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European, U.S. bank shares recoup some losses; sector braces for slew of sanctions
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Ukraine reports higher Chernobyl radiation after Russians capture plant
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Euro zone government bond yields rise, focus on ECB
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Does the government’s plan for ‘levelling up’ go far enough for education?
Erdogan says NATO, Western reaction to Russian attack not decisive
Date: February 25, 2022
By Tuvan Gumrukcu ANKARA (Reuters) – Turkish President Tayyip Erdogan said on Friday that reaction from NATO and Western countries to Russia’s assault on Ukraine had not been decisive, adding he hoped a NATO summit on Friday would lead to a more determined approach from the alliance. NATO member Turkey borders Ukraine and Russia in...
Global oil tanker rates jolt higher on high fuel prices, risk premiums
Date: February 25, 2022
By Koustav Samanta, Florence Tan and Laura Sanicola SINGAPORE (Reuters) -Oil tanker rates are soaring globally as traders scramble to cope with jitters over possible disruption in Russian supplies, as well as war risk premiums for ships plying the Mediterranean region following Moscow’s invasion of Ukraine. Shipowners are also grappling with higher fuel costs after...
Analysis-Geopolitical clouds gather over Europe’s climate change plans
Date: February 25, 2022
By Kate Abnett BRUSSELS (Reuters) – Soaring energy prices and a geopolitical crisis over Russia’s invasion of Ukraine are looming over the European Union’s attempts to agree a raft of tougher climate change laws, raising concerns that some could be delayed or scaled back. In the weeks after the European Commission unveiled the world’s biggest...
Exclusive-Italy eyes bourse rules shake-up to boost Milan’s allure, document shows
Date: February 25, 2022
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is looking at overhauling listing, voting and other rules to address the “chronic delays” holding back the country’s capital markets and boost Milan’s ability to compete with European peers, a Treasury document seen by Reuters showed. With an overall capitalisation of 800 billion euros ($890...
EU ready to take economic pain of imposing sanctions on Russia
Date: February 25, 2022
By Leigh Thomas and Jan Strupczewski PARIS (Reuters) -The European Union is ready to bear the economic pain of imposing sanctions on Russia, which is likely to come mainly from higher energy prices, top EU finance officials said on Friday. EU leaders agreed on Thursday to impose new sanctions on Russia’s financial, energy and transport...
EU promises further sanctions as Ukraine’s president pleads for more
Date: February 25, 2022
By Gabriela Baczynska and Philip Blenkinsop BRUSSELS (Reuters) -The European Union is planning a third round of sanctions against Moscow, an EU official said on Friday, minutes after Ukraine’s president pleaded with the bloc for faster and more forceful steps to punish Russia for its invasion of his country. The official said that ambassadors of...