Bloomberg Russia announced the start of mass military drills, ratcheting up tensions with neighbouring Ukraine amid Western concerns about the risk of renewed fighting. More than 4,000 training exercises will be held in military districts across Russia in April, Defense Minister Sergei Shoigu said, in comments posted on the ministry’s website. Ukrainian President Volodymyr Zelenskiy reiterated his country’s desire to ...

Bloomberg Euro-zone companies have returned to broad-based growth for only the second time since the pandemic started, with factories booming and confidence high that vaccinations will soon end the coronavirus crisis. Germany, Italy, Spain and Ireland all saw business activity rise last month and France halted its contraction, according to IHS Markit’s latest survey of purchasing managers. Those nations, the ...

Bloomberg US job openings rise to a two-year high in February, led by gains in some of the industries hardest hit during the pandemic and indicating employers are poised to ramp up hiring in the coming months. The number of available positions increased to 7.37 million during the month from an upwardly revised 7.1 million in January, the Labour Department’s ...

Bloomberg An impasse between Brazil’s economic team and congress over this year’s budget will likely end up with President Jair Bolsonaro accepting only part of his economy chief’s austerity pleas as lawmakers push to ramp up spending ahead of next year’s elections. Bolsonaro has agreed to reject part of the budget proposal to make room for mandatory spending that was ...

Bloomberg Poland will probably keep borrowing costs at a record low, judging that threats to the economy from tighter Covid-19 restrictions outweigh a spike in inflation and a weaker national currency. Despite surging price growth prompting nearby Russia and Ukraine to hike interest rates, all economists surveyed by Bloomberg predict the central bank in Warsaw will leave its benchmark at ...

Bloomberg UK Prime Minister Boris Johnson sought to reassure the public that summer holidays are still a possibility, a day after warning that the government may not meet a May 17 goal to reopen its borders. While many popular holiday destinations are struggling with surges in Covid-19 cases, this doesn’t mean the government has given up on next month’s target, ...

Bloomberg Markets settled into a holding pattern on Wednesday, with global stocks hovering around all-time highs as investors awaited details of the Federal Reserve’s most recent meeting. Bond yields fall. Futures on the S&P 500 and Nasdaq 100 edged higher after the underlying gauges retreated overnight as volume on US exchanges dwindled below 10 billion shares for the first time ...

Bloomberg Deliveroo Holdings Plc, which collapsed in its London debut last week after a 1.5 billion-pound ($2.1 billion) initial public offering (IPO), gained as much as 3.9% as retail investors began to trade the company’s shares. Although the food-delivery startup listed publicly on the standard segment of the London Stock Exchange, trading remained conditional, meaning only institutional investors were allowed ...

Bloomberg Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars. Top Glove Corp. and Supermax Corp. are among the top three stocks on the buy list of foreigners this year through April 2, attracting net inflows of 1.4 billion ringgit ($340 million), according to CGS CIMB Research. Global funds bought a ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) announced on Tuesday that the Unit 1 of Barakah Nuclear Energy Plant has started commercial operations. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, applauded this achievement, describing it as a significant milestone in the UAE’s long-term ...