By Melanie Burton MELBOURNE (Reuters) – Western Australia state has agreed to compensate an Aboriginal group for historic acts including issuing mining leases on their traditional lands, setting a precedent that is set to allow Indigenous groups a greater say in future developments. The state has been strengthening its laws to protect Indigenous cultural heritage…
By Evan Garcia and Steve Gorman UVALDE, Texas (Reuters) -From a White House candlelight event to a butterfly release in Texas Hill Country, Americans paused on Wednesday to reflect on the 21 victims shot dead at an elementary school one year ago and the seemingly endless scourge of U.S. gun violence. President Joe Biden used…
By Paul Lienert and Nick Carey DETROIT/BICESTER, England (Reuters) – British electric van startup Arrival, which has hit many road bumps in its quest to become the next Tesla Inc, now hopes huge subsidies from the U.S. Inflation Reduction Act and a second reverse merger will give it a fresh shot at survival. Since it…
(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it did not mislead investors about its compliance with U.S. anti-bribery laws. The lawsuit filed by a Boston-based pension fund claimed that Ericsson had overstated the extent to which it had eliminated the use of bribes…
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares stumbled to a two-month low on Thursday, and the dollar rose as the impasse in negotiations to raise the debt ceiling undermined risky assets on worries about the hit to the global economy if the U.S. government defaults. MSCI’s broadest index of Asia-Pacific shares outside Japan fell…
By Ebru Tuncay, Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -Days before Turkey’s runoff presidential election, there is disagreement and uncertainty within Tayyip Erdogan’s government over whether to stick with what some call an unsustainable economic programme or to abandon it, insiders say. According to interviews with nine sources, either government officials or others with…
SEOUL (Reuters) – North Korean media criticised on Thursday plans by South Korea, the United States and Japan to share real-time data on Pyongyang’s missile launches, describing the trio as discussing “sinister measures” for tightening military cooperation. The information sharing pact is a result of American efforts to incite confrontation and boost its military edge…
By Alasdair Pal SYDNEY (Reuters) – The family of a 95-year-old woman who died after being tasered by police in Australia paid tribute to her on Thursday, as the premier of the state where the incident occurred expressed confidence in its police force. Clare Nowland, who had dementia, died in hospital on Wednesday, police in…
By Laura Sanicola and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were little changed on Thursday as uncertainty over whether the United States will avoid a debt default weighed against the prospect of further OPEC+ production cuts. Brent crude futures eased 1 cent to $78.35 a barrel by 04290 GMT. U.S. West Texas Intermediate crude (WTI)…
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues to hang over global markets, with the White House and Republicans both citing progress in the latest round of talks but no breakthrough yet. Ratings agency Fitch opted not to wait, placing the country’s “AAA”…
