By Herbert Lash NEW YORK (Reuters) – The dollar rose on Thursday after a reading of U.S. consumer prices came in higher than expected, pushing the greenback up against major currencies as the data suggested the Federal Reserve could be more aggressive …
West warns of ‘dangerous moment’ as Russia holds drills in Belarus
By Robin Emmott, Tom Balmforth and Vladimir Soldatkin BRUSSELS/MOSCOW (Reuters) -Britain said on Thursday the West could face the “most dangerous moment” in its standoff with Moscow in the next few days, as Russia held military exercises in Belarus and…
Lead lawmaker eyes EU carbon market rules to respond to price spikes
By Kate Abnett BRUSSELS (Reuters) -European Parliament’s lead negotiator on an overhaul of Europe’s carbon market on Thursday said he was considering changes to rules that allow policymakers to intervene in the scheme if prices rise too fast. European …
Ex-British PM says Johnson broke the law over parties
By Elizabeth Piper and Andrew MacAskill LONDON (Reuters) – Former British Prime Minister John Major accused his fellow Conservative Boris Johnson on Thursday of breaking COVID-19 lockdown laws and said he should resign if he is found to have deliberate…
EU earmarks 150 billion euros for investment in Africa
DAKAR (Reuters) -The European Union has earmarked over 150 billion euros ($170 billion) for investments in Africa under a global fund launched to offer an alternative to Chinese money, the European Commission said on Thursday. The investment would take…
Russia says facts ‘bounce off’ Britain’s Truss in tense encounter
By Vladimir Soldatkin MOSCOW (Reuters) – Russia’s foreign minister accused his British counterpart on Thursday of grandstanding and refusing to listen, at a rancorous encounter that highlighted the gulf between them over the Ukraine crisis. “I’m honest…
Credit Suisse flags weak 2022, ends torrid year with $2.2 billion quarterly loss
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Credit Suisse on Thursday capped a scandal-ridden year with a $2.2 billion quarterly loss and said 2022 earnings would be weighed down by restructuring and compensation costs. Though Switzerland’s second-bigg…
EU watchdog tells rating agencies to improve ESG ratings disclosures
By Huw Jones LONDON (Reuters) – Credit rating agencies need to improve how they refer to environment, social and governance factors in their ratings used by investors to direct huge sums into sustainable funds, the European Union’s securities watchdog …
UK’s Prince Charles tests positive for COVID, had met Queen Elizabeth recently
By Michael Holden LONDON (Reuters) -Prince Charles, who has tested positive for COVID-19 for a second time, recently met his mother Queen Elizabeth, but the 95-year-old British monarch is not displaying any symptoms, a palace source said on Thursday. C…
Informa sells pharma intelligence unit to Warburg Pincus for $2.6 billion
(Reuters) -Britain’s Informa agreed to sell its pharma intelligence business to New York-based investment fund Warburg Pincus for 1.9 billion pounds ($2.58 billion), the events organiser said on Thursday. Shares in the world’s largest exhibitions group…