Ready, try to stay steady, go! Men in high heels race at Madrid Pride

MADRID (Reuters) – Dozens of people sporting high heels, most of them men, raced down a cobbled street in the centre of the Spanish capital on Thursday as part of Madrid Pride, one of the world’s largest LGBT celebrations. It was the 24th edition of the annual race in Chueca, a gay-friendly neighbourhood, which draws…

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Australian firm sues Twitter for $665,000 for not paying bills

SYDNEY (Reuters) – An Australian project management firm has filed a lawsuit against Twitter Inc in a U.S. court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work done in four countries, court filings showed. Sydney-based private company Facilitate Corp on June 29 filed the suit in the United…

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China’s June factory activity slows as conditions weaken – Caixin PMI

BEIJING (Reuters) – China’s factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly concerned about sluggish market conditions. The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) eased to 50.5 in June from 50.9 in May, indicating a marginal expansion in activity….

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Russia’s Medvedev says standoff with West to last decades, Ukraine conflict ‘permanent’

By Andrew Osborn LONDON (Reuters) – Dmitry Medvedev, Russia’s former president, has warned that Moscow’s confrontation with the West will last decades and that its conflict with Ukraine could become permanent. Medvedev, once seen in the West as a liberal moderniser, has emerged as one of Russia’s most outspoken hawks since Moscow launched what it…

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Australia’s BNPL firm Zip to streamline cost and operations – official

(Corrects attribution in paragraph 5 to Zip’s ANZ CEO from Director for investor relations) (Reuters) -Australian buy-now-pay-later firm Zip Co is further streamlining its operations and cost base following a recent review, a company official told Reuters on Monday. The move comes as sector grapples with increased regulatory scrutiny and falling valuations amid reduced customer…

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Japan’s tax income hits record, surplus will help fund defence plan

TOKYO (Reuters) -Japan’s government raked in record tax income last fiscal year, the finance ministry said on Monday, which could help Prime Minister Fumio Kishida’s ruling party forego the politically unpopular tax hikes needed to boost defence spending. Government accounts showed Japan raised 71.1 trillion yen ($491.53 billion) in tax for the fiscal year that…

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Treasury’s Yellen to visit China this week to expand communications

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Beijing from July 6-9 for meetings with senior Chinese officials on a broad range of issues, including U.S. concerns about a new Chinese counterespionage law, a senior Treasury official said on Sunday. Yellen’s long-anticipated trip is part of a push by…

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