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

BOJ defies market bets for policy tweaks, yen tumbles

BOJ defies market bets for policy tweaks, yen tumbles

BOJ keeps interest rate targets, yield band intact BOJ ramps up market operation tool, signal status quo on YCC Board raises inflation forecasts but cuts growth projections TOKYO, Jan 18 (Reuters) – The Bank of Japan on Wednesday maintained ultra-low interest rates, including a bond yield cap it was struggling to defend, defying market expectations … 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

Soccer star Pele, Brazilian legend of the beautiful game, dies at 82

Soccer star Pele, Brazilian legend of the beautiful game, dies at 82

SAO PAULO, Dec 29 (Reuters) – Pele, the legendary Brazilian soccer player who rose from barefoot poverty to become one of the greatest and best-known athletes in modern history, died on Thursday at the age of 82. Sao Paulo’s Albert Einstein hospital, where Pele was undergoing treatment, said he died at 3:27 p.m. “due to … 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

Chinese jet came within 10 feet of U.S. military aircraft -U.S. military

Chinese jet came within 10 feet of U.S. military aircraft -U.S. military

WASHINGTON, Dec 29 (Reuters) – A Chinese military plane came within 10 feet (3 metres) of a U.S. air force aircraft in the contested South China Sea last week and forced it to take evasive maneuvers to avoid a collision in international airspace, the U.S. military said on Thursday. The close encounter followed what the … 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