KYIV (Reuters) – The destruction of the Kakhovka dam in southern Ukraine poses a threat to the Zaporizhzhia Nuclear Power Plant, but the situation at the facility is under control, Ukraine’s state atomic power agency said on Tuesday. The U.N. nuclear watchdog, the International Atomic Energy Agency, said on Twitter it was closely monitoring the…
By Maria Martinez BERLIN (Reuters) -A drop-off in spending by inflation-hit consumers was one of the main reasons Germany fell into recession in the first quarter, even as other countries in the region managed to avoid it. What’s more, even with inflation starting to ease across Europe, the signs are that Germany’s famously thrifty shoppers…
By Sarah McFarlane and Valerie Volcovici LONDON (Reuters) – The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall impact of the conflict. The report, which is due to be…
A look at the day ahead in European and global markets from Ankur Banerjee: Markets are increasingly looking for the Federal Reserve to pause rate hikes next week, and, amid a blackout on Fed speakers, will be focusing heavily on economic data in the days ahead. Throwing markets a slight curveball on Tuesday, Australia’s central…
KYIV (Reuters) – The Nova Kakhovka dam in the Russian-controlled parts of Ukraine’s Kherson region was blown up by Russian forces, the South command of Ukraine’s Armed Forces said on Tuesday. “The scale of the destruction, the speed and volumes of water, and the likely areas of inundation are being clarified,” the command said on…
WASHINGTON (Reuters) – Robert Hanssen, the former FBI agent turned spy whom the bureau describes as the most damaging in its history, was found dead in his prison cell on Monday, U.S. authorities said. Hanssen, 79, was sentenced in 2002 to life in prison after pleading guilty to spying for the Soviet Union and later…
By Julie Steenhuysen CHICAGO (Reuters) – Adding an experimental mRNA-based vaccine from Moderna Inc and Merck & Co reduced the risk that the most deadly skin cancer would spread by 65% over treatment with an immunotherapy alone in a mid-stage trial, the companies reported on Monday. With this and earlier data, Moderna is considering seeking…
WASHINGTON (Reuters) – The United States imposed sanctions on Monday on members of a Russian intelligence-linked group for their role in Moscow’s efforts to destabilize democracy and influence elections in Moldova, the Treasury Department said. The new sanctions target seven Russian individuals, some of whom maintain ties to Russian intelligence services, the department said in…
LIMA (Reuters) -A convicted killer imprisoned in Peru will be extradited within days to the U.S., where he faces extortion and fraud charges related to the disappearance and murder of an Alabama teenager nearly two decades ago, Interpol’s local head said on Monday. The extradition is the latest twist in the mystery surrounding the fate…
By Suban Abdulla LONDON (Reuters) – British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dashed hopes of a boost from three public holidays, the British Retail Consortium said on Tuesday. The BRC said spending in its members’ stores…
