Exclusive: ECB union says staff losing faith in leadership over inflation, pay

Exclusive: ECB union says staff losing faith in leadership over inflation, pay

40% of ECB staff has low or no trust Two-thirds say confidence is damaged 63% worried about ECB’s ability to protect purchasing power FRANKFURT, Jan 18 (Reuters) – (This Jan. 17 story has been corrected to restore the dropped words in paragraph 11) European Central Bank staff are losing confidence in the institution’s leadership following … Read more

Sirens wail in Kyiv as city hit by Russian drone attack

Sirens wail in Kyiv as city hit by Russian drone attack

Drone attack forces Kyiv residents to shelter Follows biggest aerial assault of war a day earlier NATO chief calls for more weapons for Ukraine Britain sends metal detectors to clear landmines Both sides in eastern frontline of Ukraine still dug in KYIV, Dec 30 (Reuters) – Residents of the Ukrainian capital Kyiv were urged to … Read more

COVID travel curbs against Chinese visitors ‘discriminatory’ -state media

COVID travel curbs against Chinese visitors ‘discriminatory’ -state media

U.S., Japan, others require COVID tests from Chinese visitors China state media calls COVID travel curbs “discriminatory” China’s factory activity likely cooled in December -poll BEIJING, Dec 30 (Reuters) – Chinese state-media said COVID-19 testing requirements imposed by several places around the world in response to a surging wave of infections were “discriminatory”, in the … Read more

TSMC starts volume production of most advanced chips in Taiwan

TSMC starts volume production of most advanced chips in Taiwan

TAINAN, Taiwan, Dec 29 (Reuters) – Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)(2330.TW), began mass production of its most advanced chips in southern Taiwan on Thursday and the company’s chairman said it would continue to expand capacity on the island. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the … Read more

Turkey’s Erdogan drops retirement age requirement for millions

Turkey’s Erdogan drops retirement age requirement for millions

ANKARA, Dec 28 (Reuters) – President Tayyip Erdogan eliminated a retirement age requirement on Wednesday in a move that allows more than 2 million Turkish workers to retire immediately, less than six months before an election. The announcement was made during a news conference and follows Erdogan’s ruling AK Party delivering a hefty hike to … Read more

Explosions rock Ukrainian cities as Russia launches ‘more than 100 missiles’ in waves

Explosions rock Ukrainian cities as Russia launches ‘more than 100 missiles’ in waves

KYIV/BAKHMUT, Ukraine, Dec 29 (Reuters) – Air raid sirens rang across Ukraine as Russia unleashed more than 100 missiles on Thursday morning, according to a Ukrainian presidential adviser, and blasts were heard in several cities, including the capital Kyiv.”A massive air raid. More than 100 missiles in several waves,” presidential office adviser Oleksiy Arestovych wrote … Read more

China’s vast countryside in rush to bolster COVID defences

China’s vast countryside in rush to bolster COVID defences

Hospitals, funeral parlours overwhelmed by COVID wave Some countries impose testing rules on Chinese travellers China reports one new COVID death for Dec. 28 SHANGHAI/BEIJING, Dec 29 (Reuters) – China’s sprawling and thinly resourced countryside is racing to beef up medical facilities before hundreds of millions of factory workers return to their families for the … Read more

Twitter back online after global outage hits thousands

Twitter back online after global outage hits thousands

Dec 28 (Reuters) – Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back online. The incident is the social media site’s first apparent widespread service disruption since … Read more

Serbs in northern Kosovo to start removing barricades from Thursday

Serbs in northern Kosovo to start removing barricades from Thursday

Third major border crossing closed on Wednesday Serbs in northern Kosovo resist moves they see as anti-Serb Kosovo declared independence, with backing of West, in 2008 MITROVICA, Kosovo, Dec 28 (Reuters) – Kosovo Serbs who have been blocking roads in northern Kosovo for 19 days have agreed to start removing barricades from Thursday morning, bowing … Read more

Ship insurers to cancel war cover for Russia, Ukraine from Jan 1

Ship insurers to cancel war cover for Russia, Ukraine from Jan 1

LONDON, Dec 28 (Reuters) – Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance clients on Jan. 1, giving them the first opportunity to … Read more