By Ece Toksabay and Essi Lehto ANKARA/HELSINKI (Reuters) -President Tayyip Erdogan said on Friday it was not possible for NATO-member Turkey to support plans by Sweden and Finland to join the pact given that the Nordic countries were “home to many terr…
Prince William and wife Kate take over UK airwaves to fight loneliness
LONDON (Reuters) – Prince William and his wife Kate took over the airwaves of every radio station in the United Kingdom on Friday to deliver a message encouraging the British public to look out for anyone who might be feeling lonely. The “Mental Health…
Four reasons why the bond market rout may be over
By Yoruk Bahceli (Reuters) – Battered U.S. and German government bond markets have just put in their best weekly performance since early March, suggesting a painful surge in yields due to high inflation may finally be abating as the focus turns to grow…
Musk says $44 billion Twitter deal on hold over fake account data
By Greg Roumeliotis and Sheila Dang (Reuters) – Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twi…
Factbox-Russia’s response to Western sanctions
LONDON (Reuters) – A package of sanctions imposed on Russia, its top companies and its business and political elite over Moscow’s invasion of Ukraine look set to trigger a deep recession in Russia. Here is a summary of the economic consequences and Rus…
Airbus bows to Queen’s jubilee and delays key investor meeting
By Tim Hepher PARIS (Reuters) – Plans by Airbus to host its largest investor meeting in three years have been postponed after the keenly awaited presentation clashed with Queen Elizabeth’s jubilee, ruffling feathers among the aerospace giant’s British …
London stocks clock weekly gains; defensive shares rise
By Bansari Mayur Kamdar and Amal S (Reuters) – Britain’s FTSE 100 rallied on Friday to erase weekly losses, aided by gains in defensive stocks, although concerns over stubborn inflation and economic slowdown kept sentiment in check. The blue-chip FTSE …
N.Ireland’s DUP says it will block new Assembly
Belfast (Reuters) – Northern Ireland’s Democratic Unionist Party on Friday said it would block the election of a speaker for the Northern Ireland Assembly, in a move that would shut down the British-run province’s newly elected legislature. In a statem…
Norway March GDP points to recovery after Q1 contraction
OSLO (Reuters) – Norway’s economy contracted in the first quarter amid coronavirus lockdowns, but growth resumed towards the end of the period, Statistics Norway (SSB) data showed on Friday. Norway has scrapped its coronavirus curbs in recent months wi…
Explainer-How N.Korea’s COVID-19 outbreak could ignite a major health crisis
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) – North Korea’s admission that it is battling an “explosive” COVID-19 outbreak has raised concerns that the virus could devastate a country with an under-resourced health system, limited testing capabili…