Bank of England to take Bank Rate to 5.50% over next two meetings: Reuters Poll

By Jonathan Cable LONDON (Reuters) – The Bank of England will raise borrowing costs 50 basis points higher than was thought only two weeks ago, in two quarter-point moves, as elevated inflation proves tricker to bring down than had been expected, according to economists polled by Reuters. Last week, the central bank surprised investors by…

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Wagner revolt in Russia clouds outlook for its operations in Africa

By Tiemoko Diallo and Judicael Yongo BAMAKO/BANGUI (Reuters) – A revolt by the Wagner militia in Russia poses a diplomatic quandary for Mali and Central African Republic (CAR), where forces from the mercenary group have played an increasingly central role in long-running internal conflicts. As the Wagner fighters barrelled towards Moscow after seizing a southern…

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John Goodenough, Nobel laureate and battery pioneer, dies at 100

(Reuters) – Nobel laureate John Goodenough, a pioneer in the development of lithium-ion batteries that today power millions of electric vehicles around the globe, died on Sunday just a month short of his 101st birthday. The American was “was a leader at the cutting edge of scientific research throughout the many decades of his career,”…

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Meta launches Quest+ subscription for VR headsets

(Reuters) – Meta Platforms on Monday launched Meta Quest+, a subscription-based service for its virtual reality (VR) headsets to shape a nascent but high-investment market. Chief Executive Mark Zuckerberg, in a broadcast channel on social media app Instagram, said the Meta Quest+ subscription will be available from Monday at $7.99 per month, or $59.99 annually,…

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Guatemala election heads for run-off, leftists in lead amid voter anger

By Sofia Menchu and Diego Oré GUATEMALA CITY (Reuters) – Guatemalans voted for a new president on Sunday in an election headed for an August run-off, with early results putting the center-left in the lead but also appearing to show widespread voter frustration over the exclusion of an early favorite. The contest, dominated by international…

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