By Ruma Paul and Sudarshan Varadhan DHAKA (Reuters) – Apparel makers in Bangladesh are considering rare bulk exports by air to Europe and the United States, as they race to meet deadlines and avoid cancellations after a cyclone delayed shipments, caused power cuts and disrupted production. The crunch could disrupt summer clothes supplies for retailers…
By Elizabeth Piper KHERSON, Ukraine (Reuters) – Valentyna Haras says she isn’t a traitor. Nonetheless, her garden walls in the Ukrainian city of Kherson are covered with graffiti marking her out as a Russian collaborator. “Rashist” – a Ukrainian blend of Russian fascist – is scrawled in red paint. Accusatory “Z”s – symbols of support…
MOSCOW (Reuters) – Yevgeny Prigozhin, the chief of Russia’s Wagner mercenary group, on Thursday accused regular Russian army units of pulling back 570 metres north of the eastern Ukrainian city of Bakhmut, leaving his own fighters’ flanks exposed. Reuters was unable to verify his assertion and there was no immediate comment from the defence ministry….
MILAN (Reuters) – Shares in Italy’s Italian Design Brands (IDB), a hub of Italian furniture and lighting companies, jumped more than 3% on their Milan bourse debut on Thursday. At around 1000 GMT IDB’s shares were up 3.3% from the fixed price set in its initial public offering. The group, which offered newly issued shares…
A look at the day ahead in U.S. and global markets from Naomi Rovnick Risk appetite has perked up on global markets thanks to optimism that U.S. Democrats and Republicans are nearing a deal to raise the debt ceiling and avoid an economically catastrophic default. European and Asian shares rose on Thursday, the dollar held…
BERLIN (Reuters) – Germany’s powerful auto industry association is urging the European Union and Britain to postpone post-Brexit rules it says would hamper the transition to electric vehicles, potentially boosting the hand of UK-based carmakers calling for the same. Under the trade deal agreed when Britain left the EU, 45% of the value of an…
LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price pressures have peaked after inflation hit a 41-year high last year, a survey published on Thursday showed. The Office for National Statistics said 18% of businesses expected to increase the prices of goods or services…
By Andrew Hayley XIAN, China (Reuters) – Central Asian heads of state converged in China’s historic city of Xian on Thursday for one-on-ones with Chinese leader Xi Jinping to seal pledges of “enduring” friendship, paving the way for a summit expected to result in a regional pact with Beijing. The bilaterals set the stage for…
By Sabine Siebold BRUSSELS (Reuters) – NATO will step back to the future at its Vilnius summit in July, with leaders set to approve thousands of pages of secret military plans that will detail for the first time since the Cold War how the alliance would respond to a Russian attack. The move signifies a…
By Leigh Thomas PARIS (Reuters) – France’s unions may have failed to derail President Emmanuel Macron’s push to raise the retirement age, but they are reaping big gains in new members thanks to the months-long battle. Hydroelectric plant worker Jeremy Bensa joined the hardline CGT after he and co-workers in his unit at state power…
