By Steve Holland, Dmitry Antonov and Pavel Polityuk WASHINGTON/MOSCOW/KYIV (Reuters) – Russia has formulated several options as an excuse to invade Ukraine, including the potential use of a propaganda video showing a staged attack, the United States sa…
Ukraine in focus for Olympics insurers as Beijing Games kick off
By Noor Zainab Hussain and Carolyn Cohn (Reuters) -The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearan…
Millions of Britons face 54% hike in energy bills from April
By Susanna Twidale LONDON (Reuters) – Energy prices for millions of British households are set to soar from April after the energy regulator said on Thursday that it would raise its cap on the most widely used tariffs by 54% due to record global gas pr…
In Kyiv, Erdogan says ready to help resolve Ukraine-Russia crisis
KYIV (Reuters) – President Tayyip Erdogan, after meeting his counterpart in Kyiv, repeated on Thursday that Turkey was ready to do what it can to resolve the Ukraine-Russia crisis and offered to host a meeting of the country’s two leaders. Speaking aft…
Euro jumps after hawkish comments from ECB’s Lagarde
By Stefano Rebaudo (Reuters) -The euro jumped against the dollar on Thursday after comments from ECB president Christine Lagarde fuelled expectations of faster monetary policy tightening, although the central bank confirmed its guidance for interest ra…
Scotland faces border checks with England if it rejoins the EU – think tank
By Andrew MacAskill LONDON (Reuters) – Scotland will need checkpoints along its border with England for the first time in more than three centuries if it votes for independence and rejoins the European Union, according to a think tank report published …
Deutsche Bank advises clients to buy euros after ECB hawkish pivot
LONDON (Reuters) – Deutsche Bank closed its short trade on the euro and recommended clients to enter into a long euro/dollar trade on Thursday after the European Central Bank acknowledged the bloc’s inflationary situation has changed. Euro zone governm…
Oil prices edge upward, bolstered by supply concerns
By David Gaffen NEW YORK (Reuters) -Oil prices edged higher on Thursday, maintaining their upward trajectory built on expectations that supply will tighten further even after OPEC+ producers stuck to planned moderate output increases. Tight global supp…
Siemens to increase research and development spending – CEO
ZURICH (Reuters) – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch will tell the German engineering group’s shareholders next week. The maker of trains and factory automation software will s…
Analysis-A change of style? UK’s Johnson fights for political survival
By Elizabeth Piper LONDON (Reuters) -British Prime Minister Boris Johnson has promised to shake up operations in his 10 Downing Street office to try to survive his gravest crisis yet over boozy events held at the heart of power during COVID-19 lockdown…