A look at the day ahead in European and global markets from Ankur Banerjee The stage is set for the Bank of England on a central bank- heavy day in Europe, with a hike all but certain and the only doubt being whether the BoE will raise interest rates by 25 basis points or by…
BERLIN (Reuters) – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall in German direct investment and seeing the UK decline in importance as a trading partner, German economists said. Britain voted on June 23, 2016, to exit the European Union and it…
By Ali Kucukgocmen ISTANBUL (Reuters) -Turkey’s central bank is expected to raise its policy rate sharply on Thursday in a strong signal that re-elected President Tayyip Erdogan has accepted some steps toward economic orthodoxy to address inflation that has soared under his watch. The expected policy pivot, under new central bank chief Hafize Gaye Erkan,…
(Reuters) – Telix Pharmaceuticals rose over 3% on Thursday to hit an all-time high, after the radiopharma company said it would acquire UK-based medical device firm Lightpoint Medical. Telix had entered an agreement to buy Lightpoint and its radio-guided surgery business SENSEI, which specialises in intra-operative detection of cancer in real time, the company said…
By Joseph Ax and Steve Gorman (Reuters) -Rescuers searching for a missing submersible near the wreck of the Titanic focused on Wednesday on a remote patch of the North Atlantic where undersea noises were detected, although officials cautioned the sounds may not have originated from the vessel. With the submersible’s air supply expected to run…
(Reuters) – The Caribbean islands of St. Lucia and Martinique will shut down schools and nurseries tomorrow ahead of the arrival of one of the season’s first tropical storms, officials said on Wednesday. The storm is forecast to move across the area late on Thursday. “After 21 days into the hurricane season an unusually early…
By Gabriella Borter (Reuters) – Around the world, the story of the missing Titanic submersible and its rescue operation’s race against time has been riveting onlookers. People have been glued to their television screens, fascinated by maritime experts detailing the hurdles for rescue efforts in a vast expanse of sea. They have been watching their…
WASHINGTON (Reuters) -The U.S. State Department on Wednesday announced a new visa restriction policy targeting foreign government officials and agents who assist fugitives in evading the U.S. justice system. The Fallon Smart policy is named after a 15-year-old who was killed in a hit-and-run incident in Oregon in 2016, U.S. Secretary of State Antony Blinken…
(Reuters) – Telecom Italia is restarting its efforts to sell a minority stake in its enterprise unit, potentially valued at more than 6 billion euros ($6.6 billion), Bloomberg News reported on Thursday, citing people familiar with the matter. The company’s CEO Pietro Labriola started sounding out potential investors about a deal earlier this month by…
ANKARA/WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken encouraged Ankara to support Sweden in its bid to join NATO in a meeting with new Turkish Foreign Minister Hakan Fidan on Wednesday, a State Department spokesperson said. Turkey has objected to Sweden’s bid to join the Western military alliance, citing security concerns, but members of the…
