Germany arrests two for alleged military sabotage plot on behalf of Russia Two German-Russian nationals have been arrested in Germany on suspicion of plotting sabotage attacks, including on U.S. military facilities, in an effort to undermine military support for Ukraine, officials said on Thursday. Authorities have searched the homes and workplaces of the two suspects … Read more
The facade of Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks. “Our equity investments had a very strong return in … Read more
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British oil major BP on Thursday trimmed its executive team down to 10 members and announced William Lin as the new head of the firm’s oil and low … Read more
Robert Holzmann, governor of Austria’s central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023. Bloomberg | Bloomberg | Getty Images Tensions in the Middle East pose the biggest threat to a prospective interest rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann. “At this stage, I … Read more
Putin warns against escalation in first comments on Iran-Israel conflict Russian President Vladimir Putin and Iran’s President Ebrahim Raisi hold a meeting in Tehran on July 19, 2022. Sergei Savostyanov | AFP | Getty Images Russian President Vladimir Putin made his first comments on Tuesday on the Iranian attack on Israel, calling on all sides … Read more
Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday. That was slightly higher than the forecast from economists polled by Reuters of 3.1%, but was down from 3.4% in February. Food prices provided the biggest downward drag on the headline rate, the ONS said, while motor fuels … Read more
European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any major shocks. Lagarde said the ECB would monitor oil prices “very closely” amid elevated fears of a spillover conflict in the Middle East. However, since Iran’s unprecedented air attack … Read more
Russia moving reserves toward Chasiv Yar, official says This photograph was taken on April 11, 2024, near the town of Chasiv Yar, in Donetsk region, and shows smoke rising from fires after bombing. Anatolii Stepanov | Afp | Getty Images Russian forces are shifting forces away from the Lyman area in Donetsk in eastern Ukraine … Read more
Two dead, four wounded in Russian strikes on Ukraine’s Kharkiv region, its governor says Two people were killed and four were injured on Monday in a Russian attack on the Ukrainian village of Lukyantsi in the Kharkiv region, local governor Oleh Syniehubov said on Telegram. Russia used a guided aerial bomb to carry out the attack, … Read more
The exterior of the Bank of England in the City of London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The Bank of England on Friday announced a “once in a generation” overhaul of its inflation forecasting following a long-awaited review by former Federal Reserve Chair Ben Bernanke. The review — initiated following criticism of … Read more
