BERLIN (Reuters) – Germany’s Transport Minister Volker Wissing rejected calls for a quick agreement with the European Commission over a phase-out of combustion engines after 2035, saying Germany needs a backup before agreeing to EU plans. After months of negotiations, EU countries and the European Parliament agreed the law last year. But Germany’s Transport Ministry …
By Andrew MacAskill, Alistair Smout and Michael Holden LONDON (Reuters) -A combative Boris Johnson fought for his political career on Wednesday, as the former British prime minister said “hand on heart” he did not lie to parliament over COVID-19 lockdown parties at a hearing with lawmakers. Parliament’s Committee of Privileges is investigating whether Johnson, who …
Boris Johnson says ‘I did not lie’ over lockdown parties Read More »
By Tatiana Bautzer and Chris Prentice NEW YORK (Reuters) – A “bull case” scenario for the shares of beleaguered First Republic Bank as it considers its options became more difficult on Wednesday after Treasury Secretary Janet Yellen said there is no discussion on insurance for all bank deposits without approval from the U.S. Congress. First …
LONDON (Reuters) – Britain’s Prince William made an unannounced trip to Poland on Wednesday to thank British and Polish troops involved in providing support to Ukraine, before meeting refugees who have fled the conflict with Russia to hear of their experiences. The heir-to-the throne travelled to Rzeszow in southeast Poland where he was to meet …
UK’s Prince William visits troops in Poland on surprise trip Read More »
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said banking industry stress could trigger a credit crunch with “significant” implications for an economy that U.S. central bank officials projected will slow even more this year than previously thought. Banks either hit with sudden deposit outflows or worried …
Fed sees credit drawdown looming, shifts towards pause on rate hikes Read More »
By Nandita Bose, Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -JPMorgan Chief Executive Jamie Dimon met Lael Brainard, the director of the White House National Economic Council on Wednesday, while in Washington this week, according to a person familiar with the situation. The meeting agenda was unclear. Brainard met with a range of business …
Exclusive-JPMorgan CEO Dimon met White House’s Brainard during D.C. trip -source Read More »
By Isla Binnie UNITED NATIONS (Reuters) -The United Nations used its first conference on water security in almost half a century on Wednesday to exhort governments to better manage one of humanity’s shared resources. A quarter of the world’s population relies on unsafe drinking water while half lacks basic sanitation, the U.N. said. Meanwhile, nearly …
UN warns ‘vampiric overconsumption’ is draining world’s water Read More »
(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing $1,276 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 7% from the year’s high of $28,936 on March 22. Ether, the coin linked to the ethereum blockchain network, dropped 4.67 % to $1,722.6 on Wednesday, losing $84.3 …
By Madeline Chambers BERLIN (Reuters) -A German police officer was shot and wounded during raids on properties across the country linked to investigations into the far-right Reichsbuerger movement which is accused of plotting to overthrow the government, prosecutors said on Wednesday. One person, identified as Markus L., was detained on suspicion of several counts of …
Police officer shot during raids in German Reichsbuerger probe Read More »
NAPLES (Reuters) – Gareth Southgate has challenged his England players to shake off the disappointment of losing in the World Cup quarter-finals by claiming a rare victory away to Italy on Thursday. Southgate’s side’s first game since bowing out to France in Qatar is a clash with the European champions in Naples as the two …
Soccer-Southgate wants England to create another piece of history in Naples Read More »
