Schroders to Engage Countries on Climate Risk With New Framework
Schroder Investment Management Ltd. will seek more answers from governments over climate and other ESG risks, as the
2023-06-01 10:57
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:23
Oil Extends Slump as Chinese Data Threatens Demand Outlook
Oil edged lower, extending its biggest decline in four weeks as weaker-than-expected economic data from China added to
2023-05-31 18:25
ECB’s Inflation Fight Exposes Fragilities in Financial System
The European Central Bank’s fight against stubbornly high inflation has revealed fragilities in the financial system that are
2023-05-31 16:29
Italy’s Crisis Guardian Counts Down to Exit as Meloni Mulls Successor
Prime Minister Giorgia Meloni has just five months left to find a new Bank of Italy chief in
2023-05-31 16:25
Italy’s Economy Grew More Than Anticipated in First Quarter
Italy’s economy grew more than anticipated at the start of the year, driven by household spending. Gross domestic
2023-05-31 16:25
Russia’s former president says UK officials are ‘legitimate military targets’
British public officials are a “legitimate military target” because of the UK’s support for Ukraine, former Russian president Dmitry Medvedev has warned. Mr Medvedev, deputy chairman of Vladimir Putin’s security council, claimed the UK’s support for Kyiv amounted to an “undeclared war” against Russia. His comments came after Foreign Secretary James Cleverly said Ukraine had the right to “project force beyond its borders” into Russia to resist Mr Putin’s invasion. The Ukrainian authorities have denied launching the drone attack which hit Moscow on Tuesday, but there has been an escalation in incidents within Russia either by Kyiv’s military or local groups opposed to the war. In response to the Foreign Secretary, Mr Medvedev said: “The goofy officials of the UK, our eternal enemy, should remember that within the framework of the universally accepted international law which regulates modern warfare, including the Hague and Geneva Conventions with their additional protocols, their state can also be qualified as being at war. “Today, the UK acts as Ukraine’s ally, providing it with military aid in the form of equipment and specialists, i.e., de facto, is leading an undeclared war against Russia,” he continued. “That being the case, any of its public officials (either military, or civil, who facilitate the war) can be considered as a legitimate military target.” UK defence officials believe the incursions into Russia are causing the redeployment of Moscow’s forces. The intelligence briefing from the Ministry of Defence said: “Since the start of May 2023, Russia has increasingly ceded the initiative in the conflict and is reacting to Ukrainian action rather than actively progressing towards its own war aims. “During May 2023, Russia has launched 20 nights of one-way-attack uncrewed aerial vehicle and cruise missile attacks deep inside Ukraine. “Russia has had little success in its likely aims of neutralising Ukraine’s improved air defences and destroying Ukrainian counter-attack forces. On the ground, it has redeployed security forces to react to partisan attacks inside western Russia.” Read More Russia-Ukraine war – live: Another drone attack destroys oil refinery as border town hit ‘Putin’s only response is violence’: How Russia is expected to react to the drone attack on Moscow New US aid package for Ukraine will total about $300 million and include munitions for drones Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-05-31 16:24
Glencore Prepares Sweetened Teck Bid as Deadlock Drags On
Glencore Plc is getting closer to increasing its offer for Teck Resources Ltd., in a move aimed at
2023-05-31 16:17
Turkish Economic Growth Accelerates, With Risk of Slowdown Ahead
Turkey’s economy expanded faster than expected at the start of the year, bolstered by pre-election spending and strong
2023-05-31 15:50
French Inflation Slows More Than Expected to Weakest in Year
French inflation eased more than anticipated, reaching its lowest level in a year in a boost to those
2023-05-31 15:27
South Korea Is Wagering Its Stock Market Fortunes on MSCI’s ‘Developed’ Status
For years, South Korea has been home to more global conglomerates than Hong Kong, boasted a higher purchasing
2023-05-31 07:22
Turkish Lira Sinks, Stocks Gain as Investors Bet on Policy Shift
Turkey’s currency weakened to a record low amid concerns about external financing needs, while stocks rallied as investors
2023-05-30 23:46