By Huw Jones
LONDON (Reuters) - Britain's regulators lack the mindset to boost growth and the financial sector's global competitiveness, and need parliamentary backing to accept more risk when applying rules, the City of London said on Wednesday.
Chris Hayward, policy leader at the City, which administers the capital's financial district, said that a new public-private body is needed to attract foreign investment.
The sector... (continue reading...)
AMSTERDAM (Reuters) - Dutch far-right leader Geert Wilders said on Wednesday he expected a new right-wing government to be operational by the end of June, even though he has yet to find a suitable prime minister to lead it.
Wilders' nationalist PVV party was the clear winner of elections in November, and last week after almost six months of tense negotiations it struck a coalition deal with three other conservative parties.
But it still... (continue reading...)
(Reuters) - A Russian air attack on Ukraine's northeastern city of Kharkiv on Wednesday injured at least nine people, at least one severely, and set fire to a residential building, local officials said.
"One of the guided aerial bombs, according to preliminary data, hit a cafe. It is very close to a multi-storey residential building," Serhii Bolvinov, head of the investigative department of the regional police, told national TV.
... (continue reading...)KYIV (Reuters) - Ukraine has equipped some of its naval drones with multiple rocket launching systems and used them to fire at Russian positions in combat, a Ukrainian intelligence source told Reuters on Wednesday.
Ukraine, which no longer has any significant warships in its fleet, has used uncrewed naval drones packed with explosives to sail up to Russian warships in the Black Sea, detonating on impact.
The systems have played a part... (continue reading...)
BERLIN (Reuters) - Defence, social spending and interest payments are limiting the scope for other investments in the German budget, German Finance Minister Christian Lindner said on Wednesday.
"Our federal budget is characterised by social spending, defence and interest [payments]," Lindner said at the economic Humboldt forum in Berlin. "These are the big blocks."
For the 2025 budget, some ministries are pushing for higher spending,... (continue reading...)
More Reuters
View Older Stories-
Qatar Emir, Kuwait foreign minister travel to Iran for Raisi funeral
-
Israel allows return to three evacuated West Bank settlements
-
Cannes entry 'Anora' aims to destigmatize sex work, says director
-
Dozens of people and groups are suspects in 2017 London housing blaze
-
India's poll panel orders Modi's BJP, opposition Congress to show restraint in campaign
-
Shell sees emerging Asian markets taking more of world's growing LNG supply
-
Biogen to buy Human Immunology Biosciences for up to $1.8 billion deal
-
Canada's TSX to extend record-setting rally as metal prices soar: Reuters poll
-
Off-price retailer TJX lifts annual profit forecast on strong demand, lower costs
-
France says conditions for recognising Palestine as state not met yet - foreign mister
-
UK's Sunak, asked about summer election, says vote will be in second half of year
-
Several Chinese cities slash down payments, mortgage rates to boost property demand
-
European Commission official sees $100 billion in private chip investment by 2030
-
Paparazzi photographer accuses French actor Depardieu of Rome assault
-
Cubans put Asian silkworms to work for artisans in experimental project
-
Analog Devices forecasts quarterly revenue above estimates on chip market recovery
-
Americans keep vehicles for record 12.6 years on average despite easing supplies, S&P says
-
An Argentine railway builder suffers in the shadow of Milei's cuts
-
Analysis-Israel's allies grapple with bid for ICC warrant against Netanyahu
-
Venezuela opposition tugs on heartstrings in unusual presidential campaign
-
US consumer watchdog will apply credit card rules to buy now, pay later companies
-
Kremlin says the West needs to engage in talks to defuse rising nuclear tensions
-
Brazilian court rules against Petrobras in $193 million tax case
-
South Africa's inflation slows but no rate cut seen in election week
-
Temu-parent PDD Holdings beats first-quarter revenue estimates
-
European shares to hit pause before rising again in 2025: Reuters poll
-
Death of Iran's president has delayed talks with IAEA, Grossi says
-
Target issues weak forecast as shoppers pull back; shares tumble
-
Indonesia mulls ban on investigative journalism, LGBT content
-
Summit host South Korea says world must cooperate on AI technology
-
Kremlin says EU plan to take revenue from frozen Russian assets is still theft
-
Factbox-Who will lead South Africa after the May 29 election?
-
Analysis-Emerging market credit ratings are finally looking up again
-
Biden to secure 200th judicial confirmation as election looms
-
Futures down on caution ahead of Nvidia results, Fed minutes
-
Iran Supreme Leader leads prayers at Raisi funeral as election looms
-
'The Algebra of Wealth': Professor Galloway’s fiscal formula
-
Morning bid: Nvidia nears, UK CPI lunge misses target
-
How Trump's hush money trial verdict could affect the 2024 election
-
Exiled Chinese businessman Guo Wengui goes on trial for fraud
-
Fed shifts talk to 'scenarios' as policy grows less certain
-
Indian election casts spotlight on Modi look-alikes
-
Missing Bangladeshi lawmaker found murdered in India, minister says
-
Bundesbank warns of inflation risk as wages rise more than expected
-
China takes measures against 12 U.S. military-linked firms
-
Congo lawyers say they have new evidence on Apple's minerals supply chain
-
Israeli forces move deeper into Rafah in night of heavy battle
-
Amazon Web Services to invest $17.02 billion in data centres in Spain
-
Microsoft ties up with UAE-based AI firm to invest $1 billion in Kenya data center
-
UK defence minister says China working to supply lethal aid to Russia