Bank Of Israel, BIS, Hong Kong Cenbank To Test Retail CBDC Feasibility
Israel's central bank said on Thursday it was teaming up with the Hong Kong Monetary Authority and the Bank of International Settlements' (BIS) Innovation Lab to test the feasibility of a central bank digital currency (CBDC) for retail.
ICC Prosecutor Aims To Show War Criminals Can't Escape Justice
The chief prosecutor of the International Criminal Court said on Thursday he hoped his war crimes investigation in Ukraine would show there can be no escape from justice during conflicts.
India's Economic Prospects Firm Despite Global Headwinds, Says RBI
India's domestic macroeconomic conditions have improved further despite the downside risks posed to global growth from commodity-driven inflation, its central bank said on Thursday.
Analysis: Why Us? Italy Seeks Way Out Of Low-wage Economy Trap
Diana Parini left her waitressing job at an Italian Alpine resort last month because she was fed up with the pay and conditions: eight euros per hour, of which six were paid cash-in-hand with no welfare or pension contributions.
Analysis-Why Us? Italy Seeks Way Out Of Low-wage Economy Trap
Diana Parini left her waitressing job at an Italian Alpine resort last month because she was fed up with the pay and conditions: eight euros per hour, of which six were paid cash-in-hand with no welfare or pension contributions.
Europe's Central Banks Jack Up Interest Rates To Fight Inflation Surge
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits.
EU Leaders Vow To Back Ukraine In Visit To War-torn Kyiv
EU leaders vow to back Ukraine in visit to war-torn Kyiv
BoE Unveils Fifth Straight Rate Hike As Inflation Soars
BoE unveils fifth straight rate hike as inflation soars
Lithuania Parliament Urges Criminal Prosecution Of Russian Leadership
The Lithuanian parliament on Thursday called for the criminal prosecution of Russia's leadership for its invasion of Ukraine and what it said is the wide-scale forced deportation of Ukrainians to Russian territory.
Vatican Discloses Uses Of Pope's Fund, Hoping To Shore Up Trust
The Vatican, in an apparent attempt to boost the confidence of the faithful in how their charitable contributions to the pope are used, on Thursday issued the first detailed disclosure of his main fund.
Vatican Discloses Uses Of Pope's Fund, Hoping To Reverse Sagging Trust
The Vatican, in an apparent attempt to boost the confidence of the faithful in how their charitable contributions to the pope are used, on Thursday issued the first detailed disclosure of his main fund.
Amsterdam's Schiphol Airport Limits Number Of Summer Passengers
Amsterdam's Schiphol Airport on Thursday set a cap on the number of passengers it will handle during the summer travel season, citing labour shortages.
French Left, Macron Allies Trade Barbs Ahead Of Tight Polls
French left, Macron allies trade barbs ahead of tight polls
Chile Tax Reform, Mining Royalty 'Priority Number One,' Minister Says
Chile's government is set to push forward its tax reform plans, including a bill on mining royalties, by the end of this month, a top cabinet member to President Gabriel Boric told Reuters, legislation that could impact the world's top copper producer.
Kevin Spacey Denies Sexual Assault Charges In UK Court
Kevin Spacey denies sexual assault charges in UK court
BoE Raises Rates By 25 Basis Points Again But Says Ready To Act Forcefully
The Bank of England raised interest rates by a further quarter of a percentage point on Thursday but said it was ready to act "forcefully" to stamp out dangers posed by an inflation rate heading above 11%.
High Fuel Prices To Persist Into 2023, Wood Mackenzie Says
Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil supplies and as refineries struggle to meet demand recovering from the pandemic, consultancy Wood Mackenzie said.
EDF Hopeful End In Sight For Long-delayed, Budget-busting Nuclear Plant
At a sprawling nuclear site in north western France, a banner next to a crane and a still-under-construction water reservoir confidently states: "Final stretch to get Flamanville 3 started safely and securely."
Trump Pressed, Threatened Pence To Overturn Election, Panel Hears
Former President Donald Trump pressured his vice president, Mike Pence, to overturn his 2020 election defeat despite being told repeatedly it was illegal to do so, aides to Pence told the congressional committee investigating the Jan.
Trump Was Told Pence Could Not Overturn Election But Still Pressured Him, Panel Hears
Former President Donald Trump pressured his vice president, Mike Pence, to overturn his 2020 election defeat despite being told repeatedly Pence had no authority to do so, aides to Pence told the congressional committee investigating the Jan.
U.S. Capitol Jan. 6 Panel Examines Trump's Pressure On Pence
The congressional committee investigating last year's deadly assault on the U.S.
U.S. Capitol Jan. 6 Panel Turns Attention To Pence At Thursday's Hearing
The congressional committee investigating last year's deadly assault on the U.S.
Wall Street Set To Crawl Higher Under Shadow Of Recession Fears
Wall Street's main indexes were set to open higher on Friday after a brutal selloff triggered by the Federal Reserve and other major central banks raising interest rates heightened recession fears.
Wall Street Sinks As Recession Fears Ripple Through Markets
U.S. stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal Reserve's largest rate increase since 1994 to combat decades-high inflation fanned worries of a recession.
Wall Street Slammed As Recession Worries Mount
U.S. stock indexes tumbled on Thursday, with growth shares bearing the brunt of the selloff, after the Federal Reserve's largest rate increase since 1994 to combat decades-high inflation fanned worries of a recession.
Wall Street Set To Slide On Rising Recession Fears
U.S. stock indexes were on track for sharp declines on Thursday, with growth shares taking the biggest hit, after the Federal Reserve's biggest rate increase since 1994 to tame rising prices fanned worries of a recession.
Futures Slide On Rising Recession Fears
U.S. stock index futures fell sharply on Thursday, with growth shares taking the biggest hit, after the Federal Reserve's biggest rate increase since 1994 to tame rising prices fanned worries of a recession.
McDonald's Agrees To Pay $1.3 Billion To Settle French Tax Dispute
McDonald's has agreed to pay $1.3 billion in fines and back taxes to settle a tax dispute in France, ending a long-running probe into whether the U.S.
Swiss Franc In Biggest Daily Jump Since 2015 After Rate Hike
Switzerland's franc soared on Thursday after the Swiss National Bank took markets by surprise with a large interest rate hike, putting the currency on track for its biggest one-day rise against the euro in more than seven years.
Swiss Franc Soars, Stocks Plunge After Surprise 0.5% Rate Hike
Switzerlad's franc and government bond yields soared on Thursday, after the Swiss National Bank took markets by surprise with a large interest rate hike.