By Dhara Ranasinghe LONDON (Reuters) -The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a U.S. debt ceiling deal lifted risk appetite across world markets and dented the greenback’s safe-haven appeal. U.S. President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy to suspend the…
DUBLIN (Reuters) – Annual Irish retail sales volumes rose sharply again last month due to another surge in car sales, jumping 7.5% year-on-year, Central Statistics Office data showed on Monday. When a 23.5% year-on-year increase in motor trades was excluded, retail sales rose by 0.5% month-on-month compared with a headline monthly increase of 2.8% and…
By Jessie Pang HONG KONG (Reuters) – A Hong Kong Court on Monday rejected an application to terminate a landmark national security trial against media tycoon Jimmy Lai, a case that could see him spend the rest of his life in prison if convicted. Jimmy Lai, 75, is the founder of now shut pro-democracy newspaper…
By Steve Gorman (Reuters) – In the 2015 sci-fi film “The Martian,” Matt Damon stars as an astronaut who survives on a diet of potatoes cultivated in human feces while marooned on the Red Planet. Now a New York company that makes carbon-negative aviation fuel is taking the menu for interplanetary cuisine in a very…
By Issam Abdallah and Burcu Karakas ANKARA/ISTANBUL (Reuters) – President Tayyip Erdogan’s election victory showed the magnetic hold he still has over millions of Turks after 20 years in power, with many believing he is the man best placed to fix problems which critics say are partly of his own making. Hundreds of thousands of…
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s new president Bola Tinubu faces a litany of problems, including widespread violence, double-digit inflation and industrial-scale oil theft. His victory is being challenged in court by his two main rivals in February’s election, and analysts say he may need to reach out to opponents to help heal a…
By Noah Browning (Reuters) – Oil prices were steady on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer, but concerns about further interest rate hikes capped gains. Brent crude futures climbed 14 cents, or 0.2%, to $77.09 a barrel by 0905…
MADRID (Reuters) -Spanish Prime Minister Pedro Sanchez said on Monday he would dissolve parliament and the country would hold an early general election on July 23 following the results of Sunday’s local elections. “I took the decision when looking at the results of the elections of yesterday,” Sanchez told the nation in a televised address….
(Reuters) – Belarusian President Alexander Lukashenko said that if any other country wanted to join a Russia-Belarus union there could be “nuclear weapons for everyone”. Russia moved ahead last week with a plan to deploy tactical nuclear weapons in Belarus, in the Kremlin’s first deployment of such warheads outside Russia since the 1991 fall of…
By Joyce Lee and Josh Smith SEOUL (Reuters) – South Korea is using a $13.7 billion arms deal with Poland – Seoul’s biggest ever – to lay the groundwork for a military-industrial juggernaut that the two nations’ defence companies hope will feed Europe’s hunger for weapons far into the future. South Korea’s arms sales jumped…
