By Essi Lehto VAALIMAA, Finland (Reuters) -Finland said on Thursday it was considering barring most Russians from entering the country as traffic across the border from its eastern neighbour “intensified” following President Vladimir Putin’s order for …
UK midcaps at over 2-month lows after BoE hikes interest rates
By Bansari Mayur Kamdar (Reuters) -UK shares fell on Thursday, with the midcap index touching the lowest in over two months on recession fears after the Bank of England joined several global central banks in hiking interest rates to tame inflation. The…
Some Russians flee from Putin’s Ukraine war call-up
By Pavel Polityuk and Michelle Nichols KYIV/NEW YORK (Reuters) – Some draft-age Russians rushed to the borders on Thursday to escape their country’s biggest conscription drive since World War Two, while explosions shook southeastern Ukraine on the eve …
Russian draft triggers exodus by some men as air fares jump
By Jake Cordell and Essi Lehto TBILISI/VAALIMAA, Finland (Reuters) -Some Russian men headed swiftly to the borders on Thursday after President Vladimir Putin ordered a partial mobilisation, with traffic at frontier crossings with Finland and Georgia su…
Exclusive-Credit Suisse sounds out investors about capital hike – sources
By Oliver Hirt FRANKFURT (Reuters) -Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the fourth time in roughly seven years as it attempts a radical overhaul of its investment bank. …
Kazakhstan to host Russian-led bloc’s military drills
ALMATY (Reuters) – A Russian-led security bloc will hold military drills in Kazakhstan from Sept. 26 to Oct. 8, the Kazakh defence ministry said on Thursday, telling the public not to be surprised by the arrival of foreign troops and military vehicles….
Bank of England raises rates to 2.25%, despite likely recession
By David Milliken and Farouq Suleiman LONDON (Reuters) – The Bank of England raised its key interest rate by half a percentage point to 2.25% on Thursday and said it would continue to “respond forcefully” to inflation as needed, even though the British…
Central banks raise rates again as Fed drives global inflation fight
By Francesco Canepa FRANKFURT (Reuters) – A host of central banks from across the world raised interest rates again on Thursday, following the U.S. Federal Reserve in a global fight against inflation that is sending shockwaves through financial markets…
Central banks unleash 350 basis points more of rate hikes in inflation fight
LONDON (Reuters) – Major central banks have stepped up their fight against runaway inflation, unleashing another 350 basis points of hikes in a pivotal week in which policymakers are determined to show they mean business. The Federal Reserve raised U.S…
Lavrov defends Russia at U.N. showdown rife with anger over Ukraine war
By Michelle Nichols, Daphne Psaledakis and Humeyra Pamuk UNITED NATIONS (Reuters) -Russian Foreign Minister Sergei Lavrov defended Moscow’s war in Ukraine at the U.N. Security Council on Thursday as the United Nations warned Moscow against annexing Ukr…