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BoE’s Bailey warns against over-reaction to rising inflation
LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Thursday it was important not to over-react to a rise in inflation that was likely to prove temporary during Britain's economic recove...
Syndicated Content Jul 01, 2021
Euro zone recovery faces risks from virus mutations, ECB’s Lagarde says
FRANKFURT (Reuters) - The euro zone economy may well avoid the most pessimistic scenario envisaged at the start of the COVID-19 pandemic but it still faces risks from virus mutations, European Central...
Syndicated Content Jul 01, 2021
Russia’s daily COVID-19 deaths hit new pandemic high
MOSCOW (Reuters) - Russia reported 672 coronavirus-related deaths on Thursday, the most confirmed in a single day since the pandemic began, amid a surge in cases that authorities blame on the Delta va...
Syndicated Content Jul 01, 2021
Greek bank rescue fund reduces stake in Alpha Bank to 9%
ATHENS (Reuters) - Greece's bank rescue fund HFSF said on Thursday it took part in Alpha Bank's 800 million euro ($948 million) share offering partially, reducing its holding to 9% from 11% previously...
Syndicated Content Jul 01, 2021
U.S. to downgrade Malaysia to lowest tier in trafficking report -sources
KUALA LUMPUR (Reuters) - The U.S. State Department will downgrade Malaysia to the lowest ranking in its closely watched annual report on human trafficking to be released later on Thursday, two sources...
Syndicated Content Jul 01, 2021
Swedish right-wing PM hopeful abandons attempt to form government – TT
STOCKHOLM (Reuters) - Swedish right-wing Prime Minister candidate Ulf Kristersson said on Thursday he had abandoned attempts to form a government just two days after the speaker asked him to try to do...
Syndicated Content Jul 01, 2021
Pope, Lebanon Christian heads begin summit on country’s crisis
By Philip Pullella VATICAN CITY (Reuters) - Pope Francis and Lebanon's Christian leaders began a summit on Thursday to discuss how religion can help the country overcome its worst crisis since its civ...
Syndicated Content Jul 01, 2021
Franklin Templeton exec gets relief on India regulator ban
By Abhirup Roy and Aditya Kalra MUMBAI (Reuters) - An Indian tribunal put on hold on Thursday a directive to ban a senior executive of U.S. money manager Franklin Templeton (FT) after he challenged it...
Syndicated Content Jul 01, 2021
EU’s indebted states could ill afford yield surge, watchdog says
FRANKFURT (Reuters) - The European Union's most indebted governments could ill afford a surge in yields after borrowing massively to finance their response to the coronavirus pandemic, the EU's financ...
Syndicated Content Jul 01, 2021
Cyber reinsurance rates rocket at July renewals – Willis Re
LONDON (Reuters) - Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and sever...
Syndicated Content Jul 01, 2021
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