News Archives for Print - 2022-03-31

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Print - 2022-03-31

Energy

French energy regulator does not expect gas supply problems

PARIS: France should not have any problems with energy supplies, the head of the country’s CRE regulatory body ...

Published 31 Mar, 2022 07:58am

Money & Banking

US economic growth accelerates in Q4; corporate profits slow

WASHINGTON: The US economy grew robustly in the fourth quarter, the government confirmed on Wednesday, but momentum...

Published 31 Mar, 2022 07:58am

Iran again bans women from football stadium

TEHRAN: Iran has once again denied women entry to a football stadium to watch an international match, leaving...

Published 31 Mar, 2022 07:54am

Energy

Energy prices push Spanish inflation to 37-year high

MADRID: Spanish inflation has surged to a near 37-year high due to soaring energy prices following Russia’s...

Published 31 Mar, 2022 07:54am

Egypt must release detained Coptic Christians: Amnesty

BEIRUT: Amnesty International on Wednesday called on the Egyptian authorities to release nine Coptic Christians who...

Published 31 Mar, 2022 07:54am

Money & Banking

Kremlin-funded RT France says staff bank accounts blocked

MOSCOW: Kremlin-funded channel RT France said Wednesday that a French bank had blocked accounts of several Russian...

Published 31 Mar, 2022 07:54am

Money & Banking

Europe cost of living to spiral as Ukraine war drags on: Lagarde

NICOSIA: European Central Bank chief Christine Lagarde warned Wednesday that a prolonged conflict in Ukraine would...

Published 31 Mar, 2022 07:54am

Africa

Ethiopia govt, rebels trade accusations over aid delay

ADDIS ABABA: The Ethiopian government and Tigrayan rebels on Tuesday accused each other of blocking a humanitarian...

Published 31 Mar, 2022 07:54am

Israel’s Bennett warns of terror ‘wave’ after shooting rampage

BNEI BRAK, (Israel): Prime Minister Naftali Bennett warned of a “wave of murderous Arab terrorism” ahead of...

Published 31 Mar, 2022 07:54am

Russian, US ISS record-holders return to earth

ALMATY, (Kazakhstan): A record-breaking US astronaut and two Russian cosmonauts reached Earth Wednesday, with...

Published 31 Mar, 2022 07:54am

Industry

Indebted Evergrande to sell $575m stake in mega-project

BEIJING: Troubled Chinese developer Evergrande on Wednesday said it will sell its stake in an incomplete development...

Published 31 Mar, 2022 07:54am

Australian beach town of Byron Bay inundated by floodwaters

SYDNEY: The Australian coastal enclave of Byron Bay, known for its celebrity residents and idyllic beaches, was...

Published 31 Mar, 2022 07:54am

Money & Banking

China’s largest banks signal tough times ahead

SHANGHAI: Three of China’s largest banks have said that the country’s lenders face multiple headwinds this year...

Published 31 Mar, 2022 07:41am

Money & Banking

Argentina interest rate seen up 150-350 bps in April after IMF deal

BUENOS AIRES: Argentina’s central bank is likely to hike the benchmark interest rate between 150 and 350 basis...

Published 31 Mar, 2022 07:41am

At least 11 FARC dissidents killed in combat, Colombia army says

BOGOTA: At least 11 members of a group formed by former FARC rebels who reject a peace deal were killed in combat...

Published 31 Mar, 2022 07:41am

Blinken in Morocco for security talks, meets with UAE leader

RABAT: US Secretary of State Antony Blinken on Tuesday visited Morocco, where he discussed regional security and met...

Published 31 Mar, 2022 07:41am

Stocks

US mulls shaking up stock trading rules to aid small investors

NEW YORK: Wall Street’s regulator is considering changes to stock market rules to increase competition for orders...

Published 31 Mar, 2022 07:41am

Commodities

China state planner asks coal index providers to rectify irregularities

BEIJING: China’s state planner has asked some major coal price index providers to rectify “severe...

Published 31 Mar, 2022 07:34am

Companies

J&J to stop selling personal care products in Russia

LONDON: Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other...

Published 31 Mar, 2022 07:33am

Energy

Spain bans job dismissals linked to soaring energy prices

MADRID: The Spanish government on Tuesday banned firms which get state aid to deal with the economic impact of...

Published 31 Mar, 2022 07:33am

Industry

China industrial profits up, but mired in single-digit growth

BEIJING: Profit growth at China’s industrial firms accelerated in January-February in line with other signs of...

Published 31 Mar, 2022 07:33am

Russia draws up law to force taxi firms to share data with FSB

MOSCOW: Russia’s transport ministry has drawn up a law that would oblige taxi companies to share data with the...

Published 31 Mar, 2022 07:33am

Africa

EU to lend Tunisia 450m euros and pledges investment

TUNIS: The European Union plans to lend Tunisia 450 million euros ($500 million) to support its budget and invest 4...

Published 31 Mar, 2022 07:33am

Wildfire threat puts parts of Texas, US Plains on alert

NEW YORK: The potential for significant wildfires fueled by parched vegetation in parts of Texas and the US Plains...

Published 31 Mar, 2022 07:33am

Asia

China OKs US NTSB travel to take part in Boeing 737-800 crash probe

WASHINGTON: China has issued visas to American investigators and technical advisers to support its investigation ...

Published 31 Mar, 2022 07:33am

Europe

Ukraine says 5,000 dead in ‘catastrophic’ Mariupol siege

KYIV: Ukraine said Monday that at least 5,000 people have died in the “catastrophic” humanitarian crisis ...

Published 31 Mar, 2022 07:33am

France tries Chilean accused of murdering Japanese ex-lover

BESANÇON: A Chilean man appeared in court in France Tuesday accused of the murder of his Japanese ex-girlfriend,...

Published 31 Mar, 2022 07:33am

Europe

Ukraine retakes Kyiv suburb, as talks resume under shadow

KYIV: Ukrainian forces recaptured a key Kyiv suburb and desperately clung onto control of the besieged city of...

Published 31 Mar, 2022 07:33am

In villages near Kyiv, how Ukraine has kept Russia’s army at bay

LUKYANIVKA: The burnt wreckage of two Russian tanks with blown off turrets and several armoured personnel carriers...

Published 31 Mar, 2022 07:33am

In Istanbul and Dubai, Russians pile into property to shelter from sanctions

ISTANBUL/DUBAI: Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking ...

Published 31 Mar, 2022 07:14am

Money & Banking

Russia mulls delisting firms’ depositary receipts from foreign exchanges

MOSCOW: Russia’s Economy Ministry has proposed delisting Russian companies’ depositary receipts from foreign...

Published 31 Mar, 2022 07:14am

Money & Banking

Czech central bank seen raising rates to highest since 2001

PRAGUE: The Czech National Bank is set to raise its main rate by 50 basis points to 5.00% on March 31, a Reuters ...

Published 31 Mar, 2022 07:14am

UK public inflation expectations hit new record high: Citi/YouGov

LONDON: The British public’s expectations for inflation over the next five to 10 years hit a record high this...

Published 31 Mar, 2022 07:14am

Iran’s president approves public budget

DUBAI: Iranian President Ebrahim Raisi approved on Tuesday the public budget for the Persian year which started on...

Published 31 Mar, 2022 07:14am

Ships stranded in Ukraine as conflict slows UN rescue efforts

LONDON: With more than 1,000 seafarers stranded on ships in Ukrainian ports and food supplies running low, the ...

Published 31 Mar, 2022 07:14am

Queen leads royals including Andrew in Prince Philip tribute

LONDON: Ailing Queen Elizabeth II on Tuesday made her first major public appearance in months, at a thanksgiving...

Published 31 Mar, 2022 06:31am

Europe

Spain scraps quarantine for mild Covid cases

MADRID: Spain on Monday ended a requirement that people with mild cases of Covid-19 self-isolate as part of a shift...

Published 31 Mar, 2022 06:31am

Europe

France’s Macron hits back at rival over ‘killer’ chants

DIJON: French President Emmanuel Macron hit the campaign trail on Monday and immediately took aim at his far-right...

Published 31 Mar, 2022 06:31am

Europe

Five fates that tell the story of Hungary under Orban

BUDAPEST: Hungary’s Prime Minister Viktor Orban calls his 12 years in power a “conservative revolution”,...

Published 31 Mar, 2022 06:31am

Commodities

Commodities trading houses help keep Russian oil flowing

LAUSANNE: Commodities traders such as Trafigura and Vitol have helped keep Russia’s oil flowing through its Baltic...

Published 31 Mar, 2022 06:31am

Money & Banking

Ukraine’s bonds rally further

LONDON: Ukraine’s government bond prices climbed further on Tuesday, hitting their highest since the start of...

Published 31 Mar, 2022 06:31am

Europe

Belgium expels 21 Russians amid similar moves elsewhere in EU

BRUSSELS: Belgium has expelled 21 Russian diplomats for alleged spying and posing threats to security, the foreign...

Published 31 Mar, 2022 06:31am

Middle East

Abbas slams West’s ‘double standards’ on Ukraine, Palestinians

RAMALLAH: Palestinian President Mahmud Abbas criticised Sunday the West’s “double standards” that he said...

Published 31 Mar, 2022 06:31am

Money & Banking

Barclays faces $590m hit, scrutiny over sales slip-up

LONDON/NEW YORK: British bank Barclays faces an estimated 450 million pound ($592 million) loss and regulatory...

Published 31 Mar, 2022 06:31am

Saving nature: Conserving 30pc of the land, sea just the start

GENEVA: Expanding nature reserves to cover at least 30 percent of the planet by 2030 is the flagship proposal of...

Published 31 Mar, 2022 06:31am

Energy

Russia’s gas supply to Europe at risk as rouble deadline nears

FRANKFURT/LONDON: Russia said it would work out practical arrangements by Thursday for foreign companies to pay for...

Published 31 Mar, 2022 06:31am

Europe

‘Revenge’: Russia strikes break in battered Mykolaiv

MYKOLAIV: Several days of calm in the southern Ukrainian city of Mykolaiv came to an abrupt end around ...

Published 31 Mar, 2022 06:27am

USA

US agency to review if Pony.ai complied with crash reporting order

WASHINGTON: The National Highway Traffic Safety Administration (NHTSA) on Tuesday said it will review whether ...

Published 31 Mar, 2022 06:07am

South Asia

Hospitals suspend routine surgeries: Sri Lanka faces 13-hour blackouts

COLOMBO: Sri Lanka announced nationwide 13-hour daily power cuts from Thursday and more hospitals suspended routine...