By Manas Mishra (Reuters) -The world has never been in a better position to end the COVID-19 pandemic, the head of the World Health Organization said on Wednesday, urging nations to keep up their efforts against the virus that has killed over six milli…
Ukraine leader promises victory during frontline town visit as Russia digs in
By Tom Balmforth IZIUM, Ukraine (Reuters) – President Volodymyr Zelenskiy promised he would lead Ukraine to victory in its war against Russia as he visited shrapnel-blasted, recently recaptured towns on Wednesday, but pro-Russian officials said they ha…
Germany raids, bans Hells Angels rival United Tribuns
BERLIN (Reuters) – Germany banned United Tribuns, a rival to the Hells Angels motorcycle gang, on Wednesday, saying the group posed a serious public threat and was responsible for a raft of violent crimes. Police searched 108 properties in nine states …
Analysis-Industrial users flee LME nickel, deepening market fissures
By Pratima Desai LONDON (Reuters) – The London Metal Exchange faces a struggle to regain its dominant position in global nickel trading as volumes slide and participants flee an increasingly volatile market in the wake of trade mayhem earlier this year…
‘Loving a queue’: Thousands wait in line to pay respects to queen
By Farouq Suleiman LONDON (Reuters) -Thousands of mourners took their places in a queue snaking around the centre of London on Wednesday, recognising without complaint that they might have to wait for hours to see the late Queen Elizabeth lying in stat…
ECB could reach neutral rate by year end – Villeroy
PARIS (Reuters) -ECB interest rates could reach the level where they neither stimulate nor slow the economy by the end of the year, French ECB policymaker Francois Villeroy de Galhau said on Wednesday. Villeroy, who is also head of the French central b…
Stocks dip on Fed worry, yen climbs on Japan intervention hint
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stock markets was lower for a second straight day on Wednesday, as a reading on inflation did little to change expectations the U.S. Federal Reserve will remain aggressive in fighting inflatio…
Germany’s Uniper says government might take controlling stake
By Tom Käckenhoff and Emma-Victoria Farr DUESSELDORF/FRANKFURT (Reuters) -Germany’s Uniper said on Wednesday the government might take a controlling stake in the company as the ailing gas importer seeks further aid, sending its shares tumbling by a fif…
EU lays out energy crisis plan, says solidarity with Ukraine unshakeable
By Yves Herman and Gabriela Baczynska STRASBOURG (Reuters) -The European Commission on Wednesday unveiled a series of proposals to curb the energy price spike that has rocked Europe in the wake of Russia’s invasion of Ukraine, while stressing that the …
Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have combined to drive up prices of energy, commodities and basic necessities. Below is a list of some of the actions taken by governmen…