Stocks rally, dollar falls after U.S. data, ECB hike, hawkish Fed pause

By Sinéad Carew and Marc Jones NEW YORK, LONDON (Reuters) – MSCI’s global index of stocks rose on Thursday to its highest level since April 2022 after strong U.S. economic data, but the dollar slid following the European Central Bank’s interest rate increase a day after the Federal Reserve paused its hikes. While U.S. jobless…

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IAEA spokesman: gunfire briefly halted convoy, but no immediate danger

(Reuters) – A spokesman for the U.N.’s nuclear watchdog said on Thursday that gunfire briefly halted a convoy heading back to Ukrainian-held territory after a visit to the Russian-controlled Zaporizhzhia nuclear power station, but the delegation was in no immediate danger. “Convoy was stopped and gunfire was distinctly heard for a few minutes but the…

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Stellantis to unveil Citroën e-C3, first affordable European-made EV

By Gilles Guillaume PARIS (Reuters) – The world’s No.3 carmaker Stellantis will unveil its first European-made affordable electric car in mid-October, the new Citroën e-C3, as it gears up to counter the arrival of lower-cost Chinese brands in the European market. Electric vehicles (EVs) are more expensive than their fossil-fuel counterparts and European carmakers plan…

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Finland’s right-wing parties strike deal to form government

By Essi Lehto HELSINKI (Reuters) – Finland’s conservative National Coalition (NCP), winner of April’s parliamentary election, has reached agreement to form a majority government with the eurosceptic, anti-immigration Finns Party and two smaller groups, its leader said on Thursday. “All issues have been resolved and the papers are ready,” said NCP leader Petteri Orpo, a…

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Breadbasket Brazil to stock up on food citing inflation concerns – agency

By Roberto Samora SAO PAULO (Reuters) – Top food producer Brazil will start stocking up on food staples, a government agency said on Thursday, as the leftist administration of President Luiz Inacio Lula da Silva makes good on last year’s campaign trail promise to curb food inflation. In a bid to increase public storage capacity,…

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Italy launches ‘Berlusconi’ legal reform to bolster rights of accused

By Emilio Parodi MILAN (Reuters) – Italy’s cabinet on Thursday approved a justice reform aimed at strengthening the rights of defendants, measures long advocated by former Prime Minister Silvio Berlusconi who died this week after years of legal battles with prosecutors. The bill, which Giorgia Meloni’s rightist government dedicated to Berlusconi, curbs the use of…

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US criticizes Russia in annual human trafficking report

By Matt Spetalnick and Simon Lewis WASHINGTON (Reuters) – The U.S. sharpened its criticism of Russia’s record on human trafficking on Thursday, citing Moscow’s treatment of conscripts and Ukrainian children, in an annual report on countries that Washington says are failing to protect victims. The State Department’s 2023 Trafficking in Persons report kept Russia on…

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Croatia eying record tourist season after joining Schengen area

By Antonio Bronic ZADAR, Croatia (Reuters) – Croatian tourism officials are anticipating a record year for the sector after the country joined Europe’s free-movement Schengen zone in January, which has boosted the number of visitors to its picturesque Adriatic coast. Tourism accounts for 20% of Croatia’s economy and following a slump during the COVID-19 pandemic,…

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