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☆ Sabalenka powers into French second round in win marred by jeers
▼ + stars: | 2023-05-28 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +2 min

Sabalenka, who appeared to sarcastically bow to the crowd following the win, said she initially thought the boos were aimed at her. "It was a very tough match, I mean tough emotionally. I'm sorry guys, I didn't get it at first, I thought this booing was against me so I was a little surprised," she said. The Belarusian raised her level again late in the match to save two breakpoints and close out the victory in 71 minutes. Reporting by Shrivathsa Sridhar in Paris, editing by Ed Osmond and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ ECB's Schnabel sees more rate hikes until core inflation declines too
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Kai PfaffenbachFRANKFURT, May 9 (Reuters) - The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding market expectations for rate cuts were misplaced. Schnabel backed the ECB's decision last week to slow down the pace of rate hikes but said these will continue until it sees a sustained fall in core prices, which typically exclude food and energy due to their wild swings. "We will raise rates decisively until it becomes clear that core inflation is also declining on a sustained basis." She added rates will probably stay high for long and the rate cuts expected by some market participants this year were "highly unlikely". While supply-side shocks from bottlenecks and energy prices continued to fade, the labour market was strong, wage growth was picking up and corporate profit margins were high, Schnabel added.

☆ Global Economy Gets Boost but Inflation Worries Linger
▼ + stars: | 2023-04-21 | by ( Paul Hannon | Harriet Torry | ) www.wsj.com time to read: 1 min

Surveys suggest the European Central Bank is on course to raise its key interest rate in May. Photo: KAI PFAFFENBACH/REUTERSU.S. and European business activity rose in April at the fastest pace in about a year, a boost for the global economy but a potentially complicating factor for central banks working to reduce high inflation. Demand for services drove the growth, according to surveys by data firm S&P Global covering U.S., eurozone and U.K. businesses. That kept pressure on price increases in regions where inflation last year reached its highest level in decades.

☆ Nine killed in Russian strike, rescue teams sift through wreckage
▼ + stars: | 2023-04-14 | by ( Kai Pfaffenbach | ) www.reuters.com time to read: +3 min

Emergency services in eastern Donetsk Region, in a statement on Facebook, said the death toll stood at nine at midnight (2100 GMT), including a two-year-old child. Pavlo Kyrylenko, governor of Donetsk Region, told national television earlier that seven Russian S-300 missiles had been fired. Rescue teams searching for victims sifted through rubble through the night, using cranes, ladders and other heavy equipment in the shells of apartments and stairwells. [1/5] A man stands next to a residential building damaged by a Russian military strike, amid Russia's attack on Ukraine, in Sloviansk, Donetsk region, Ukraine April 14, 2023. "The evil state once again demonstrates its essence," Zelenskiy wrote in a separate post accompanied by footage of a damaged building.

[1/2] Ukrainian artillery fires towards the frontline during heavy fighting amid Russia's attack on Ukraine, near Bakhmut, Ukraine, April 13, 2023. Western countries have in the past pointed to acrimony between the Russian defence ministry (MoD) and the country's main mercenary force Wagner as a major Russian weakness. Ukrainian Deputy Defence Minister Hanna Maliar said Russian commanders had redirected troops to Bakhmut from other areas. The British update said the Ukrainians still held western districts of the town but had been subjected to particularly intense Russian artillery fire over the previous 48 hours. Moscow says it would open a route to capturing more territory in Ukraine's eastern Donbas region, a major war aim.

☆ Ukraine forces pull back as Russia mounts 're-energised' Bakhmut assault, UK says
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

[1/2] Ukrainian artillery fires towards the frontline during heavy fighting amid Russia's attack on Ukraine, near Bakhmut, Ukraine, April 13, 2023. "Russia has re-energised its assault on the Donetsk Oblast town of Bakhmut as forces of the Russian MoD and Wagner Group have improved co-operation," it said, referring to Russia's defence ministry and its main mercenary force. "Ukrainian forces face significant resupply issues but have made orderly withdrawals from the positions they have been forced to concede," Britain's military said in a daily intelligence update. It said Wagner units were now focusing on advancing in the centre of Bakhmut, while Russian paratroopers were relieving them in attacks on the city's flanks. Moscow says it would open a route to capturing more territory in Ukraine's eastern Donbas region, a major war aim.

☆ Explainer: Why European money market funds inflows are lagging behind the U.S. torrent?
▼ + stars: | 2023-04-11 | by ( Harry Robertson | ) www.reuters.com time to read: +6 min

[1/2] U.S. dollar and Euro bank notes are photographed in Frankfurt, Germany, in this illustration picture taken May 7, 2017. In Europe, investors put 17.7 billion euros ($19.35 billion) into euro-denominated money market funds in March, Refinitiv Lipper data shows, when the Credit Suisse crisis rocked markets. Other analysts said it was due to the fact that euro money market funds are underdeveloped relative to U.S. funds and are focused more on private sector, particularly bank, debt. WHAT IS A MONEY MARKET FUND? The European money market fund sector is far smaller than in the United States.

☆ U.N. tally of confirmed civilian deaths in Ukraine approaches 8,500
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +1 min

[1/2] A destroyed car from recent shelling during heavy fighting at the frontline of Bakhmut and Chasiv Yar, is pictured in Chasiv Yar, Ukraine, April 10, 2023. REUTERS/Kai PfaffenbachGENEVA, April 11 (Reuters) - Nearly 8,500 civilians are confirmed to have been killed in Russia's invasion of Ukraine, a U.N. body said on Tuesday, with many thousands more unverified deaths still feared. The body has long described its figures as "the tip of the iceberg" because of its limited access to battle zones. Russian forces have pressed their offensive in the eastern Donetsk region where several cities and towns have under heavy bombardment. A U.N.-mandated investigative body found last month that Russian forces had carried out "indiscriminate and disproportionate" attacks on Ukraine.

☆ Russian forces step up strikes on two key Ukrainian cities
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +4 min

Russian forces have been besieging Bakhmut for months in the longest battle in more than a year of war. Ukraine's State Emergencies Service said a 50-year-old man and his daughter, 11, were killed after Russian forces struck a residential building in Zaporizhzhia, in the southeast. RUSSIAN ATTACKS REPELLEDMore than 40 enemy attacks had been repelled over the past 24 hours, Ukraine's general staff said. "In central Zaporizhzhia and southern Kherson region, enemy forces continued to build fortifications," it said. Ukrainian military analyst Oleh Zhdanov said Russian forces controlled the centre of Bakhmut, with much of their actions now focusing on the city's railway station.

☆ Ukraine's Zelenskiy denounces Russian strikes on Orthodox Palm Sunday
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +3 min

Ukraine's military reported Russian attacks and shelling throughout the front, with the heaviest fighting still focused on two cities in eastern Donetsk region -- Bakhmut and Avdiivka. Russian forces have been besieging Bakhmut for months in the longest battle in more than a year of war. It also said Russian forces had destroyed Ukrainian army warehouses storing missiles, ammunition and artillery in Zaporizhzhia and Donetsk regions. RUSSIAN ATTACKS REPELLEDThe General Staff of Ukraine's Armed Forces said more than 40 enemy attacks had been repelled over the past 24 hours. Ukrainian military analyst Oleh Zhdanov said Russian forces controlled the centre of Bakhmut, with much of their actions now focusing on the city's railway station.

☆ Ukraine war: The latest news
▼ + stars: | 2023-04-08 | by ( ) www.reuters.com time to read: +3 min

BATTLEFIELD* The Russian-installed head of Donetsk said Russian forces controlled more than 75% of the besieged city of Bakhmut. * Russia and Ukraine carried out a major prisoner swap, with 106 Russian captives being freed in exchange for 100 Ukrainians. LEAKED DOCUMENTS* Ukraine has been forced to amend some military plans ahead of a much-vaunted counter-offensive because of a leak of classified U.S. documents, CNN reported. [1/4] A Ukrainian serviceman clears a trench amid Russia's attack on Ukraine at the frontline near Donetsk, Ukraine, April 8, 2023. * Ukraine is seeking a visit by Indian Prime Minister Narendra Modi, believing it should be more involved in resolving the war.

☆ Russia's war on Ukraine latest: Russia likely behind document leak, U.S. says
▼ + stars: | 2023-04-08 | by ( ) www.reuters.com time to read: +3 min

LONDON, April 8 (Reuters) - Russia or pro-Russian elements are likely behind a leak of classified U.S. military documents that offer a partial snapshot of the war in Ukraine, three U.S. officials told Reuters, while the Justice Department said it was probing the leak. Reuters could not immediately verify the reports and it was unclear how Ukraine could have attempted such a strike. The Ukrainian military said it was holding on in the city but the situation was difficult. Ukrainian service member from 28th mechanised brigade launches an RPG at the frontline, amid Russia’s attack on Ukraine in the region of Bakhmut, Ukraine, April 5, 2023. REUTERS/Kai PfaffenbachDIPLOMACY, POLITICS* Wall Street Journal reporter Evan Gershkovich was formally charged with espionage in Russia, Russian news agencies said on Friday.

China and Russia have declared a "no limits" partnership and Xi has sought to position China as a mediator in the Ukraine conflict. [1/3] Members of Ukrainian special forces engage in zeroing their weapons prior to a mission, amid Russia?s attack on Ukraine, in the region of Bakhmut, Ukraine, April 6, 2023. But Ukrainian border guard Levko Stek, speaking in a video clip amid explosions, said Ukrainian forces did not sense any "ammunition hunger" on the Russian side. Ukrainian military expert Oleksander Musienko said Russian forces were "exhausted and cannot maintain the same pace of attacks" that they launched in February. "The Russian forces are preparing to organise defensive positions.

☆ Ukraine seeks to prevent military leaks after NATO assistance plans reportedly appear on social media
▼ + stars: | 2023-04-07 | by ( Pavel Polityuk | ) www.reuters.com time to read: +7 min

"The participants of the meeting focused on measures to prevent the leakage of information regarding the plans of the defence forces of Ukraine," it said. One document posted on social media said 16,000 to 17,500 Russian forces had been killed since the invasion. The Ukrainian military said it was holding on in the city but the situation was difficult. Ukrainian military expert Vladyslav Selezniov has said Ukraine will have to pull back if the route for getting supplies in and wounded out is threatened. Eastern Military Command spokesperson Serhiy Cherevatyi told Reuters Ukraine controlled the situation in Bakhmut and understood Russian intentions.

☆ Russia's Prigozhin says no sign Ukraine quitting Bakhmut, more support needed
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +3 min

[1/2] Ukrainian service member from 28th mechanised brigade fires his machine gun at the frontline, amid Russia?s attack on Ukraine in the region of Bakhmut, Ukraine, April 5, 2023. But Yevgeny Prigozhin, who has accused the military top brass of ineffectiveness bordering on treason in recent months, said this was still some way off. Prigozhin made clear that he was not yet satisfied with the support he was receiving from Russia's mainstream forces, including those attacking adjacent areas of the front. "The first question is to make sure that our flanks are well protected (that's with a big exclamation mark)," he said. Tensions with Moscow had appeared to subside after his representative was pointedly refused access to the headquarters of Russia's Ukraine campaign a month ago.

Strikes have rolled through France, Portugal, Britain and Germany in recent weeks and could cause air travel disruption in parts of Europe through the Easter holidays, officials at airlines, airports and air traffic authorities told Reuters. There's no doubt about it," said Steven Moore, who is in charge of air traffic management operations at Eurocontrol. Airlines say they have to pay compensation without themselves getting compensated for air traffic delays. Consumer groups say air traffic control strikes are not new and airlines should be quicker to react and pay compensation. He called last week on the European Commission to do more to stop such strikes hitting overflights, by introducing minimum service rules, though industry experts say strikes are a national issue.

☆ Stocks falter as economic worries nag, big rate hike lifts kiwi dollar
▼ + stars: | 2023-04-05 | by ( Dhara Ranasinghe | ) www.reuters.com time to read: +4 min

[1/2] A stock broker looks at his screens at the stock exchange in Frankfurt, Germany, March 16, 2023. REUTERS/Kai Pfaffenbach/File PhotoSummary Graphic: World FX ratesGraphic: Global asset performanceWorld stocks pull back from 7-week highsNZ dollar rallies after big rate hikeLONDON, April 5 (Reuters) - World stock markets stumbled on Wednesday as signs that the economic outlook is weakening spurred caution, while a bigger-than-expected interest-rate hike from New Zealand lifted the kiwi dollar. European stocks fell with the broad STOXX 600 index pulling away from Tuesday's one-month highs (.STOXX). U.S. equity futures dipped , and Japan's Nikkei (.N225) fell 1.6% in its biggest one-day percentage fall since mid-March. Weak U.S. economic data this week has exacerbated recession worries, taking the edge off recent stock market gains.

☆ Bucha marks anniversary of liberation from 33 days of Russian occupation
▼ + stars: | 2023-03-31 | by ( Jillian Kumagai | ) www.reuters.com time to read: 1 min

People attend a vigil marking the first anniversary of the liberation of the town of Bucha, outside Kyiv, Ukraine, March 31. Residents in Bucha speak of the deep psychological wounds left by the occupation and say it would take generations to get...morePeople attend a vigil marking the first anniversary of the liberation of the town of Bucha, outside Kyiv, Ukraine, March 31. Residents in Bucha speak of the deep psychological wounds left by the occupation and say it would take generations to get over it. Some buildings remain battered in the town and a scrapyard is full of cars and military vehicles destroyed during last year's fighting. REUTERS/Kai PfaffenbachClose

☆ Deutsche Bank, Credit Suisse, and what to know about the financial turmoil — and how one company is working to boost the number of women on Wall Street
▼ + stars: | 2023-03-25 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

The program collaborates with UPenn's Wharton business school, and it teaches college women the fundamentals of markets, portfolio management, and finance. Katherine Jollon Colsher, President and CEO, Girls Who Invest Girls Who InvestKatherine Jollon Colsher is the chief executive officer and president of Girls Who Invest, a nonprofit that aims to help women enter asset management and other careers across Wall Street. Katherine Jollon Colsher: We work exclusively in the buy side, and we do focus exclusively on placing women in internships and frontline investing roles to advance more women portfolio managers. With that, our vision is for 30% of the world's investable capital to be managed by women by 2030. Shares of the German bank tumbled on Friday, as the cost of credit default swaps linked to its bonds shot higher.

☆ Yellen: U.S. Could Intervene Again to Protect Banking System
▼ + stars: | 2023-03-21 | by ( ) www.wsj.com time to read: 1 min

Skilled Workers Shortage Threatens Biden’s Plans For U.S. ChipmakingChipmaker Micron will have to overcome a massive shortage of skilled workers in order to open its planned semiconductor-manufacturing campus in the suburbs of Syracuse, N.Y. WSJ reporter Joseph De Avila joins host Zoe Thomas to discuss how the company is dealing with the shortage and what it says about the Biden administration's goal of increasing chipmaking in the U.S. Photo: KAI PFAFFENBACH/REUTERS

☆ China’s Xi and Russia’s Putin Meet for Second Day: Key Takeaways
▼ + stars: | 2023-03-21 | by ( ) www.wsj.com time to read: 1 min

☆ China’s Global Peacemaker Ambitions Put It in Competition With U.S.
▼ + stars: | 2023-03-21 | by ( ) www.wsj.com time to read: 1 min

☆ ‘Ted Lasso’ Cast Visits White House to Discuss Mental Health
▼ + stars: | 2023-03-20 | by ( ) www.wsj.com time to read: 1 min

The company's full-year operating profit of 1.51 billion euros ($1.60 billion) came after a loss of 1.6 billion euros a year ago. Fourth-quarter profit swung to 575 million euros from a loss of 42 million euros, in line with expectations. The balance sheet also improved, with net debt falling to 6.9 billion euros from 9 billion euros. However, operating profit was still 34% lower than the pre-pandemic 2019 level and passenger numbers had only recovered 72%. The company said it expects "further significant improvement" in operating profit this year.

☆ Morning Bid: Not if or when but how fast?
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Kai PfaffenbachA look at the day ahead in European and global markets from Anshuman Daga:Is it really good news? Probably yes, probably not. Fed funds futures traders are now pricing for the Fed's benchmark overnight interest rate to reach 5.36% in July and end the year at 5.18%. Asian stock markets floated in a sea of red on Wednesday following an ugly sell-off on Wall Street. Inflation data from Germany and Italy due later on Wednesday will offer clues on price pressures.

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