Economic News

By Luis Jaime Acosta BOGOTA (Reuters) – More than 17,600 people are members of the four major armed groups and 23 gangs with which the Colombian government hopes to reach peace or surrender deals, two security agency reports seen by Reuters show.

LONDON (Reuters) – Bank of England Chief Economist Huw Pill said on Thursday that British wage growth appeared to be slowing and the latest data on the economy is “somewhat disappointing” even if it remains better than forecast by the BoE late last year.

By Luiza Ilie and Jason Hovet BUCHAREST – NATO should play a bigger role in security in the Black Sea, and integrate Ukrainian air and missile defences with those of its allies, Ukrainian Foreign Minister Dmitro Kuleba said on Thursday.

(Reuters) – SoftBank has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times reported on Wednesday citing regulatory filings it had analyzed.

BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at least autumn of 2026, slightly over a year later than planned, with the aim of all new cars meeting the standards by autumn 2027.

BERLIN (Reuters) – Poland has requested the German government’s approval to export old German MiG-29 fighter jets to Ukraine, a spokesperson for the defence ministry in Berlin said on Thursday.

BERLIN (Reuters) – Europe must not turn a blind eye to the tensions between China and Taiwan because a military escalation in the region would be a “worst-case scenario” for the global economy, German Foreign Minister Annalena Baerbock said on Thursday.

By Jarrett Renshaw and Andrea Shalal WASHINGTON (Reuters) – When OPEC+ made a surprise decision earlier this month to cut oil production, President Joe Biden responded with the political equivalent of a shrug – a far cry from his declaration that there would be “consequences” for

(Reuters) – There has been a little spillover from the banking stress in the U.S. and Europe in Canada, but it has been quite limited, Bank of Canada Governor Tiff Macklem said on Thursday, adding that there was a need to actively monitor risks to financial

By Gleb Stolyarov and Alexander Marrow (Reuters) – A Russian court has ruled against freezing Volkswagen’s assets in Russia, stating there were no grounds to suggest the carmaker would try to dodge financial obligations arising from two lawsuits brought by Russian carmaker GAZ.

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s government on Thursday rejected a panel set up and headed by the chief justice that is due to rule on a draft law clipping his powers, claiming conflict of interest, the latest standoff amid months of economic and political

MOSCOW (Reuters) – Alexei Navalny, Russia’s most prominent opposition leader, is grappling with a mystery ailment in jail that could be some sort of slow acting poison, as he has lost 8 kg in weight in just over two weeks, his spokeswoman Kira Yarmysh said.

By Mohamad Torokman BURQIN, West Bank (Reuters) – One of the world’s oldest churches, built on top of a cave in the Israeli-occupied West Bank and festooned with golden icons, attracts thousands of Christian pilgrims every year.

LONDON (Reuters) – British fashion designer Mary Quant, credited with designing the mini skirt that helped to define the swinging 60s, has died aged 93, PA Media reported on Thursday.

OSLO (Reuters) – Norway’s foreign ministry on Thursday said it had declared 15 Russian embassy officials in Oslo as “unwanted”, adding that they were intelligence officers operating under the cover of diplomatic positions.

BEIJING (Reuters) – China will ban vessels from an area north of Taiwan on Sunday due to the possibility of falling rocket debris, China’s maritime safety administration said on Thursday.

WASHINGTON (Reuters) – Core inflation rates in the euro zone will begin improving in the coming months, but the European Central Bank still has a way to go with monetary policy, ECB policymaker Joachim Nagel said on Thursday.

By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank needs to keep raising rates given stubbornly high underlying inflation and its next move could be either a 25 or a 50 basis point increase, Governing Council member Bostjan Vasle said on Thursday.

(Reuters) – Brazil’s Finance Minister Fernando Haddad said on Thursday that the central bank has an opportunity to lower interest rates to help boost economic growth as fiscal and monetary policies are converging.

By Simon Jessop LONDON (Reuters) – Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would back a number of climate-focused shareholder resolutions at the annual meetings of leading U.S. and Canadian banks.