Defector Aboard Russian Navy Corvette Set Fire to His Own Ship
A defector aboard the Russian Navy corvette Serpukhov helped Ukrainian forces stage an attack on his own vessel earlier this…
As More Ships Head for Cape Route, Stella Maris Sets Up for Crews’ Needs
To meet the needs of the growing number of vessels on the Cape route, The maritime charity Stella Maris has…
ECB policymakers urge review of QE consequences -sources
Some European Central Bank policymakers are urging a review of the aggressive monetary stimulus policies the ECB employed for nearly…
US weekly jobless claims rise as labor market gradually slows
First-time applications for U.S. unemployment benefits increased last week, while the number of people on jobless rolls rose further to…
AI is changing banking, UBS executive says
UBS UBSG. is seeing a shift in the way clients are interacting with their bankers powered by artificial intelligence, the…
Rating agency S&P sends debt warning to US, France and other top economies
The United States, France and major economies are unlikely to halt the rises in their debt levels in the next…
Turkey inflation dips below 72%, begins expected slide
Turkey’s annual inflation rate began whatis expected to be a sustained fall in June, dipping more than expected to 71.60%,…
ECB’s Makhlouf sees one more interest rate cut this year, two is ‘too far’
European Central Bank policymaker Gabriel Makhlouf said on Tuesday he was comfortable with just one more interest rate cut this…
UK services growth cools, but by less than first feared, PMI shows
Growth across Britain’s services companies slowed by less than first thought in June but it still ebbed to a seven-month…
Upturn in German services activity slows in June, PMI shows
A solid rise in business activity in June ended a positive second quarter for the German service sector, albeit with…