By Guy Faulconbridge MOSCOW (Reuters) -Russian President Vladimir Putin offered Wagner mercenaries the opportunity to keep fighting at a meeting just days after their failed mutiny but suggested Yevgeny Prigozhin be moved aside in favour of a different commander, the Kommersant newspaper said. Putin initially said he would crush the June 23-24 mutiny, comparing it…
LONDON (Reuters) – Investors piled into bonds and stocks while shedding cash in the week to Wednesday, according to a report on Friday from Bank of America (BofA) Global Research. The report said this reflected the “end of inflation, end of war, end of U.S. dollar bull” following data this week that showed the U.S….
By Martin Coulter LONDON (Reuters) -Finland’s Nokia cut its annual outlook on Friday and Swedish rival Ericsson reported plunging quarterly profits, as a slowdown in consumer spending hit sales of telecommunications gear. Nokia’s shares were down 9.6% in morning trade to their lowest since April 2021, while Ericsson shares were down 8.7%. Fears of an…
By Andrew Osborn MOSCOW (Reuters) – Russia accused the West on Friday of sponsoring “nuclear terrorism” after authorities said a Ukrainian drone had struck the western Russian town of Kurchatov, where a nuclear power station similar to the ill-fated Chernobyl plant is located. Roman Starovoit, the governor of Russia’s Kursk region which borders Ukraine, said…
By Michelle Nichols UNITED NATIONS (Reuters) -North Korea’s launch of an intercontinental ballistic missile (ICBM) was an exercise of its right to self-defense “to deter dangerous military moves of hostile forces and safeguard the security of our state,” the country’s U.N. envoy told the Security Council on Thursday during a rare appearance. The 15-member Security…
(Reuters) – Former Fox News host Tucker Carlson and former White House adviser Neil Patel are looking to raise funds to start a new media company that could potentially be anchored on Twitter, the Wall Street Journal reported on Friday. The duo is looking to raise hundreds of millions of dollars to fund the company,…
(Reuters) -Volkswagen said on Friday its Group deliveries increased 12.8% year-on-year from January to June, registering growth in every region except China, which saw a 1.2% drop in total deliveries and a 1.6% drop in battery-electric cars. The fall was partly due to particularly high sales in the same month last year after the government…
(This July 13 story has been refiled to change the pronoun used to quote the judge, to she, from he, in paragraph 3) AMSTERDAM/BOGOTA (Reuters) – The World Court on Thursday rejected a lawsuit by Nicaragua seeking to define and expand its deep sea economic rights beyond those previously established in a long-running maritime border…
By David Morgan and Jarrett Renshaw WASHINGTON (Reuters) – Top U.S. Senate Republicans are moving to try to line up high-quality candidates for next year’s elections after untested candidates with fringe views cost them seats in 2022, with Pennsylvania next on their wish list. Senator Steve Daines, who chairs the Senate Republican campaign arm, already…
A look at the day ahead in U.S. and global markets from Mike Dolan Flush with hope that impressive disinflation will allow the Federal Reserve to end its rate-hike campaign this month, world markets now navigate a second-quarter corporate earnings season which the big U.S. banks kick off in earnest on Friday. JPMorgan, Citigroup, Wells…
