By Nidal al-Mughrabi and Maayan Lubell GAZA/JERUSALEM (Reuters) -A truce between Israel and the militant Islamic Jihad group officially came into effect late on Saturday night, with an Egyptian-mediated ceasefire agreement meant to end the worst episode of cross-border fire since a 10-day war in 2021. As fighting tapered off, streets in Gaza that had…
By Jonathan Stempel (Reuters) – Squishmallows joined Warren Buffett’s business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensation on TikTok. For Judd and Laura Zebersky, whose company Jazwares makes the toys, the success of Squishmallows is hardly what they imagined when they met 33…
(Reuters) – As the Eurovision song contest was underway in Britain late on Saturday, Russian missiles hit the western Ukrainian city of Ternopil, which is home to the electro-pop duo Tvorchi, this year’s contestants from Ukraine. Local authorities, writing on Telegram, said the strike had hit warehouses owned by commercial enterprises and a religious organization,…
FRANKFURT (Reuters) – European Central Bank interest rate hikes are in their final stretch, ECB Vice President Luis de Guindos told an Italian newspaper, while warning that higher borrowing costs could put stress on banks’ asset quality, even if indicators so far remain healthy. The ECB has raised rates by a combined 375 basis points…
By Ali Kucukgocmen ISTANBUL (Reuters) -Turkish President Tayyip Erdogan held his last election rallies in Istanbul on Saturday, accusing the opposition of working with U.S. President Joe Biden to topple him while making a final appeal ahead of the biggest challenge to his 20-year rule. Polls show Erdogan trailing the main opposition candidate Kemal Kilicdaroglu…
By Philip Pullella and Gavin Jones VATICAN CITY (Reuters) -Ukrainian President Volodymyr Zelenskiy asked Pope Francis on Saturday to back Kyiv’s peace plan, and the pope indicated the Vatican would help in the repatriation of Ukrainian children taken by Russians. “It is a great honour,” Zelenskiy told Francis, putting his hand to his heart and…
GAZA/CAIRO (Reuters) – Israel and Gaza militant groups have agreed to an Egyptian-mediated ceasefire that will start at 2200 local (1900 GMT), two Palestinian officials told Reuters. There was no immediate comment from Israeli Prime Minister Benjamin Netanyahu or other officials. Cairo called on all sides to adhere to the agreement, Egypt’s Al-Qahera News television…
WASHINGTON (Reuters) – President Joe Biden said on Saturday that talks with Congress on raising the U.S. government’s debt limit were moving along and more will be known about their progress in the next two days. “I think they are moving along, hard to tell. We have not reached the crunch point yet,” Biden told…
(Reuters) -Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce giant’s carbon emissions. The online retailer on Saturday said it has reduced delivery times, reshaped its inventory management system as well as search capabilities to…
(Reuters) -Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce giant’s carbon emissions. The online retailer on Saturday said it has reduced delivery times, reshaped its inventory management system as well as search capabilities to…
