By Kate Holton LONDON (Reuters) – On Savile Row, the London street long celebrated for turning out sharp suits, tailors have been racing to prepare the red and gold uniforms that will feature in Britain’s first coronation for 70 years, adorned with the new insignia of King Charles. The salesrooms have been busy too, as…
MOSCOW (Reuters) – Activity in Russia’s manufacturing sector grew for the 12th month running in April, and new export orders ended a 14-month sequence of decline, while inflationary pressures regained momentum, a business survey showed on Tuesday. The S&P Global Purchasing Managers’ Index (PMI) for Russian manufacturing dropped in April to 52.6 from 53.2 in…
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. The Reserve Bank of Australia kicked off a string of major central bank meetings this week by surprising markets with a quarter-point rate hike, when most had been positioned for a pause. It even signalled the possibility of…
(Reuters) – Logitech International posted a 22% drop in fourth-quarter sales on Tuesday, as growing worries of an economic downturn continue to hinder the computer peripherals maker from maintaining the growth experienced during the pandemic. The Swiss company said its sales for the three months to March-end fell to $960 million, compared with $1.23 billion…
By Ben Kellerman and Doyinsola Oladipo NEW YORK (Reuters) – American basketball star Brittney Griner stepped onto the red carpet at the star-studded Met Gala on Monday, embracing a larger spotlight months after returning home from detention in a Russian penal colony. The twice Olympic champion has pledged to advocate for the release of other…
KYIV (Reuters) -Ukrainian units have ousted Russian forces from some positions in Bakhmut amid fierce battles, a top Ukrainian general said on Monday, as the White House believes that more than 20,000 Russian fighters have been killed in Ukraine since December. “The situation (in Bakhmut) is quite difficult,” Col. Gen. Oleksandr Syrskyi, the Ukrainian commander…
By Steve Holland and Katharine Jackson WASHINGTON (Reuters) -The White House on Monday estimated that Russia’s military has suffered 100,000 casualties in the last five months in fighting in the Bakhmut region and other areas of Ukraine. White House national security spokesperson John Kirby told reporters the figure, based on U.S. intelligence estimates, included more…
By Clotaire Achi and Stephane Mahe PARIS (Reuters) -French police clashed with hundreds of black-clad anarchists in Paris and other cities during union-led protests against President Emmanuel Macron’s increase in the retirement age, as workers staged Labour Day rallies across Europe. Demonstrators pelted Paris police with Molotov cocktails and fireworks, torched building materials and smashed…
GENEVA(Reuters) – Around a quarter of jobs are set to change in the next five years, according to a survey of employers published on Monday by the World Economic Forum (WEF), the organisation known for its annual meeting in Davos, Switzerland. Some 69 million jobs will be created and 83 million eliminated by 2027, it…
(Reuters) – Air Lease Corp said on Monday it expects delivery delays from Boeing Co and Airbus SE to persist for several years, adding to the headaches of the aerospace industry amid a faster-than-expected recovery in travel. “In recent weeks, we have received additional notices of delay from both Airbus and Boeing for 2023 and…
