IBT Staff Reporter

5131-5160 (out of 154944)

People are seen inside a Monte dei Paschi di Siena bank in Rome, Italy August 16, 2018.

Monte Dei Paschi Plans To Raise 2.5 Billion Euros For Latest Turnaround Plan

Monte dei Paschi di Siena (MPS) said it would tap taxpayers and investors for 2.5 billion euros ($2.6 billion) in cash to fund its latest turnaround efforts as the Italian state-owned bank seeks to triple its net profit in the next three years.

A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017.

In Canada, Hot Inflation Opens Rare Attack On Central Bank

The Bank of Canada has come under a rare attack from critics after misjudging inflation and locking itself into rigid forward guidance that prevented it from reacting swiftly as prices surged and Canada's economy began to overheat.

Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.

Biden Administration Leans On Tesla For Guidance In Renewable Fuel Policy Reform

U.S. President Joe Biden rarely mentions electric car maker Tesla Inc in public.

Steam rises from the cooling towers of the coal power plant of RWE, one of Europe's biggest electricity and gas companies in Niederaussem, Germany, March 3, 2016.

As Russia Cuts Gas, German Industry Grapples With Painful Choices

The German companies that drive Europe's biggest economy are contemplating painful cuts to their output and resorting to polluting forms of energy previously considered unthinkable as they adjust to the prospect of running out of Russian gas.

Coins and banknotes of Japanese yen are seen in this illustration picture taken June 16, 2022.

Govt Panel Member Says BOJ's Yield Cap Causing 'Negative Spiral' Of Yen Falls

The Bank of Japan's resolve to keep borrowing costs ultra-low is causing a "negative spiral" of yen weakness that highlights the need to tweak its yield cap policy, said Yuri Okina, a member of a key government panel, adding to criticism of the BOJ's policy.

Citigroup Creates New Asia Leadership Structure - Memo

Citigroup Inc has created a new regional leadership structure for its Asian business, according to a memo seen by Reuters.

Iron ore mining operations, including a rail network, can be seen in outback Western Australia near the city of Port Hedland in this aerial picture September 5, 2016.

'Appalling' Abuse: Australia To Push Miners To Set Up Register Of Offenders

Australia will push its mining industry to set up a register of sexual harassment perpetrators to help rein in abuse, a cabinet minister said, after a state government report detailed cases of "horrifying" and "appalling" behaviour against women.

Australia Inquiry Says Miners Fail To Protect Women, Backs Offender Register

Australia's mining industry should consider a register of sexual harassment perpetrators to help rein in widespread instances of abuse, a state government report said on Thursday, detailing cases of "horrifying" and "appalling" behaviour against women.

A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS

U.S. Recession Fears Darken Outlook For Global Growth

Manufacturing growth is slowing worldwide as China's COVID-19 curbs and Russia's invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a U.S.

Ukraine says their troops will 'hold on as long as necessary'

Ukraine Forced To Cede Key Battleground City

Ukraine forced to cede key battleground city

The smaller opposition Liberal Democrats are hoping to overturn at The Lib Dems the Conservative party's 24,000-majority in a by-election in Tiverton and Honiton in southwest England on Thursday

UK By-elections Pose Fresh Threat To Boris Johnson

UK by-elections pose fresh threat to Boris Johnson

Ukrainian service members rest among trees, as Russia's attack on Ukraine continues, outside the city of Sievierodonetsk, Ukraine June 19, 2022. Picture taken June 19, 2022.

Ukraine Becomes EU Membership Candidate As Donbas Battles Reach 'Fearsome Climax'

Ukraine became a candidate to join the European Union on Thursday, a bold geopolitical step triggered by Russia's invasion that Kyiv and Brussels hailed as an "historic moment".

Ukraine Takes Step Toward EU Membership As Battle In East Enters 'Fearsome Climax'

Ukraine will formally become a candidate to join the European Union on Thursday, a boost for the devastated country's morale as Russian assaults wear down the defenders of two cities in the eastern Donbas region.

Ukraine Takes Step Toward EU Membership As Russian Forces Tighten Vise On Donbas Cities

Ukraine is set to be accepted as a candidate to join the European Union on Thursday, a move that boosts the country's morale as Russian assaults wear down the defenders of two cities in the eastern Donbas region.

Ukraine Takes Tentative Step Towards EU Membership As Donbas Battles Reach 'Fearsome Climax'

Ukraine will be accepted as a candidate to join the European Union on Thursday, a move that will boost the country's morale as the battle with Russian troops for two cities in the east reached what one official called a "fierce climax".

Battle For Donbas Twin Cities Reaches 'Fearsome Climax', Says Ukraine

President Volodymyr Zelenskiy said Moscow's massive air and artillery attacks were aimed at destroying the entire Donbas region and urged Ukraine's allies to accelerate the shipment of heavy weapons to match Russia on the battlefield.

Ukraine's Zelenskiy Calls For Heavy Arms, EU Membership As Russia Pounds Cities

U.S. Dollar banknotes are seen in this illustration picture taken June 14, 2022.

Euro Slumps After Bleak PMIs, Dollar Drops Vs Yen

The euro fell across the board on Thursday as weaker-than-expected German and French PMI data confirmed that the euro zone economy is struggling to gain traction, prompting traders to trim bets on big interest rate hikes from the European Central Bank.