By Helen Reid LONDON (Reuters) -The world’s second-biggest fashion retailer, H&M, has decided to gradually stop sourcing from Myanmar, it told Reuters on Thursday, as reports of labour abuses in the country’s garment factories increase. H&M became the latest brand to cut ties with suppliers in the country after Zara owner Inditex, Primark, Marks &…
By Kate Abnett BRUSSELS (Reuters) – Europe is once again battling scorching temperatures this summer, with wildfires blazing across the continent from the Mediterranean to Spain. Here’s how climate change drives these events. HOTTER, MORE FREQUENT HEATWAVES Climate change makes heatwaves hotter and more frequent. This is the case for most land regions, and has been…
By Michelle Nichols UNITED NATIONS (Reuters) – The United States slammed North Korean leader Kim Jong Un at the United Nations on Thursday for using “repression and cruelty” and totalitarian rule to unlawfully develop nuclear weapons and ballistic missiles. “We cannot have peace without human rights,” U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, told…
By David Morgan WASHINGTON (Reuters) – A Republican U.S. lawmaker heading a congressional probe into Hunter Biden’s business dealings asked the National Archives on Thursday for emails between President Joe Biden and his 53-year-old son. House of Representatives Oversight Committee Chairman James Comer called on the official depository of U.S. records to produce unredacted emails…
KYIV (Reuters) – Ukraine’s defence ministry urged military-age citizens to update their data at army enlistment offices and “overcome their fear” in a campaign launched on Thursday as a summer counter-offensive grinds through its third month. The campaign, which draws on slickly-produced videos and photo testimonials of prominent soldiers describing their fears, aims to break…
By Clare Jim HONG KONG (Reuters) – The debt crisis at Country Garden, China’s largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China Evergrande Group defaulted. WHAT COULD HAPPEN NEXT? Since the sector’s debt crisis unfolded in mid-2021, companies accounting for…
By Ju-min Park and Soo-hyang Choi SEOUL (Reuters) – North Korea may launch an intercontinental ballistic missile or take other military action to protest a summit of the United States, South Korea and Japan, a South Korean lawmaker said on Thursday, citing the country’s intelligence agency. U.S. President Joe Biden will meet at Camp David…
By Maxwell Akalaare Adombila and Boureima Balima ACCRA/NIAMEY (Reuters) -The West African bloc ECOWAS stands ready to intervene militarily in Niger should diplomatic efforts to reverse a coup there fail, a senior official told army chiefs who were meeting in Ghana on Thursday to discuss the details of a standby force. Niger military officers deposed…
By Aishwarya Venugopal and Siddharth Cavale (Reuters) -Walmart Inc raised its full-year forecasts and beat second-quarter sales and profit estimates on Thursday, citing strong demand for its low-priced groceries and health and wellness products. Shares in Walmart, which have climbed 12.3% this year, were down slightly in morning trading. “The earnings report from the world’s…
(Reuters) – Warren Buffett donated nearly $27 million of Berkshire Hathaway stock this week to an unnamed charity, the latest move in the billionaire investor’s plan to give away his fortune. Berkshire disclosed Buffett’s donation of 50 Class A shares in a Wednesday night filing with the U.S. Securities and Exchange Commission. The donation was…
