Sunday, August 1, 2021

ECB’s Lagarde defends bond buys against northern challenge

European Central Bank President Christine Lagarde on Monday defended the aggressive stimulus measures taken by the ECB in response to the coronavirus pandemic, saying...

Factbox: EU lawmakers vote on ‘quick fix’ bank capital relief

A panel of European Parliament members are set to back "quick fix" proposals on Monday to temporarily help banks step up the flow of...

Britain’s interior minister says violent protestors should face justice

A minority of protesters who were violent during the weekend's "Black Lives Matter" protests in Britain undermined the cause and should face justice, interior...

Italy reports 65 coronavirus deaths on Monday, 280 new cases

Deaths from the COVID-19 epidemic in Italy climbed by 65 on Monday against 53 the day before, the Civil Protection Agency said, while the...

World Bank says coronavirus to shrink 2020 global output by 5.2%

The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning that its latest forecasts...

El Al extends unpaid leave, says can’t resume without bailout

El Al Israel Airlines on Monday extended unpaid leave for 5,800 workers until July 31 and said that without state aid it will not...

Saudi Arabia considers limiting haj pilgrims amid COVID-19 fears

Saudi Arabia could drastically limit numbers at the annual haj pilgrimage to prevent a further outbreak of coronavirus after cases in the country topped...

European corporate default rate to spike: S&P Global

Europe's speculative-grade corporate default rate is expected to more than treble to 8.5% by next March rating S&P Global said on Monday, though in...

EU watchdog aims for speedy approval of remdesivir as COVID-19 treatment

The European health regulator said on Monday it would look to fast-track the approval of Gilead Sciences Inc's antiviral remdesivir as a potential COVID-19...

Turkish judge rules to keep five suspects in jail over Ghosn escape

A Turkish judge ruled on Monday to keep five people in jail at the start of their trial over former Nissan boss Carlos Ghosn's...

Latest news