Germany requests EU escape clause to raise defence outlay
Germany has requested an EU budget exemption to increase defence spending amid rising Russian threats....
Tag : Reuters
Resilient Dollar dents gold prices, sinks to a three-month low
In a further blow to the precious metals market, gold prices plummeted to their lowest levels since mid-March. A resurgent dollar has caused the gold market to stumble, pushing the prices into a downward spiral, according to a report by Reuters. The spot gold price took a 0.1 percent hit......
Credit Suisse and UBS are in talks to merge – FT
UBS (UBSG.S) is in discussions to acquire Credit Suisse (CSGN.S), with the boards of Switzerland’s two biggest lenders meeting separately this weekend, the Financial Times reported. The Swiss National Bank and regulator FINMA are organizing the talks to build confidence in the country’s banking sector, Reuters reported, citing sources. Swiss......
Missouri gun law ruled unconstitutional by federal judge
A Missouri state law declaring several federal gun laws invalid is unconstitutional, giving the Department of Justice a victory. A law signed by Republican Governor Mike Parson in 2021 declared that certain federal gun laws violated the constitution’s Second Amendment, Reuters reports. A federal judge in Jefferson City, Missouri, ruled......
First monkeypox case has been confirmed in Indonesia
There has been confirmation of the first monkeypox infection in Indonesia, according to the Health Ministry on Saturday. Reuters reported that neighboring Singapore reported its first monkeypox case last month and had confirmed 15 cases as of August 5 as a result of the outbreak. Several other countries in Southeast......