BRUSSELS (Reuters) – Ukraine, fighting a devastating Russian invasion since February 2022, seeks to join NATO as quickly as possible but members of the Western military alliance are divided over how fast that step should be taken. While eastern European countries want some sort of a road map to be offered to Kyiv at a…
(Reuters) – Spotify Technology SA said on Monday it would cut 200 jobs from its podcast unit in its second round of layoffs, as the company restructures the business after years of heavy investment. The move affects about 2% of the music-streaming giant’s workforce and aligns Spotify with the likes of Meta Platforms and Roku,…
MILAN (Reuters) – Italy’s government has no need to directly invest in Stellantis as the carmaker is doing well, Economy Minister Giancarlo Giorgetti suggested on Monday, echoing similar comments made last week by the group’s chairman. Asked by reporters whether Rome should take a stake in Stellantis to have more say in its management, Giorgetti…
FRANKFURT (Reuters) – The European Central Bank still needs several more interest rate hikes to rein in inflation and it is not certain that rates could peak this summer, Bundesbank President Joachim Nagel said on Monday. The ECB has raised rates at the fastest pace on record in the past year after inflation hit double-digit…
(Reuters) – The United States issued new Russia-related sanctions on Monday, the Treasury Department’s website showed. The sanctions target seven Russian individuals and one Russian entity, the website showed. (Reporting by Rami Ayyub; Editing by Tim Ahmann)
(Reuters) -At least 16 people have died and dozens more have fallen ill after drinking adulterated cider in western Russia’s Ulyanovsk region, local officials said on Monday. Local governor Alexei Russkikh said the product – labelled “Mister Cider” – had been sold on tap after being brought into the region in 30 litre kegs. According…
FRANKFURT (Reuters) – European Central Bank President Christine Lagarde on Monday acknowledged “signs of moderation” in core inflation in the euro zone but reaffirmed it was too early to call a peak in that key gauge of price growth. Lagarde’s comments were likely to cement market expectations for more interest rate increases from the ECB…
By Francois Murphy VIENNA (Reuters) – The U.N. nuclear watchdog’s chief denied on Monday that his agency had watered down its standards in an investigation into past Iranian activities after Israel accused it of “capitulation to Iranian pressure”. The dispute centres on the International Atomic Energy Agency’s years-long investigation into the origin of uranium particles…
KYIV (Reuters) – Two armed groups, the Russian Volunteer Corps (RVC) and Freedom of Russia Legion, say they have carried out attacks in Russia’s western Belgorod region in recent weeks. Kyiv has denied any role and said the attackers are Russian citizens. Here is what we know about the groups. RUSSIAN VOLUNTEER CORPS The RVC…
MILAN (Reuters) – Carmaker Stellantis and Belgian metals recycler Galloo have entered exclusive talks to create a joint venture focused on parts and material recycling from end-of-life vehicles, the two companies said on Monday. The preliminary deal is part of the carmaker’s strategy to expand its so-called “circular economy” business, which includes vehicle reconditioning and…
