European bank stocks bounce as Italy softens windfall tax blow
Banking stocks in Italy and elsewhere in Europe rebounded Wednesday after the country watered down a plan to whack its banks with a surprise one-off 40% tax on their windfall profits.
2023-08-09 20:29
Extinction alert issued for Mexico's threatened vaquita porpoise
MEXICO CITY The International Whaling Commission (IWC) said on Monday it has issued an extinction alert for the
2023-08-09 17:16
Forty-one migrants die in shipwreck off Italy
Forty-one migrants died in a shipwreck off the Italian island of Lampedusa, survivors tell local media.
2023-08-09 16:53
Italy banks stocks regain ground as cap set on windfall tax
ROME (Reuters) -Italian banking stocks rose in early trade, regaining some of the ground lost after the government late on
2023-08-09 16:18
China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is
2023-08-09 12:22
UK inflation to exceed BoE target for next 4 years: NIESR
By David Milliken LONDON The Bank of England will not succeed in returning inflation to its 2% target
2023-08-09 07:18
Italy slaps 40% one-off windfall tax on its banks
Italy dealt a surprise blow to its banks and sent shockwaves across the sector in Europe by setting a one-off 40% tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward depositors.
2023-08-08 21:29
Italian man dies after being crushed by thousands of wheels of cheese
An Italian cheesemaker died on Sunday after being crushed by thousands of rounds of Grana Padano cheese in the aging room of his factory in Bergamo, northern Italy, local authorities said.
2023-08-08 20:24
UK Electoral Commission says it was hacked by 'hostile actors'
LONDON (Reuters) -Britain's Electoral Commission said on Tuesday it had been targeted in a complex cyber incident first identified last
2023-08-08 19:54
Kanye West performs at Travis Scott concert after antisemitism scandal
It's the first public performance since the rapper caused controversy with a series of antisemitic posts.
2023-08-08 17:24
Nigeria's President Tinubu faces backlash over military intervention in Niger
President Tinubu is facing strong opposition to any deployment of troops to oust Niger's junta.
2023-08-08 07:51
Rainy July hurts UK retailers: spending growth slowest in 11 months
LONDON British retailers suffered from heavy rain in July on top of the impact of high inflation with
2023-08-08 07:22