BERLIN (AP) — German Chancellor Olaf Scholz pledged his government won’t leave citizens freezing or unable to pay their energy bills but acknowledged Thursday that his country faces considerable challenges in the coming months. Rising fuel costs sparked by Russia’s war against Ukraine have put severe financial strain on many in Germany and beyond, raising…
KYIV, Ukraine (AP) — The European Union’s full ban on Russian coal imports kicked in on Thursday at a time when British defense intelligence said that Western sanctions were increasingly having an impact, even on Russia’s defense exports. Britain said that Moscow was already strained by the need to produce armored fighting vehicles for its…
PARIS (AP) — Firefighters from across Europe struggled Thursday to contain a huge wildfire in France that has swept through a large swath of pine forest, while Germans and Poles faced a mass fish die-off in a river flowing between their countries. Europe is suffering under a severe heat wave and drought that has produced…
By Joyce Lee SEOUL (Reuters) – Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year’s in a bid to cement its leadership in an expanding niche market. The smartphone maker priced its clamshell Galaxy Z Flip4 at $999.99, and the 5G-enabled top-line Galaxy Z Fold4…
By Laura Sanicola (Reuters) – The average price of U.S. retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving some relief to drivers in the world’s largest consumer of the fuel. The national average price for regular unleaded gas fell to $3.990 a gallon on Aug. 11, according…
KIGALI, Rwanda (AP) — U.S. Secretary of State Antony Blinken is in Rwanda, the last stop on his three-nation tour of Africa where he has articulated Washington’s new strategy for engaging with sub-Saharan African nations as “equal partners.” Blinken comes to Rwanda at a particularly difficult time for Africa’s Great Lakes region, with the small…
The prisoners at the penal colony in St. Petersburg were expecting a visit by officials, thinking it would be some sort of inspection. Instead, men in uniform arrived and offered them amnesty — if they agreed to fight alongside the Russian army in Ukraine. Over the following days, about a dozen or so left the…
BANGKOK (AP) — Shares were mixed Friday in Asia after a muddled day on Wall Street, where benchmarks meandered following another encouraging report about inflation. Tokyo’s Nikkei 225 surged 2.5%, catching up on gains after being closed Thursday for a holiday. Hong Kong and Seoul also advanced, while Shanghai and Sydney declined. U.S. futures edged…
SHANGHAI (Reuters) -China’s auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives. But sales for the first seven months were still 2% lower than the corresponding 2021 period, data from the China Association…
By John Revill ZURICH (Reuters) – Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in nearly 12 years. The maker of industrial software and trains reported revenues rising 11% to 17.87 billion euros ($18.38…
