By Andy Bruce and David Milliken LONDON (Reuters) -Britain’s economy eked out unexpected growth in the second quarter, laying the ground for more interest rate hikes from the Bank of England, but it remained the only big advanced economy yet to regain its pre-COVID, late-2019 level. Official data on Friday showed the economy grew 0.2%…
By Alexandra Valencia QUITO (Reuters) -One dead suspect and six others arrested in the assassination of Ecuadorean presidential candidate Fernando Villavicencio are Colombians, Ecuadorean police said on Thursday, and the government said it was pursuing the “intellectual authors” of the murder. The fatal shooting on Wednesday night, less than two weeks before the election, has…
By Jason Xue and Tom Westbrook SHANGHAI (Reuters) – A growing number of healthcare companies in China are shelving their initial public offering (IPO) plans as its stock exchanges have stepped up scrutiny of the pharmaceutical industry’s business practices amid an escalating anti-corruption drive. Healthcare stocks have already slumped in China since the government…
PARIS (Reuters) – French annual inflation reached 5.0% in July, in line with preliminary figure and down from 5.3% in June, dragged down by lower energy, food and manufacturing prices, according to final figures from the INSEE statistics body on Friday. The inflation figure, on an EU-harmonised basis, stood at 5.1%, slightly up from initial,…
WASHINGTON (Reuters) – Virgin Galactic on Thursday blasted three tourists to the edge of space aboard its air-launched VSS Unity spaceplane, a live stream showed, the Richard Branson-founded company’s second commercial mission as it starts routine flights. The rocket-powered VSS Unity craft dropped from the carrier plane over New Mexico around 9:20 a.m. local time…
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina will hold primary elections on Sunday, a nationwide ballot that will act as a giant voter poll ahead of general elections in October, with many people angry or apathetic over triple-digit inflation and rising poverty. The primary – an open and mandatory vote – will decide a…
(Reuters) – Outgoing Cambodian Prime Minister Hun Sen has unveiled a list of people expected to feature in a new cabinet, including several sons and daughters of close allies and serving ministers. Hun Sen, who has ruled Cambodia for nearly four decades, is in the process of handing over power to his son, Hun Manet,…
BEIJING (Reuters) -China has uncovered a Chinese national suspected of spying for the U.S. Central Intelligence Agency (CIA), its state security ministry said on Friday, highlighting what it said were the risks and dangers of Chinese citizens being recruited abroad. The Chinese national surnamed Zeng, who had worked for a military industrial group, was recruited…
By Summer Zhen HONG KONG (Reuters) – U.S.-based Thornburg Investment Management lost its business licence in China to raise funds for outbound investment only one year after it was granted, according to the China Asset Management Association (AMAC) website. Thornburg Investment Management (Shanghai) Limited was deregistered as a qualified domestic limited partnership (QDLP) fund manager…
A look at the day ahead in European and global markets from Tom Westbrook How do you put the cork back in a bottle of champagne? Perhaps ask your friendly bond dealer, as traders in the world’s deepest market quickly got over their excitement at steadying inflation, which held at 0.2% month-on-month. Maybe markets were…
