By Sruthi Shankar and Shristi Achar A (Reuters) – The UK’s main stock indexes rose on Thursday after the Bank of England (BoE) said inflation had probably peaked and forecast a shallower recession in 2023 after raising interest rates in line with expectations. The blue-chip FTSE 100 rose 0.8%, hitting its highest level in two …
UK stocks hold gains after BoE hints rates near peak; FTSE 250 jumps Read More »
By Belén Carreño and Ahmed Eljechtimi RABAT (Reuters) -Spain and Morocco have agreed to set aside their differences, Spanish Prime Minister Pedro Sanchez said on Thursday, as they seek to repair a relationship marked by frequent disputes over migration and territory. Sanchez was speaking at a summit in Rabat where the two countries signed as …
Spain, Morocco seek reset of testy relationship at Rabat summit Read More »
By Natalie Grover LONDON (Reuters) -Europe’s drug regulator has decided not to label the antibiotic shortage on the continent a “major event”, given existing measures to tackle the shortfall were working in the short term, it said in a statement on Thursday, A “major event” label would allow the European Medicines Agency (EMA) to coordinate …
EU drug regulator decides antibiotic shortage not a ‘major event’ Read More »
By Karen Brettell NEW YORK (Reuters) – The euro dipped against the dollar on Thursday after the European Central Bank (ECB) hiked interest rates by a widely expected 50 basis points and offered no new hawkish surprises, while the Bank of England (BofE) adopted a more dovish tone on inflation. The ECB penciled in at …
By Nerijus Adomaitis, Janis Laizans and Gwladys Fouche OSLO (Reuters) – A former commander of Russia’s Wagner mercenary group who fled to Norway told Reuters he wanted to apologise for fighting in Ukraine and was speaking out to bring the perpetrators of crimes to justice. Andrei Medvedev, who crossed the Russian-Norwegian border on Jan. 13, …
Former Wagner commander says he is sorry for fighting in Ukraine Read More »
By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European Central Bank and Bank of England followed the U.S. Federal Reserve in extending one of fastest rise in global interest rates on record. Despite the harmony of hikes, traders were holding on to …
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one more hike of the same magnitude next month, reaffirming it would stay the course in the fight against high inflation. But financial markets immediately interpreted the move as suggesting …
ECB raises rates, signals at least one more hike Read More »
By Noah Browning LONDON (Reuters) -Oil prices were steady on Thursday as looming sanctions on Russian oil products added uncertainty over supply but the dollar lost value in a boost to the oil trade. Brent crude futures fell 18 cents, or 0.2%, to $82.66 a barrel by 1415 GMT while West Texas Intermediate (WTI) U.S. …
Oil steady as Russian oil products ban looms, dollar falls Read More »
By Jibran Ahmad and Saud Mahsud PESHAWAR, Pakistan (Reuters) – The suicide bomber who killed more than 100 people at a mosque in a police compound in the Pakistan city of Peshawar this week wore a police uniform and entered the high security area on a motorbike, a provincial police chief said on Thursday. The …
Pakistan says mosque bomber wore police uniform, breached security on motorbike Read More »
OTTAWA (Reuters) -The Canadian parliament on Wednesday unanimously voted in favor of a non-binding proposal for the resettlement of 10,000 Uyghur Muslim refugees from China’s Xinjiang region into Canada over two years. The House of Commons voted 322-0 for Liberal member of parliament Sameer Zuberi’s bill, which also called on the government to recognize that …
Canadian lawmakers back resettlement of 10,000 Uyghur Muslims Read More »
