German firm sees U.S. getting lion’s share of 100 billion euro military fund
By Alexander Hübner MUNICH (Reuters) – Up to half of the 100 billion euro ($109 billion) special fund set up…
Europe
Stocks drift as investors balance peak rate hopes with oil price rise
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the…
Hungary foreign minister says he was in touch with Turkey on Sweden’s NATO bid
By Boldizsar Gyori BUDAPEST (Reuters) – Hungary’s foreign minister said on Tuesday that he had been in touch with his…
Yen firms amid intervention chatter, trading subdued on US holiday
By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained…
Biden welcomes NATO decision to extend leader Stoltenberg’s term
By Kanishka Singh WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday welcomed NATO’s decision to extend Secretary General Jens…
Ukrainians bid farewell to writer killed in Russian air strike
By Anna Voitenko and Ivan Lyubysh-Kirdey KYIV (Reuters) – Tearful mourners filled one of central Kyiv’s main cathedrals on Tuesday…
UK’s Hunt backs regulator to ensure banks pass on better rates to savers
LONDON (Reuters) – British finance minister Jeremy Hunt gave his backing to the country’s financial regulator FCA to ensure banks…
Ukraine tells Georgian ambassador to go home for ‘consultations’
By Olena Harmash KYIV (Reuters) – Ukraine’s foreign ministry summoned Georgia’s ambassador on Tuesday to protest against the treatment of…
Italy’s finances creak as budget deficit climbs in Q1
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of…
Central bank surprises see June become bumper 2023 rate hike month
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The world’s major central banks delivered in June the biggest number…