Putin evokes Stalingrad to predict victory over ‘new Nazism’ in Ukraine

Russian president speaks in Volgograd 80 years have passed since the Soviet victory in Stalingrad Putin draws parallels with Russia’s campaign in Ukraine This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. VOLGOGRAD, Russia, Feb 2 (Reuters) – President Vladimir Putin evoked the spirit of the Soviet … Read more

Asset managers, banks call on EU to cost plans to grab euro clearing from London

LONDON, Feb 2 (Reuters) – Asset managers, hedge funds and banks on Thursday called on the European Union to properly cost its plans to force market participants to shift derivatives clearing business from London to mandatory accounts in the bloc. London Stock Exchange Group’s LCH and ICE in London have long dominated parts of the … Read more

Airbus and Qatar Airways settle bitter A350 jet row

PARIS, Feb 1 (Reuters) – Airbus ( AIR.PA ) and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The “amicable and mutually agreeable settlement” ends a $2 … Read more

Morning bid: Markets go all in for disinflation

SYDNEY, Feb 2 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Push back? What push back? The main theme ahead of the Fed announcement was that Chair Jerome Powell would definitely, totally, absolutely push back against the recent rapid easing in market conditions given inflation was still … Read more

Exclusive: EV maker Rivian to cut 6% of jobs amid price war – internal memo

SAN FRANCISCO, Feb 1 (Reuters) – Rivian Automotive (RIVN.O) is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with falling cash reserves and a weak economy, braces for an industry -wide price war. The company is focusing resources on ramping up vehicle production and reaching … Read more

Scholz bid to rally Ukraine support in South America falls flat

SANTIAGO/BRASILIA, Jan 30 (Reuters) – German Chancellor Olaf Scholz’s bid this week to rally support for Ukraine in the face of Russia’s invasion during his first South American tour fell flat, with Brazilian President Luiz Inacio Lula da Silva reiterating his view both parties shared blame. Scholz has sought to project unity on Ukraine during … Read more

German retail sales post shock fall in December

BERLIN, Jan 31 (Reuters) – German retail sales unexpectedly fell in December, as a Christmas shopping period weighed down by high inflation and the energy crisis revived fears of a more market slowdown in Europe’s largest economy this winter, data showed on Tuesday. Retail sales decreased by 5.3% in December compared with the previous month, … Read more

Manhunt continues for ‘extremely dangerous’ kidnapping suspect: Police – ABC News

Manhunt continues for ‘extremely dangerous’ kidnapping suspect: PoliceABC News Man wanted for attempted murder is using dating apps while on the run, cops sayArs Technica Wanted Oregon torture suspect could change his appearance, police say; new photos releasedKOIN.com Search for Oregon man using dating apps to evade capture continuesNBC News View Full Coverage on Google … Read more

Western allies differ over jets for Ukraine as Russia claims gains

Biden says “no” when asked about F-16s for Ukraine Zelenskiy says Moscow seeks ‘big revenge’ Russian administrator claims foothold in Vuhledar Kyiv could recapture ground when Western weapons arrive – group KYIV, Jan 31 (Reuters) – Ukraine’s defense minister is expected in Paris on Tuesday to meet President Emmanuel Macron amid a debate among Kyiv’s … Read more