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As Britons thank Queen Elizabeth for 70 years, monarchy looks to future
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Marketmind: “Super bad feeling”
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Column-ECB rates pledge spurs punchy hedge fund euro bets: McGeever
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WTO seeks fish, vaccine deals as war ignites trade tensions
Confronting the inflation beast: Five questions for the ECB
Date: June 6, 2022
By Dhara Ranasinghe, Tommy Wilkes and Saikat Chatterjee LONDON (Reuters) – The European Central Bank looks all but certain to announce on Thursday that its years of bond-buying stimulus are over and that high inflation means interest rate rises are imminent. Markets want more clarity on what comes next, and whether policy tightening might be...
Explainer-Russia walks the plank to a foreign bond default
Date: June 6, 2022
By John O’Donnell and Sujata Rao FRANKFURT (Reuters) -Russia’s failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country another step closer to its first default on international bonds since the Bolshevik revolution more than a century ago. On Friday, the European Union expanded sanctions on Russia,...
Czech central bank chief: another rate hike is likely, by 75 bps or more
Date: June 6, 2022
PRAGUE (Reuters) – The Czech National Bank looks likely to raise interest rates again at its June 22 meeting as developments in economy are still inflationary, Governor Jiri Rusnok was quoted as saying on Monday. The Czech central bank has raised its main two-week repo rate by 550 basis points to 5.75% over the past...
Boeing chief says no plan for equity raise
Date: June 3, 2022
By Aishwarya Nair and Eric M. Johnson (Reuters) -Boeing Co Chief Executive Dave Calhoun said on Friday the U.S. planemaker has no current plans to tap equity markets, and signaled a wait of at least two years before launching a new aircraft program. “There is no plan for an equity raise,” Calhoun told a conference...
Depository Russia planned to service Eurobonds halts euro transactions
Date: June 3, 2022
(Reuters) -Russia’s National Settlement Depository (NSD), which Moscow had planned to use to service the country’s Eurobonds, will suspend transactions in euros after the European Union added the entity to its extended sanctions list, the NSD said on Friday. Earlier this week, Russia said it was replacing Citibank, which has stopped servicing the country’s Eurobonds,...
EU blacklists “butchers” of Bucha and Mariupol in latest Russia sanctions
Date: June 3, 2022
By Gabriela Baczynska BRUSSELS (Reuters) – The European Union on Friday blacklisted Russian military commanders who it said led troops involved in atrocities in Ukraine, describing them as the “butchers” of Bucha and Mariupol. Its latest sanction list also included Alina Kabaeva, whom it described as “closely associated” with President Vladimir Putin, although he has...