European Central Bank raises interest rates as Iran war generates inflation pressures
Eurosystem staff revised up their baseline projection for inflation in 2026 and 2027
Coinbase valued at €71.6bn on NASDAQ debut in historic day for crypto
However, concerns are rife about its method of going public, reliance on trading and high price-to-sales ratio
Ryanair loses EU challenge on state aid to airlines, will appeal
Airline claims state aid to national airlines breaches competition laws
US regulator suspends use of J&J vaccine due to ‘extremely rare’ side effects
The vaccine arrived in the EU on Monday
Nike launches refurbished sneaker line: ‘Nike Refurbished’
Returned trainers will be refurbished and resold at discount prices
French lawmakers vote to ban short-haul domestic flights
The measure faces a vote in the Senate before it can come into effect
Asos reports record results as COVID drives demand
Company revenue increases 25% to reach €2.3 billion in period September to February
EMA says potentially fatal blood clots from AstraZeneca shot ‘very rare side effect’
It stressed that the benefits still outweigh the risks
IMF upgrades economic recovery expectations
The IMF predicts the Euro Area to return to pre-COVID economic levels in 2022
UK Government extends support for vulnerable Britons in regulating their status in Malta
Will continue its support for British citizens in applying for and registering residency in Malta and the EU
EU projecting majority of residents to be immunised against COVID by end June – reports
Malta on track to be first EU country where majority of population is inoculated
USA’s first ever female treasury secretary confirmed by Senate
Janet Yellen previously served as the head of the Federal Reserve
Former Adidas and Olympique Marseille owner Bernard Tapie and wife victims of violent burglary
Mr Tapie is a controversial figure with numerous run-ins with the law
UK to trial COVID passports for mass events
Trials will be held at sports events, cinema screenings and nightclubs
LG to withdraw from smartphone market
LG's mobile division has cost the company nearly €4 billion in the last six years
UK to announce international travel rules for summer
New measures, including a 'traffic light' system are expected to allow Brits to travel abroad in the summer