By Sergio Goncalves LISBON (Reuters) -Declines in the international market prices of raw materials, energy and foods will need to start making their mark on consumer goods or interest rates will have to be raised further, ECB Governing Council member Mario Centeno said on Friday. “The overwhelming majority of inflationary shocks, if not all, have…
By Philip Pullella and Cristiano Corvino ROME (Reuters) -Pope Francis was discharged from hospital on Friday morning, nine days after surgery to repair an abdominal hernia, and his doctor said he was stronger than before. The 86-year-old pontiff left Rome’s Gemelli hospital in a wheelchair, smiling and waving to reporters and well-wishers at the main…
By Andrew Osborn (Reuters) – Russian President Vladimir Putin on Friday thanked the president of the United Arab Emirates for his efforts in freeing prisoners of war in Ukraine and hailed what he said were expanding economic ties between Moscow and Abu Dhabi. Putin made the comments during talks with UAE President Sheikh Mohammed bin…
By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emissions in Norway by 2,100 tonnes over the coming three years as it partners up with Scandinavia’s leading postal service, PostNord, the company said on Wednesday. Norway has the world’s highest number of electric vehicles per head of population…
By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates by a quarter point to a 15-year high of 4.75% on June 22, its 13th straight rate rise as it fights unexpectedly sticky inflation that risks making it a global outlier. Investors this week bet the Bank of England…
(Reuters) -GSK Plc said on Friday the U.S. Food and Drug Administration (FDA) has extended the review period by three months for a drug the British drugmaker gained through its $1.9 billion buyout of Sierra Oncology last year. The regulator delayed its decision to review additional data and is now expected to decide on the…
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – Global aerospace and defence companies will tout the cleaner transport and robotic weapons of the future as they also tackle urgent supply bottlenecks at next week’s Paris Airshow, taking place under the shadow of climate fears and a war economy. The world’s…
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank is expected to cut its key one-day deposit rate again next week, a Reuters poll showed, as inflation cooled more than expected and the forint currency stabilised after the bank lowered rates last month. The National Bank of Hungary cut its one-day deposit rate by 100…
GENEVA (Reuters) – The United Nations High Commissioner for Human Rights called on Friday for countries to clamp down on people smugglers and human traffickers after at least 78 migrants were killed in a shipwreck off the coast of Greece. Witness accounts suggested between 400 and 750 people had packed a fishing boat that capsized…
By Lefteris Papadimas and Stamos Prousalis KALAMATA, Greece (Reuters) -Rescuers scoured the seas off Greece on Thursday following a shipwreck that killed at least 78 migrants, as hopes of survivors dwindled and fears grew that hundreds more, including children, may have drowned inside the crowded vessel’s hold. Reports suggested between 400 and 750 people had…
