By Shashwat Chauhan and Bansari Mayur Kamdar (Reuters) -The UK’s export-oriented FTSE 100 climbed on Monday supported by a weaker pound as traders braced for the government’s fiscal statement later this week and with a stronger dollar weighing on the B…
Ukrainian president visits Kherson, celebrates Russian retreat
By Jonathan Landay KHERSON, Ukraine (Reuters) -Ukrainian President Volodymyr Zelenskiy visited the southern city of Kherson on Monday to celebrate its recapture from Russian forces with joyful residents and troops after months of Russian occupation. He…
Oil falls on China COVID surge and firmer dollar
By Laura Sanicola (Reuters) -Oil prices fell by $2 on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed hopes of a swift reopening of the economy for the world’s biggest crude importer. Brent crude futures wer…
Regulators circle FTX as rival exchanges try to calm investors
By John McCrank and Alun John NEW YORK (Reuters) -Regulators opened probes following last week’s spectacular collapse of crypto exchange FTX and rival exchanges sought to reassure jittery investors of their own stability, weighing on cryptocurrencies o…
Dutch gov’t to spend 7.5 billion euros on transport, Amsterdam-Schiphol metro
AMSTERDAM (Reuters) – The Dutch government on Monday outlined plans to spend 7.5 billion euros ($7.75 billion) through 2030 on improving transport, including extending an underground railway line to connect Schiphol Airport with Amsterdam. Funding for …
Biden warns China on North Korea, clashes with Xi over Taiwan in Bali meeting
By Nandita Bose and Stanley Widianto NUSA DUA, Indonesia (Reuters) -U.S. President Joe Biden warned President Xi Jinping on Monday that the United States would enhance its security position in Asia if Beijing cannot rein in North Korea’s weapons progra…
Russia’s Lavrov dismisses report that he was taken to hospital at G20
By Stanley Widianto NUSA DUA, Indonesia (Reuters) -Russian Foreign Minister Sergei Lavrov on Monday dismissed a news agency report that he had been taken to hospital with a heart condition, scolding Western journalists for what he cast as false reporti…
Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) -European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some recent and current industrial actions and demonstrations. BRITAIN * More than 70,000 university staff at 150 …
Infineon plans 5-billion-euro Dresden site, raises targets
BERLIN (Reuters) -Infineon Technologies AG is planning a new 5 billion-euro ($5.16 billion) factory in the eastern German city of Dresden to expand its 300-millimetre production capacities, the German chipmaker said on Monday, while also raising its lo…
French state has no plans to break up EDF -finance ministry source
PARIS (Reuters) – The French state does not plan to break up nuclear power group EDF after its nationalization is completed, a Finance Ministry source said on Monday, refuting allegations from a lawmaker that such a plan was in the works. The source al…