By Andrew Goudsward and Tom Hals WASHINGTON (Reuters) – The indictment of Former President Donald Trump for interfering in the 2020 presidential election in Georgia will be the biggest case of prosecutor Fani Willis’ career, but it will not be her first contentious prosecution. Willis, the Fulton County District Attorney who charged Trump with illegally…
By Tom Hals (Reuters) -Former U.S. President Donald Trump was indicted on Monday for his alleged efforts to illegally overturn the Georgia vote in the 2020 presidential election which put Joe Biden in the White House. WHAT HAPPENS NEXT? After defendants in Georgia are indicted by a grand jury, they are arraigned, which is the…
BEIJING/HONG KONG (Reuters) -China Evergrande New Energy Vehicle Group (NEV) shares jumped nearly 50% on Tuesday after the electric vehicle unit of cash-strapped property firm China Evergrande Group announced a $3.2 billion plan to reduce debt and stay afloat. The plan unveiled late on Monday includes a new share sale worth nearly $500 million to…
LONDON (Reuters) – Russia’s central bank jacked up its key interest rate by 350 basis points to 12% on Tuesday, an emergency rate move to try and halt the rouble’s recent slide after a public call from the Kremlin for tighter monetary policy. The extraordinary rate meeting came after the rouble plummeted past the 100…
MILAN (Reuters) – Sentiment among global investors improved in August to its least bearish since February 2022 with cash allocations falling to a 21-month low, a Bank of America survey showed on Tuesday. The poll of fund managers with $545 billion of assets found that investors remain of the view that global growth will weaken…
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -A broad array of Chinese data on Tuesday highlighted intensifying pressure on the economy from multiple fronts, prompting Beijing to cut key policy rates to shore up activity but analysts say more support is needed to revitalise growth. Just before the release of a batch of July…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since March 2020, according to a gazette notification. Sri Lanka has been gradually easing import restrictions, which were imposed as the country’s economy tottered from a financial crisis caused by a…
By Ben Makori LONDON (Reuters) – Almost two centuries after Charles Darwin’s voyage around the world, environmentalists plan to follow in his footsteps by undertaking a two-year journey across four continents to study endemic wildlife and boost conservation. The group will set sail on board a 105-year-old schooner on Tuesday from the southern English port…
LONDON (Reuters) – Moody’s Investors’ Service said on Tuesday that estimated insured losses from wildfires on Maui in Hawaii will be at least $1 billion. More than 2,000 structures were damaged or destroyed and more than 2,700 structures exposed, Moody’s said in a report, citing estimates from The Pacific Disaster Center and FEMA. With the…
By James Davey LONDON (Reuters) -British grocery inflation eased for a fifth straight month in August while wet weather dented sales growth, industry data showed on Tuesday. Market researcher Kantar said annual grocery inflation was 12.7% in the four weeks to August 6 versus 14.9% in its July data set. It said the outcome was…
