By Sruthi Shankar (Reuters) -Britain’s top share index climbed on Monday as stable crude prices boosted oil stocks, while investors were waiting for the earnings season to pick up pace to assess the hit to profits from surging prices and higher interes…
Tata Motors aims to sell 50,000 EVs in this fiscal yr
NEW DELHI (Reuters) – Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders’ meeting on Monday. In 2021/22, Tata Motors sold 19…
Exclusive: Pope Francis denies he is planning to resign soon
By Philip Pullella VATICAN CITY (Reuters) – Pope Francis has dismissed reports that he plans to resign in the near future, saying he is on track to visit Canada this month and hopes to be able to go to Moscow and Kyiv as soon as possible after that. In…
‘Hang in there’, Macron tells ministers in minority government
By Ingrid Melander and Benoit Van Overstraeten PARIS (Reuters) -President Emmanuel Macron on Monday urged his ministers to “hang in there”, be ambitious and show a willingness to compromise after he carried out a limited reshuffle that saw no opponents…
British Foreign Secretary says Russians must be accountable for Ukraine war
LUGANO, Switzerland (Reuters) – Russia needs to help pay for the damage it has inflicted on Ukraine during its “appalling war” while Kyiv also needed help to revive its battered economy, British Foreign Secretary Liz Truss told Reuters on Monday. “Russ…
We need to look at alternatives to get grain out of Ukraine, says UK PM Johnson
LONDON (Reuters) – British Prime Minister Boris Johnson said on Monday that alternative routes to retrieve grain stuck in Ukraine will need to be looked at if the Bosphorus strait in Turkey cannot be used to move it. “The Turks are absolutely indispens…
France’s Macron: need to acknowledge refusal of other parties to be part of government
PARIS (Reuters) – French President Emmanuel Macron, who lost absolute majority in parliament in last month’s legislative elections, said on Monday the new government announced earlier was the result of the refusal of political parties other than his to…
German bankers voice fears over economic impact of looming gas crisis
FRANKFURT (Reuters) – Top bankers in Germany voiced concerns on Monday about risks facing Europe’s largest economy as worries grow about a looming gas crisis. Germany, which is largely dependent on Russian gas to fuel its export-led economy, is bracing…
Pound strengthens as traders assess interest rate prospects
By Lucy Raitano (Reuters) – The British pound rose against the dollar and euro on Monday, pulling away from two-week lows as risk sentiment improved and traders focused on any signals that the Bank of England could raise interest rates faster than expe…
Stocks up in holiday mood on resurgent oil
By Carolyn Cohn LONDON (Reuters) – World stocks rose in holiday-thinned trade on Monday, helped by a bounce in oil as concerns over tight supply outweighed recession fears. European stocks rallied 0.8% and Britain’s FTSE rose over 1%, boosted by gains …