financial crisis

Image for Finnish utility Fortum plans to quit Russia
Top Stories

Finnish utility Fortum plans to quit Russia

COPENHAGEN (Reuters) – Finnish utility Fortum said on Thursday it was looking to sell its assets in...

12th May, 2022

Image for Explainer-Can Elon Musk renegotiate a lower price for his Twitter deal?
Top Stories

Explainer-Can Elon Musk renegotiate a lower price for his Twitter deal?

By Greg Roumeliotis (Reuters) – Twitter Inc shares have plunged to their lowest level since the soci...

11th May, 2022

Image for The meeting, then the mob. A ‘turning point’ in Sri Lankan crisis
Top Stories

The meeting, then the mob. A ‘turning point’ in Sri Lankan crisis

By Alasdair Pal and Uditha Jayasinghe COLOMBO (Reuters) – On Monday morning, hundreds of supporters...

11th May, 2022

Image for UK consumer despair suggests government mishandling inflationary crunch
Top Stories

UK consumer despair suggests government mishandling inflationary crunch

By Andy Bruce LONDON (Reuters) – The tide of pessimism sweeping through Britain’s households is unma...

11th May, 2022

Image for Explainer-What will a Marcos presidency in the Philippines look like?
Top Stories

Explainer-What will a Marcos presidency in the Philippines look like?

By Martin Petty (Reuters) – Ferdinand Marcos Jr has swept an election in the Philippines and will be...

10th May, 2022

Image for Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID
Top Stories

Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID

By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Tesla operated its Shanghai pla...

10th May, 2022

Image for For some European states, rising debt costs rekindle 2011 crisis memories
Top Stories

For some European states, rising debt costs rekindle 2011 crisis memories

By Dhara Ranasinghe LONDON (Reuters) – The rise in European bond yields is alarming some economists,...

10th May, 2022

Image for Greek inflation jumps to 10.2% y/y in April, hits 28-year high
Top Stories

Greek inflation jumps to 10.2% y/y in April, hits 28-year high

ATHENS (Reuters) – Greece’s annual consumer inflation jumped to its highest level in 28 years in Apr...

10th May, 2022

Image for Sri Lanka gives emergency powers to military, police after clashes kill seven
Top Stories

Sri Lanka gives emergency powers to military, police after clashes kill seven

By Alasdair Pal and Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka gave emergency powers on Tuesday...

10th May, 2022

Image for Ukraine’s Odesa douses fires after Russian Victory Day strikes
Top Stories

Ukraine’s Odesa douses fires after Russian Victory Day strikes

By Pavel Polityuk and Jonathan Landay KYIV/KHARKIV, Ukraine (Reuters) – Firefighters battled blazes...

10th May, 2022

Image for Stablecoin Terra’s broken dollar peg hits wider crypto markets
Top Stories

Stablecoin Terra’s broken dollar peg hits wider crypto markets

By Alun John HONG KONG (Reuters) – TerraUSD, the world’s fourth-largest stablecoin, lost a third of...

10th May, 2022

Image for Germany prepares crisis plan for abrupt end to Russian gas – sources
Top Stories

Germany prepares crisis plan for abrupt end to Russian gas – sources

By John O’Donnell BERLIN (Reuters) -German officials are quietly preparing for any sudden halt in Ru...

10th May, 2022