By Jonathan Allen KIHEI, Hawaii (Reuters) -Maui County Emergency Management administrator Herman Andaya, criticized by local residents and media over the island’s response to the deadly wildfires that killed at least 111 people, resigned on Thursday, officials said. A statement from Maui County Mayor Richard Bissen cited health reasons. “Given the gravity of the crisis…
By Mike Dolan LONDON (Reuters) – A frantic recalibration of long-term borrowing rates has unnerved financial markets trying to parse both many of the positive reasons behind the move and worrying implications of a fresh hit to bond markets. Almost independently of any new take on the trajectory of Federal Reserve policy – as the…
By Jan Strupczewski BRUSSELS (Reuters) -When the United States launched its massive green subsidies push a year ago, many in Europe feared it would be a fresh blow to their regional economy grappling with the knock-on effects of war in Ukraine and lingering aftershocks of the COVID-19 pandemic. Yet while critics argue the European Union…
(Reuters) – The chief of the United Nations humanitarian relief agency has urged Myanmar’s ruling military to allow greater access to 18 million people in need of aid, describing the situation as critical as a post-coup conflict intensifies. Returning from a three-day trip that included a meeting with top general Min Aung Hlaing, Martin Griffiths…
By Tom Sims FRANKFURT (Reuters) -Building permits for apartments in Germany fell 27% during the first half of the year, the statistics office disclosed on Friday, underscoring a downturn in demand plaguing the construction and real estate industry. The nosedive in permits comes amid calls from firms and some politicians for stimulus from Berlin to…
By Muyu Xu SINGAPORE (Reuters) – Asian refiners are on the hunt for crude oil to replace Kuwaiti supply as the OPEC producer cuts exports by nearly a fifth to feed its huge new refinery, which is driving up prices for other sour crudes and likely to squeeze profit margins. Lower Kuwaiti exports follow cuts…
By Doyinsola Oladipo, Julia Harte and Rich McKay (Reuters) – The incongruous sight of tourists enjoying Maui’s tropical beaches while search-and-rescue teams trawl building ruins and waters for victims of the deadliest U.S. wildfire in more than a century has outraged some residents. They have vented on social media, posting video of tourists enjoying holiday…
By Mei Mei Chu and A. Ananthalakshmi KUALA LUMPUR (Reuters) -Malaysia’s economic growth hit the lowest in nearly two years in the second quarter due to sliding exports and a global slowdown, prompting the central bank on Friday to warn that full-year growth will come in at the lower end of its previous forecast. The…
By Fabian Hamacher and Yimou Lee TAOYUAN, Taiwan (Reuters) -Taiwan Vice President William Lai returned on Friday from a sensitive visit to the United States, a trip China has condemned and which has brought warnings from Taiwanese officials it could prompt more Chinese military drills near the island. “Because of everyone’s hard work, Taiwan’s power…
By Katherine Masters, Amy Tennery and Helen Reid NEW YORK/LONDON (Reuters) -When England and Spain face off in Sunday’s Women’s World Cup final, there will be more than sporting pride at stake. A potential multimillion dollar sales boost is also on the table for the winning team’s sponsor – Nike, or Adidas. Sports sponsorship is…
