Swiss central bank plans at least 50 bps rate hike in September, newspaper reports

The Swiss National Bank is currently planning to raise interest rates by 50 or 75 basis points in its next scheduled monetary policy announcement in September, a Swiss newspaper reported on Saturday, citing one or more people involved in the matter. The central bank last month raised its policy rate for the first time in 15 years and Chairman Thomas…

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European parliament backs ‘historic’ reboot to EU’s digital rulebook

The European Parliament has given a final stamp of approval to two major pieces of regulation which will update the EU’s rules for digital businesses. The Digital Markets Act (DMA) will introduce new ‘ex ante’ competition rules for gatekeeping tech giants to ensure markets are fair and open; while the Digital Services Act (DSA), which applies more broadly — to…

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Russia, Belarus athletes may face Paris 2024 ban: IOC’s Reedie

 Athletes from Russia and Belarus may not be allowed to compete at the Paris 2024 Games over Moscow’s invasion of Ukraine, senior International Olympic Committee (IOC) member Craig Reedie said. The IOC issued guidance to sports governing bodies in February to remove the two countries’ athletes from competition. Belarus has been used as a staging ground for Russia’s invasion, which…

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Russia remains barred from international soccer as sports court upholds bans

Russia remains barred from international soccer competitions including the Champions League after the Court of Arbitration for Sport rejected appeals by the national soccer federation and four clubs on Friday. CAS upheld decisions by UEFA and FIFA which excluded Russian national teams and clubs following Russia’s invasion of Ukraine. Russia was already excluded from men’s World Cup qualifying and the…

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2022 World Swimming Championships Results

Finals results from the 2022 World Swimming Championships in Budapest at the Duna Arena … Men’s 50m FreestyleGold: Ben Proud (GBR) — 21.32Silver: Michael Andrew (USA) — 21.41Bronze: Maxime Grousset (FRA) — 21.574. Szebasztian Szabo (HUN) — 21.605. Josh Liendo (CAN) — 21.616. Lorenzo Zazzeri (ITA) — 21.817. Lewis Burras (GBR) — 21.838. Kristian Gkolomeev (GRE) — 21.89 Men’s 100m…

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U.S. finishes swimming worlds with most medals in history

BUDAPEST — The U.S. shattered the record for world swimming championships medals, winning eight more on the final day to finish with 45. It held the previous record of 38 from 2017. The U.S. closed out competition Saturday with gold in the men’s 50m backstroke (Justin Ress, who was disqualified, then had it overturned on appeal) and the women’s 4x100m…

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Germany wins most gold medals at World Games in Birmingham, Italy wins most overall

Germany won the most gold medals at the World Games in Birmingham as competition concluded Sunday afternoon. Germany won 24 gold medals, 7 silver and 16 bronze, for a total of 47, which was second in overall medals. Italy won the most medals overall with 49: 13 gold, 24 silver and 12 bronze. The United States and Ukraine tied for…

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Italy beat Brazil 3-0 to win Volleyball Women’s Nations League

Italian team win final with sets of 25-23, 25-22, 25-22 in Ankara ISTANBUL Italy on Sunday upset Brazil with a 3-0 result to clinch the Volleyball Women’s Nations League. Italy won the final match with sets of 25-23, 25-22, and 25-22 as the game lasted 80 minutes in the Turkish capital Ankara. Paola Egonu of Italy, who will play for…

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Tour de France stage 15 – Philipsen takes victory

How things stand after stage 15 No change at the top… but this race is far from done… General classification after stage 15 1. Jonas Vingegaard (Den/Jumbo-Visma) 60hrs 00mins 50secs 2. Tadej Pogacar (Slo/UAE Team Emirates) +2mins 22secs 3. Geraint Thomas (GB/Ineos Grenadiers) +2mins 43secs 4. Romain Bardet (Fra/Team DSM) +3mins 01secs 5. Adam Yates (GB/Ineos Grenadiers) +4mins 06secs 6.…

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Women’s Euros preview: Italy, Belgium, Iceland battle to join France in Euro 2022 quarter-finals

France take on Iceland while Italy face Belgium with second place in Group D, and a quarter-final against Sweden, on the line in the final round of group games as the Euro 2022 group stages draw to a close on Monday With France’s Group D victory already sewn up, the fight to join them in the quarter-final rages between Italy,…

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