News
Spain's industrial prices rise at fastest pace in a year as energy costs bite
3+ hour, 16+ min ago (182+ words) April 24 (Reuters) " A spike in energy costs caused Spanish industrial prices to rise at their "fastest rate in a year "in March after falling for four consecutive months, the National Statistics Institute (INE) said on Friday. Over the 12 months through…...
EU to prepare blueprint for mutual assistance pact, amid NATO doubts
3+ hour, 7+ min ago (546+ words) By Michele Kambas and Ingrid Melander NICOSIA, April 24 (Reuters) " EU leaders have asked officials to prepare a blueprint for how the bloc's previously obscure mutual assistance clause would work, host Cyprus said at a summit on Friday, amid doubts over…...
Polish PM questions US loyalty in case of Russian attack, FT reports
3+ hour, 18+ min ago (295+ words) WARSAW, April 24 (Reuters) " Europe's "biggest, most important question" is whether the United States is ready to be a loyal NATO partner in case of a Russian "attack, Polish Prime Minister Donald Tusk told the "Financial Times. He also called for…...
El'Nino set to return as early as May, impacting global weather patterns, UN weather agency says
3+ hour, 5+ min ago (246+ words) GENEVA, April 24 (Reuters) " The return of El Nino weather conditions are expected from as early as May this "year, potentially affecting global temperatures and rainfall "patterns, the World Meteorological Organization (WMO) said. El Nino is a periodic warming of sea…...
Swiss National Bank chairman says Middle East conflict will hit economy
3+ hour, 2+ min ago (300+ words) BERN, April 24 (Reuters) " The Middle East conflict will lead to slower economic growth and higher inflation in Switzerland, but the Swiss National Bank has "unrestricted scope to target price stability, SNB Chairman "Martin Schlegel said on Friday. The war had…...
Factbox-India's Asteria, the Reliance unit at the centre of a bribery scandal
3+ hour, 25+ min ago (435+ words) NEW DELHI, April 24 (Reuters) " A bribery investigation by India's federal crime-fighting agency has put a spotlight on drone technology company Asteria Aerospace, a little-known unit of billionaire Mukesh Ambani's Reliance Industries. The Central Bureau of Investigation arrested "officials from India's…...
China rejects Trump accusation that intercepted Iran ship was "gift from China
3+ hour, 14+ min ago (205+ words) BEIJING, April 24 (Reuters) " China's foreign ministry on Friday rejected an accusation by U. S. President Donald Trump "that an Iranian-flagged cargo ship "intercepted by U. S. forces was a "gift from China." The U. S. said it fired on and seized an Iranian cargo ship that…...
German business sentiment falls in April to lowest level since 2020
3+ hour, 2+ min ago (120+ words) BERLIN, April 24 (Reuters) " German business morale fell more "than expected in "April, as the Iran war made companies more pessimistic and threatened the long-awaited "recovery "of Europe's "biggest economy. The Ifo "institute said on Friday its business climate index fell…...
Minneapolis campaigners press Swiss National Bank to dump Palantir investment
3+ hour, 18+ min ago (395+ words) BERN, April 24 (Reuters) " The Swiss National Bank should sell its $1. 1 billion stake in Palantir Technologies, campaigners from Minneapolis said at a meeting of the central bank on Friday, citing the firm's "involvement in U. S. immigration enforcement operations. The SNB held 6. 24 million…...
Nomura posts record annual profit, sees no prolonged impact from Iran war so far
3+ hour, 17+ min ago (237+ words) TOKYO, April 24 (Reuters) " Nomura, Japan's largest investment bank and brokerage, on Friday reported a record annual profit for "the second year in a row and "said the U. S. -Israeli war on Iran has not disrupted structural growth factors in its home…...