(Reuters) -The armed confrontation in Ukraine will continue until the West gives up plans to dominate and defeat Moscow, Russian Foreign Minister Sergei Lavrov said in an interview with an Indonesian newspaper published on Wednesday. The goal of the “US-led collective West” is to strengthen its global hegemony, Lavrov told the Kompas newspaper. Lavrov is…
By Phil Stewart and Patricia Zengerle WASHINGTON (Reuters) -President Joe Biden’s nominee to become the top U.S. general warned on Tuesday that a Republican senator’s blockade of military promotions could have a far-reaching impact across the U.S. armed forces, affecting troops and their families. “We will lose talent,” General Charles “CQ” Brown, the outgoing Air…
By Chiara Elisei LONDON (Reuters) – Companies around the globe took on a record $456 billion of net new debt in 2022/23, although higher interest rates should reduce appetite for new borrowing ahead, Janus Henderson said in a report published on Wednesday. The net new debt taken on in 2022/23 pushed outstanding net debt up…
By David Shepardson (Reuters) – The head of the United Auto Workers, which represents 150,000 U.S. hourly workers at General Motors, Ford Motor and Chrysler-parent Stellantis, said the union is not afraid to strike any of the automakers without a fair contract. “The Big Three is our strike target. And whether or not there’s a…
PRISTINA (Reuters) – The Kosovo government said on Tuesday it will scale down the police presence and take other measures to lower tensions in a northern region where hostilities between Albanians and ethnic Serbs have reached their highest level since the country declared independence in 2008. Violence in north Kosovo, where 50,000 Serbs live and…
DUBLIN (Reuters) -Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a “talking shop” which has delivered no benefits or reforms for passengers. The UK Aviation Council first met in February to advise on a ten-year plan set out by ministers…
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis has warned 29,000 owners of 2003 Dodge Ram pickups to immediately stop driving pending repairs after one person was killed when a Takata air-bag inflator exploded. The fatality in May is the first reported involving a Takata passenger-side bag, the National Highway Traffic Safety Administration (NHTSA) said in…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar declined to a two-month low against a major currency index on Tuesday after Federal Reserve officials signaled that the U.S. central bank is near the end of its tightening cycle, while sterling hit a 15-month high after pay growth exceeded expectations. Against the yen, the dollar…
By Lawrence Delevingne and Amanda Cooper (Reuters) -Global shares rose and the dollar pulled back on Tuesday, a day ahead of U.S. inflation data that could warrant a quicker end to Federal Reserve rate hikes, while the prospect of China propping up growth helped to lift oil and other commodities. Wall Street posted gains across…
PARIS (Reuters) – More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers fear they could lose their jobs to AI, the OECD said on Tuesday. The Organisation for Economic Co-operation and Development (OECD) is a 38-member bloc, spanning mostly…
