By Josh Smith, Joori Roh and David Brunnstrom SEOUL/WASHINGTON (Reuters) -The United States and South Korea held joint maritime exercises involving a U.S. aircraft carrier on Friday, a day after Seoul scrambled fighter jets in reaction to an apparent N…
Fading rate hike relief pushes stocks lower, oil up after jobs report
By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks tumbled on Friday after a stronger than expected jobs report lowered odds the Federal Reserve will ease its rate-hiking spree, while oil prices hit a 5-week high in response to deep supply cuts. The …
Soccer-Jack Leslie awarded honorary cap 97 years after England call-up
(Reuters) – Jack Leslie, the first Black player to be called up for England, has been awarded a posthumous honorary cap by the Football Association (FA) having been denied an appearance for the national team because of his heritage. Leslie, who scored …
Polish interest rates set to rise further amid inflation rise -rate setter
WARSAW (Reuters) – Interest rates are expected to rise further in Poland in line with an expected ongoing increase in inflation, Polish rate setter Ludwik Kotecki said on Friday, following the central bank’s decision to hold rates steady for the first …
Oil jumps 4% to 5-week high lifted by OPEC+ output cut
By Scott DiSavino NEW YORK (Reuters) -Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern about a possible recession and rising interest rates. …
ECB will have to reduce bond holdings in foreseeable future, Nagel says
BERLIN (Reuters) – The European Central Bank will have to reduce its bond holdings in the foreseeable future and the next ECB meetings must send out clear signals that inflation will be countered, Bundesbank President Joachim Nagel said on Friday. “We …
Betting on flexibility, China’s Nio will only rent cars in new EU markets
By Victoria Waldersee BERLIN (Reuters) – Chinese electric vehicle maker Nio will only lease its cars when it launches in four European markets this year, its CEO told Reuters on Friday, betting that flexibility will be a key selling point as drivers sw…
Explosion destroys Irish service station, injuring a number of people
DUBLIN (Reuters) – A number of people were being treated in hospital in the Irish county of Donegal on Friday following an explosion at a service station, medical officials said. The explosion happened at the Applegreen service station on the outskirts…
EU leaders reaffirm support for Ukraine, squabble over gas price cap
By Sabine Siebold, Jan Lopatka and Michel Rose PRAGUE (Reuters) – European Union leaders on Friday agreed to give more financial and military aid to Ukraine, but a full day of talks in Prague’s ornate royal castle seemed to bring them no closer to deci…
France’s Macron says to discuss Pyrenees gas pipeline with Spain next week
PARIS/MADRID (Reuters) – French President Emmanuel Macron said in Prague that he will meet with his Spanish and Portuguese counterparts next week to discuss the cross-Pyrenees MidCat gas pipeline project and reach a “pragmatic” solution. “I’ll see (Spa…