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Image for U.N. to vote on suspending Russia from human rights body

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U.N. to vote on suspending Russia from human rights body

Image for Tesco gives employees 5.8% pay rise amid cost of living crunch

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Tesco gives employees 5.8% pay rise amid cost of living crunch

Image for ECB policymakers keen to roll back stimulus amid high inflation: accounts

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ECB policymakers keen to roll back stimulus amid high inflation: accounts

Image for Lukashenko says there must be no Ukraine deal ‘behind Belarus’s back’

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Lukashenko says there must be no Ukraine deal ‘behind Belarus’s back’

Image for Factbox-Atlantia’s main shareholders and businesses

Factbox-Atlantia’s main shareholders and businesses

Date: April 7, 2022

MILAN (Reuters) – Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder the Banettons, the two funds said. Shares in Atlantia, which has a market capitalization of over 16 billion euros ($17.5 billion), surged 10% on Thursday as the...

Image for Russia says Ukraine presented ‘unacceptable’ draft peace deal

Russia says Ukraine presented ‘unacceptable’ draft peace deal

Date: April 7, 2022

(Reuters) -Russian Foreign Minister Sergei Lavrov said on Thursday that Kyiv had presented Moscow with a draft peace deal that contained “unacceptable” elements, but that Russia would nonetheless continue talks and press to secure its own requirements. The Kremlin has said that peace talks between Moscow and Kyiv are not progressing as rapidly as it...

Image for Bank of Spain urges banks to monitor risks, keep provisions amid Ukraine conflict

Bank of Spain urges banks to monitor risks, keep provisions amid Ukraine conflict

Date: April 7, 2022

MADRID (Reuters) – The Bank of Spain told lenders on Thursday to adequately monitor credit risks of some of their customers most exposed to the economic impact from Russia’s invasion of Ukraine and urged banks not to release provisions given the current uncertainty. “In view of the new shock, we will have to closely...

Image for Euro zone inflation to run hot, fan recession risk: Reuters poll

Euro zone inflation to run hot, fan recession risk: Reuters poll

Date: April 7, 2022

By Swathi Nair BENGALURU (Reuters) – Recession risks in the euro area are rising, with euro zone inflation seen running hot for the remainder of 2022 and the European Central Bank likely to increase its deposit rate by year-end, a Reuters poll showed. While inflation hit another record high of 7.5% in March, it is...

Image for Dollar heads towards 2-year high after Fed aids greenback bulls

Dollar heads towards 2-year high after Fed aids greenback bulls

Date: April 7, 2022

LONDON (Reuters) – The dollar was heading towards a two-year high against a basket of major currencies on Thursday after meeting minutes showed the Federal Reserve preparing to move aggressively to fight inflation, while commodity-linked currencies fell further. The euro remained near a one-month low below $1.09 as investors await European Central Bank minutes due...

Image for Elon Musk’s arrival stirs fears among some Twitter employees

Elon Musk’s arrival stirs fears among some Twitter employees

Date: April 7, 2022

By Sheila Dang (Reuters) -News of Tesla Chief Executive Elon Musk taking a board seat at Twitter has some Twitter employees panicking over the future of the social media firm’s ability to moderate content, company insiders told Reuters. Within hours of the surprise disclosure this week that Musk, a self-described “free speech absolutist,” acquired enough...