By Marc Jones LONDON (Reuters) – France’s central bank governor François Villeroy de Galhau has pushed back against criticism of central banks’ increasing involvement in the fight against climate change, calling the issue a “must have” focus. “Climate-related risks are clearly among the long-term risks to which financial institutions are exposed: monitoring these risks is…
(Reuters) – A Russian court denied bail on Monday to a woman charged with terrorism over a bomb attack that killed a pro-war Russian military blogger earlier this month. Prosecutors have accused Darya Trepova, 26, of killing blogger Vladlen Tatarsky, whose real name was Maxim Fomin, by presenting him with an explosive device concealed within…
A look at the day ahead in U.S. and global markets from Mike Dolan With world markets preparing for first-quarter updates from U.S. Big Tech firms this week, the heat under simmering geopolitical tensions went up a notch as a Chinese diplomat to France questioned the independence of all former Soviet states. Ahead of an…
FRANKFURT (Reuters) – The German economy is likely to have expanded in the last quarter on a rebound in industrial production, the Bundesbank said in a monthly report on Monday, revising its previous prediction of a small contraction. The euro zone’s biggest economy has struggled for much of the past year as sky-high energy prices…
MOSCOW (Reuters) – The Kremlin said on Monday that President Vladimir Putin would decide whether to attend a BRICS conference in South Africa in August closer to the time. South Africa, a party to the International Criminal Court (ICC), maintains good relations with Russia but would be theoretically required to arrest Putin under an ICC…
By Yew Lun Tian BEIJING (Reuters) – Outrage over China’s ambassador to France questioning the sovereignty of former Soviet countries like Ukraine reverberated across Europe on Monday as Beijing distanced itself from the envoy’s remarks by reaffirming its respect for their status. It is not the first time Lu Shaye, 58, a prominent practitioner of…
(Reuters) – Russian lender Sberbank said on Monday it had released technology called GigaChat as a rival to ChatGPT, initially in an invite-only testing mode, joining the artificial intelligence chatbot race. The release last year of ChatGPT, a chatbot from the Microsoft-backed startup OpenAI, has caused a sprint in the technology sector to put AI…
By Giuseppe Fonte ROME (Reuters) – Italy plans contested legislation that will make it easier for firms to hire workers on short-term contracts, as part of a set of measures aimed at boosting jobs and families’ purchasing power, including tax cuts for middle- and low- income workers. Prime Minister Giorgia Meloni has convened a cabinet…
By Ju-min Park (Reuters) – South Korea’s President Yoon Suk Yeol will be seeking U.S. assurances on deterring North Korea when he meets President Joe Biden this week, while the Americans will likely be looking for Yoon’s support for U.S. interests related to China and Russia. The conservative Yoon has made bolstering South Korea’s alliance…
LONDON (Reuters) -HSBC’s most vocal individual activist shareholder Ken Lui on Monday said he had spoken for the first time with the bank’s largest investor, Ping An, about their controversial proposals to spin off the lender’s Asia business. Top management executives of Ping An Asset Management, an investment unit of the Chinese insurer, exchanged views…
