Budget crisis shakes industry’s confidence in Germany

Budget crisis shakes industry’s confidence in Germany

German Chancellor Olaf Scholz is flanked by Economy and Climate Minister Robert Habeck and Finance Minister Christian Lindner to comment on the ruling of Germany’s Constitutional court that the government’s re-location of 60 billion euros ($65 billion USD) of unused debt from the pandemic era to climate fund was illegal, in… Acquire Licensing Rights Read … Read more

Russia’s sanctioned Sovcombank requests US licence to make UN climate payments

Russia’s sanctioned Sovcombank requests US licence to make UN climate payments

A view shows a board with the logo of Sovcombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 23 (Reuters) – Russian private … Read more

Finland to close all but northernmost border crossing with Russia

Finland to close all but northernmost border crossing with Russia

HELSINKI, Nov 22 (Reuters) – Finland will close all but the northernmost crossing point on its border with Russia from midnight on Friday in a bid to halt a flow of asylum seekers to the Nordic nation, Prime Minister Petteri Orpo said on Wednesday. Since the beginning of the month, more than 600 people without … Read more

What to know about North Korea’s spy satellite launch

What to know about North Korea’s spy satellite launch

SEOUL, Nov 22 (Reuters) – Officials and experts around the world are seeking to determine whether North Korea’s first spy satellite is operational as it orbits the earth after being launched on Tuesday, an effort that South Korea asserts was likely to have included Russian aid. North Korea appears to have overcome the technical problems … Read more

Morning Bid: AI buzzes but market shrugs at Nvidia beat

Morning Bid: AI buzzes but market shrugs at Nvidia beat

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of … Read more

EUROPE Nvidia shares take bumpy ride after hours

EUROPE Nvidia shares take bumpy ride after hours

The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA/Handout via REUTERS/File Photo Acquire Licensing Rights A look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia (NVDA.O), which in AI tech terms is the only … Read more

Frankfurt builds up clearing volumes as EU seeks to pull business from London

Frankfurt builds up clearing volumes as EU seeks to pull business from London

A general view shows the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights LONDON, Nov 21 (Reuters) – Deutsche Boerse’s (DB1Gn.DE) derivatives arm said on Tuesday that it has been building up volume in its Euribor futures contract in Frankfurt as the European Union vies with … Read more

China warns Argentina severing ties would be ‘serious mistake’

China warns Argentina severing ties would be ‘serious mistake’

China’s foreign ministry spokesperson Mao Ning attends a press conference in Beijing, China July 26, 2023. REUTERS/Tingshu Wang/File photo Acquire Licensing Rights BEIJING, Nov 21 (Reuters) – China said on Tuesday it would be a “serious mistake” if Argentina were to cut ties, after the weekend presidential election victory in the South American country of … Read more

Finland mulls more border restrictions as asylum seekers ‘impossible’ to return

Finland mulls more border restrictions as asylum seekers ‘impossible’ to return

Finland’s President Sauli Niinisto addresses the 78th United Nations General Assembly at U.N. headquarters in New York, U.S., September 20, 2023. REUTERS/Caitlin Ochs/File Photo Acquire Licensing Rights HELSINKI, Nov 20 (Reuters) – Finland said on Monday it had become impossible to return asylum seekers who did not meet the criteria for protection and said that … Read more

Exclusive: Germany, France and Italy reach agreement on future AI regulation

Exclusive: Germany, France and Italy reach agreement on future AI regulation

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights No sanctions should be imposed, joint paper says Commitments would involve large and small providers European authority would monitor compliance BERLIN, Nov 18 (Reuters) – France, Germany and Italy have reached an agreement … Read more