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By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) -Top U.S. and European investors are flagging their concerns about high prices to consumer goods companies, with Janus Henderson going so far as to cut some stakes it holds and shorting food makers it believes are at risk of losing customers. The industry, which is due…
By William Schomberg LONDON (Reuters) – Britain’s economy is showing some signs of strain from the Bank of England’s 13 back-to-back interest rate increases, but the jobs market is still generating inflationary heat and consumers have not reined in their spending sharply. The BoE is expected to keep on raising borrowing costs as it tries…
(Reuters) – Elle Solomina is 36, but she says her life truly began in 2021, when she changed her gender to female in her official Russian identification documents. The IT worker is now watching the path she took to self-acceptance crumble, as Russia is poised to outlaw gender changes in IDs and gender-affirming medical care,…
MADRID (Reuters) – Amancio Ortega, the founder of Zara-owner Inditex, has bought a warehouse in Los Angeles for $109 million as part of a continued drive to invest in logistics real estate in the U.S., his investment firm Pontegadea said on Wednesday. Ortega, Inditex’s main shareholder, bought the 340,120 square-feet (31,600 square metres) building in…
By John Irish and Niklas Pollard VILNIUS (Reuters) – G7 countries on Wednesday unveiled an international framework for the long-term security of Ukraine to boost its defences against Russia and deter Moscow from future aggression, officials said. Ukrainian President Volodymyr Zelenskiy was meeting leaders of NATO at a summit of the 31-member Western alliance, a…
KYIV (Reuters) -Russia launched a drone strike on Kyiv early on Wednesday, and an old man was killed in Russian shelling in southern Ukraine as President Volodymyr Zelenskiy met NATO leaders in Lithuania, Ukrainian officials said. There were no deaths in the second attack on the capital in successive days. But an 81-year-old man was…
VILNIUS (Reuters) -NATO leaders at this week’s summit in Vilnius said Ukraine should be able to join the military alliance at some point in the future but dashed Kyiv’s hopes for an immediate invitation. The guarded statement on Ukraine’s path into NATO irked President Volodymyr Zelenskiy. But after 16 months of war since Russia launched…
VILNIUS (Reuters) – G7 countries announced on Wednesday an international framework that paves the way for long-term security assurances for Ukraine to boost its defences against Russia and deter Moscow from future aggression. In a joint declaration, which other nations can join, the United States, Germany, Japan, France, Canada, Italy and Britain, as well as…
By Michal Aleksandrowicz (Reuters) -French defence and technology group Thales said on Wednesday it was in exclusive talks to buy aerospace supplier Cobham Aerospace Communications for $1.1 billion, pushing Thales shares up more than 3% as it bets on connected cockpits. The world’s third-largest producer of avionics for civil jetliners said the all-cash acquisition would…
MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is nearing the end of a series of steep interest rate rises. The U.S. consumer price index rose 3.0% year-on-year last month, scoring its smallest annual increase in more than two years, while…
