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

Congressional report: U.S. FDA broke own protocols in approving Biogen Alzheimer’s drug

Congressional report: U.S. FDA broke own protocols in approving Biogen Alzheimer’s drug

WASHINGTON, Dec 29 (Reuters) – The U.S. Food and Drug Administration failed to adhere to its own guidance and internal practices during the approval process for Biogen’s (BIIB.O) Alzheimer’s drug Aduhelm, which was “rife with irregularities,” a congressional report showed on Thursday. The FDA’s interactions with Biogen were “atypical” and did not follow the agency’s … 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

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

Exxon sues EU in move to block new windfall tax on oil companies

Exxon sues EU in move to block new windfall tax on oil companies

Dec 29 (Reuters) – U.S. oil major Exxon Mobil Corp (XOM.N) is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy. Record profits this year by oil companies benefiting from high energy prices have … Read more

Slipping over Mexico border, migrants get the jump on U.S. court ruling

Slipping over Mexico border, migrants get the jump on U.S. court ruling

CIUDAD JUAREZ, Mexico Dec 28 (Reuters) – Even before the U.S. Supreme Court on Tuesday opted to keep in place a measure aimed at deterring border crossings, hundreds of migrants in northern Mexico were taking matters into their own hands to slip into the United States. The contentious pandemic-era measure known as Title 42 had … 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