(Reuters) – A system in the Central Atlantic has a 70% chance of becoming a cyclone in the next two days and a tropical depression is likely to form, the U.S. National Hurricane Center (NHC) said on Sunday. “The system is expected to move northwestward at about 15 miles per hour during the next day…
NEW YORK (Reuters) – A look at the day ahead in Asian markets from Stephen Culp, financial markets columnist. Goodbye, July. Asian stocks could be in for a bumpy start to the week if they expect to outdo robust gains enjoyed the week prior, under the power of potential stimulus in China, Japan’s biggest-ever minimum…
By Andrew Osborn MOSCOW (Reuters) -Russia’s Defence Ministry said it had brought down three Ukrainian drones early on Sunday that had tried to strike Moscow in the second such attack in a week, which damaged a high rise building reported to house government offices. Nobody was hurt and there was only minor damage to the…
ABUJA (Reuters) – Nigeria’s President Bola Tinubu has appointed a financial watchdog to investigate the central bank, weeks after he suspended its governor, a copy of a letter from the president showed on Sunday. Tinubu on June 9 suspended Godwin Emefiele, who was then detained by state security agents for allegedly misappropriating funds and a…
BEIRUT (Reuters) -At least six people were killed in two days of clashes in a Palestinian refugee camp in Lebanon, where the mainstream faction Fatah fought against rival groups that support Islamists, security sources said. A Fatah commander was killed on Sunday in an ambush that also injured several of his aides in the crowded,…
COPENHAGEN (Reuters) – The Danish government will seek to “find a legal tool” that would enable authorities to prevent the burning of copies of the Koran in front of other countries’ embassies in Denmark, Foreign Minister Lars Lokke Rasmussen told the national broadcaster DR on Sunday. “The burnings are deeply offensive and reckless acts committed…
BANGUI (Reuters) -Central African Republic held a constitutional referendum on Sunday which, if passed, could allow President Faustin-Archange Touadera to run for a third term in 2025. Touadera was first elected in 2016 for a five-year term and won reelection in 2020 for what was supposed to be his final term in office. The proposed…
FRANKFURT (Reuters) – Latest data about economic output in France, Germany and Spain is “quite encouraging” and confirms the European Central Bank’s expectations, ECB President Christine Lagarde said in an interview published on Sunday. “The second quarter GDP figures for France, Germany and Spain are quite encouraging,” Lagarde told French daily Le Figaro. “They support…
MANILA (Reuters) – The Philippines’ finance minister said monetary authorities have room to pause on rate hikes in August despite a recent policy tightening by the U.S. Federal Reserve. “I do not think we have to match. That is my view and we have to monitor other indicators like inflation,” Finance Secretary Benjamin Diokno told…
By Alvise Armellini ROME (Reuters) -Italy made an “improvised and atrocious” decision when it joined China’s Belt and Road Initiative (BRI) four years ago as it did little to boost exports, Italian Defence Minister Guido Crosetto said in an interview published on Sunday. Italy signed up to the BRI under a previous government, becoming the…
