LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price pressures have peaked after inflation hit a 41-year high last year, a survey published on Thursday showed. The Office for National Statistics said 18% of businesses expected to increase the prices of goods or services…
By Andrew Hayley XIAN, China (Reuters) – Central Asian heads of state converged in China’s historic city of Xian on Thursday for one-on-ones with Chinese leader Xi Jinping to seal pledges of “enduring” friendship, paving the way for a summit expected to result in a regional pact with Beijing. The bilaterals set the stage for…
(Adds dropped word “not” in paragraph 7) (Reuters) – A Florida judge ruled in favor of Tiger Woods on Wednesday, rejecting his former girlfriend Erica Herman’s request to nullify a non-disclosure agreement she signed when they began dating in 2017, U.S. media reported, citing court documents. Herman had asked a judge to void the agreement,…
By Jonathan Stempel NEW YORK (Reuters) – Deutsche Bank AG has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. The accord resolves claims in a proposed class action in Manhattan federal…
SEVASTOPOL (Reuters) -Rail traffic has been suspended between Simferopol, capital of the Crimean peninsula, and the city of Sevastopol, after a freight train carrying grain derailed, the region’s Russian-installed leader said on Thursday. The derailment was caused by “interference by outsiders”, Crimean railways said in a statement. In a statement posted on Telegram, Sergei Aksyonov…
SYDNEY (Reuters) – Australian police have launched an investigation after a 95-year-old woman was injured during an “interaction” with police at an old people’s home. Media said police had tazered the great-grandmother, who has dementia, on Wednesday at the care home in the town of Cooma, about 300 km southwest of Sydney. “A critical incident…
By Claudia Greco and Crispian Balmer BOLOGNA, Italy (Reuters) -Nine people died and thousands were evacuated from their homes as torrential rain battered Italy’s northern Emilia-Romagna region, triggering floods and landslides, officials said on Wednesday. Civil Protection Minister Nello Musumeci said some areas had received half their average annual rainfall in just 36 hours, causing…
By Clare Jim and Xie Yu HONG KONG (Reuters) – A shrinking land bank and sluggish property demand are likely to hamper the plans of a growing number of private Chinese developers who have defaulted on their debt and are restructuring it to win breathing room to revive their fortunes. Those hurdles could hinder the…
By Anisha Sircar and Divya Chowdhury (Reuters) – Equity markets in North Asia will outperform the broader region this year, buoyed by China’s reopening and a post-pandemic recovery-led earnings rebound, investors and strategists said. Liquidity from easing monetary and fiscal policy, along with Asian central banks’ early victory on inflation, is expected to defend against…
By Chayut Setboonsarng and Panarat Thepgumpanat BANGKOK (Reuters) -The leader of the progressive Move Forward Party that delivered a surprise victory in Thailand’s election said on Thursday he was confident he could muster additional support from rivals to back his alliance and form a stable government. Move Forward, which won most seats after it capitalised…
