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KYIV (Reuters) – Ukraine’s exports fell more than 50% in March compared with the same month in 2021 because of the war with Russia, a senior central bank official said on Friday. Kateryna Rozhkova, the bank’s first deputy governor, said exporters were …

KYIV (Reuters) – Ukraine hopes to grow export capacity by 50% in the next few months by expanding facilities on its western border, but it will still be far short of pre-war levels, the deputy infrastructure minister said on Friday. More than ten seapo…

KYIV (Reuters) – Ukraine’s international reserves fell to $26.945 billion as of end-April from $28.107 billion in March as a result of central bank foreign currency interventions currency to fulfill importers’ demand, the bank said on Friday. The centr…

By Alessandra Prentice and Joseph Campbell NOVOTAVRYCHESKE, Ukraine (Reuters) – Viktor Golovachuk returned from a night shift at his local steel plant in southeastern Ukraine on Friday to find a munition attack had blown the roof off his house, destroy…

(Reuters) – British convenience store chain McColl’s said on Friday it had been placed under administration of accounting and consulting firm PriceWaterhouseCoopers, as it failed to get short-term funding from lenders to stay afloat. The news follows a…

By Emilio Parodi MILAN (Reuters) -An Italian appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged had helped Monte dei Paschi di Siena hide losses in one of Italy’s big…

PRAGUE (Reuters) – The Czech crown dropped by 1.6% to the euro on Friday afternoon after news that board member Ales Michl was expected to become new central bank governor. A Prague trader said the drop was also driven by risk-off mood before the weeke…

PRAGUE (Reuters) – The Czech National Bank’s board did not have a big discussion at its last meeting on selling part of the central bank’s foreign exchange reserves for monetary policy purposes, Governor Jiri Rusnok said on Friday. The bank however dec…

PRAGUE (Reuters) – The Czech Republic is ready to raise its stake in a key pipeline and invest to increase its capacity and bring an end to the country’s partial dependence on Russian oil, Industry and Trade Minister Jozef Sikela said on Friday. The TA…

By Paul Sandle LONDON (Reuters) -British Airways-owner IAG cut back plans to ramp up short-haul flights to avoid disruption at Heathrow airport this summer, sending its shares skidding 8% on Friday after admitting it doesn’t have enough staff to cope. …