No breakthrough as EU’s Borrell holds crisis talks with Kosovo, Serbia leaders
BRUSSELS (Reuters) – EU foreign policy chief Josep Borrell proposed steps to end weeks of violence in predominantly Serb areas…
Europe
Fed, ECB may slash bank reserves by 90% in new era of high rates – paper
FRANKFURT (Reuters) – The Federal Reserve and the European Central Bank may mop up as much as 90% of the…
Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar advanced against a basket of currencies on Thursday after Fed…
Daughter of missing Titanic explorer hopeful, says he was doing what he loved
By Joan Faus and Horaci Garcia LA MASSANA, Andorra (Reuters) -The daughter of French oceanographer Paul-Henri Nargeolet, one of five…
Oil plunges 4% as interest rate hikes outweigh lower US oil supplies
By Stephanie Kelly NEW YORK (Reuters) -Oil futures fell about 4% on Thursday, as a bigger-than-expected Bank of England rate…
Debris found near Titanic wreckage assessed to be from missing sub -CNN
(Reuters) – A debris field that was found near the wreckage of the Titanic in the North Atlantic has been…
Recent rate hikes should also be passed on to savers – ECB’s De Guindos
MADRID (Reuters) – Recent interest rate hikes by the European Central Bank should be fully transmitted to savers and reflected…
US banks push back as regulators prepare international capital hikes
By Pete Schroeder WASHINGTON (Reuters) -U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements,…
Turkey delivers big rate hike to 15% but U-turn still underwhelms
By Ali Kucukgocmen and Can Sezer ISTANBUL (Reuters) -Turkey’s central bank hiked its key rate by 650 basis points to…
New orders and supply chain progress as Paris Airshow grapples with pandemic aftermath
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – The first Paris Airshow in four years…