By Lewis Jackson SYDNEY (Reuters) -Australia’s Treasury department may not renew a A$1 million audit contract with PricewaterhouseCoopers (PwC) when it ends this year, an official told a senate hearing amid a scandal over the firm’s misuse of confidential government tax plans. The global professional services firm is reeling after a former Australian tax partner…
By Fatos Bytyci LEPOSAVIC, Kosovo (Reuters) – Around 25 NATO peacekeeping soldiers defending three town halls in northern Kosovo were injured in clashes with Serb protesters on Monday, while Serbia’s president put the army on the highest level of combat alert. KFOR, the NATO-led peacekeeping mission to Kosovo, condemned the violence. “While countering the most…
ZURICH (Reuters) – The Swiss economy grew by a faster than expected rate at the start of the year, the government said on Tuesday, supported by robust domestic demand and rising exports. Economic output, when adjusted for sporting events, grew by 0.5% in the first three months of 2023 compared with the last quarter of…
By Philip Blenkinsop LULEA, Sweden (Reuters) – Top U.S. and European Union officials meet in Sweden on Tuesday to weigh how best to deal with China and cooperate on artificial intelligence and other future technology as well as EU complaints about Trump-era tariffs and U.S. green subsidies. U.S. Secretary of State Antony Blinken and European…
A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from their long weekend on Tuesday with a touch of ambivalence, happy that the weekend resulted in a U.S. debt ceiling agreement and yet anxious about how the deal will fare in congress. More detail and…
By Pavel Polityuk and Olena Harmash KYIV (Reuters) – Russia said on Monday its military hit Ukrainian air bases in overnight strikes and Ukrainian forces shelled industrial facilities inside Russia as both sides sought the upper hand ahead of what Kyiv hopes will be a decisive counter-offensive. In a rare acknowledgement of damage to a…
(Reuters) – Serbian President Aleksandar Vucic will meet on Tuesday with the ambassadors of the United States, Russia, China, Britain and the head of the European Union mission, the president’s office said late on Monday, after new clashes erupted in northern Kosovo. Vucic put the army on the highest level of combat alert after around…
By Andy Bruce LONDON (Reuters) – British shop price inflation picked up this month to reach its highest rate since industry records began in 2005, although growth in food prices cooled slightly, a survey showed on Tuesday. The British Retail Consortium said prices in supermarkets and retail chains rose 9.0% in the year to May,…
(Reuters) – Armenia and Azerbaijan hurled fresh accusations at each other two days before new talks aimed at clinching a peace accord to resolve decades of disputes over the territory of Nagorno-Karabakh. The ex-Soviet states have fought two wars over the region, recognised as part of Azerbaijan but populated mainly by ethnic Armenians. Azerbaijan recaptured…
TAIPEI (Reuters) – Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia Corp CEO Jensen Huang said on Monday, hailing the end of the “digital divide”. Nvidia has surged to become the world’s most valuable listed semiconductor company as a major supplier…
