last month after a problem preparing for a soft landing on the south pole, ...
ECB must gauge digital euro impact on banks before launch, Spanish official says
The European Central Bank needs to measure the impact of the digital euro on the euro zone’s banking system before any final decision on its potential launch, Spain’s ...
Turkey’s economy expanded 3.8 per cent in second quarter, set to slow
Turkey’s economy grew by a more-than-expected 3.8 per cent in the second quarter due to strong household spending, data showed on Thursday, but activity should slow through year-end as election-related ...
UK schools ordered to shut buildings over crumbling concrete
More than 150 British schools have been told to close some buildings after they were deemed unsafe, drawing anger from parents and teachers on the eve of a new term and ...
UK financial data market escapes competition probe for now
Britain’s financial watchdog has stopped short of referring parts of the financial data market to the competition authority for now despite concerns over the power of large companies, it ...
Ukrainian drone attacks Russian town near major nuclear plant
A Ukrainian drone attacked a town in western Russia which is home to one of the country’s biggest nuclear power stations, though there was no damage reported to the ...
Former Proud Boys leader gets 17 year terms for US Capitol attack
A federal judge on Thursday sentenced former far-right Proud Boys leaders Joseph Biggs to 17 years in prison and his co-defendant Zachary Rehl to 15 years, after a jury convicted them of ...
Back in the big time, Britain’s M&S rejoins blue-chip index
Marks & Spencer (MKS.L) will rejoin Britain’s FTSE 100 (.FTSE) stock index after a four-year hiatus, it was confirmed on Wednesday, capping a return to fashion for the food ...
African Union suspends Gabon’s membership after military coup
The African Union on Thursday suspended Gabon’s membership one day after military officers ousted President Ali Bongo, the first regional response to the eighth coup in West and Central ...
China’s Xi likely to skip G20 summit in India -sources
Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India next week, sources familiar with the matter in India and China told Reuters, a development ...
US-led coalition urges calm in northeast Syria after clashes between Arab tribes, Kurdish-led force
The U.S.-led coalition fighting the Islamic State group called on Thursday for an end to clashes in northeast Syria, where the Kurdish-led force it backs has been locked ...
Trump pleads not guilty to Georgia election subversion, seeks separate trial
Former U.S. President Donald Trump pleaded not guilty on Thursday to a Georgia criminal indictment accusing him of trying to overturn his 2020 election defeat and asked to be tried ...
Russia faces domestic fuel crunch, braces for more shortages
Russia, one of the world’s biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of its southern breadbasket and the situation may ...
Ukraine tells critics of slow counteroffensive to ‘shut up’ (wrapup)
Ukraine told critics of the pace of its three-month-old counteroffensive to “shut up” on Thursday, the sharpest signal yet of Kyiv’s frustration at leaks from Western officials that say ...
Lukashenko: demands by Poland and Baltics for Wagner to quit Belarus ‘stupid’
Belarusian President Alexander Lukashenko said demands by Poland and the Baltic states for the withdrawal of Russia’s Wagner mercenary group from Belarus were “groundless and stupid”, Belarusian state news ...
Avoiding catastrophe, Florida’s Gulf Coast begins cleanup from Hurricane Idalia
Cleanup and recovery from Hurricane Idalia began on Thursday along Florida’s Gulf Coast, where property damage, loss of life and power disruptions paled in comparison to the last major ...
UK business optimism at 18-month high on hopes for rate hike pause
British companies are their most confident since before Russia’s invasion of Ukraine, according to a survey that also showed they planned to keep on raising prices and staff pay, ...
Palestinian trucker shot dead after killing Israeli soldier in ramming attack
A Palestinian truck driver killed an Israeli soldier in a ramming attack on a checkpoint on the boundary with the occupied West Bank on Thursday, and was shot dead during ...
Wallace confirms resignation as UK defence minister, Grant Schapps to replace him
Former energy minister Grant Shapps replaced Ben Wallace on Thursday as Britain’s defence minister, a promotion for a man relied upon by the government as a good media communicator ...