By Sam Tobin and Michael Holden LONDON (Reuters) – Prince Harry is not criticising his grandmother, the late Queen Elizabeth, or Britain’s royal family over a “secret agreement” with Rupert Murdoch’s UK newspaper arm, his lawyer told London’s High Court on Wednesday. Harry, the younger son of King Charles, is suing Murdoch’s News Group Newspapers…
By Ivan Lyubysh-Kirdey and Paul Vieira SLAVUTYCH, Ukraine (Reuters) – Ukraine marked the 37th anniversary of the Chornobyl nuclear disaster on Wednesday by urging the world not to bow to Russian “blackmail” over nuclear facilities it has seized during its invasion. Former workers at what was then known as the Chernobyl nuclear power plant (NPP)…
BEIJING (Reuters) – Ping An Insurance (Group) Co of China Ltd saw a 48.9% rise in first-quarter net profit as its investment income improved, China’s largest insurer by market value reported on Wednesday. Profit rose to 38.4 billion yuan ($5.55 billion) for the January-March quarter, it said in a filing. “The domestic economy continued to…
BUDAPEST (Reuters) – The Hungarian government’s call for a ceasefire in neighbouring Ukraine is “cynical” given large swathes of the country are occupied by invading Russian forces, the U.S. Ambassador to Budapest David Pressman said on Wednesday. The U.S. envoy did not mention Prime Minister Viktor Orban by name, but Hungary’s leader has repeatedly called…
BERLIN (Reuters) -The German government has raised its economic growth forecast for this year to 0.4% from a previously predicted 0.2%, according to its spring economic projections published on Wednesday and first reported by Reuters last week. “A gradual recovery is underway, despite a persistently difficult environment,” German Economy Minister Robert Habeck said. He expects…
By Jan Strupczewski BRUSSELS (Reuters) -The European Commission proposed on Wednesday that, under a reform of the EU’s fiscal rules, governments should ensure public debt falls by an individually negotiated amount over four years and stays on a downward path for a decade afterwards. The proposal, which sets no numerical target for how much the…
By Victoria Waldersee BERLIN (Reuters) – Nearly one in five cars sold globally this year will be electric, with the prices of smaller EV models dropping to rival those of combustion engine cars in North America and Europe by the mid-2020s, the International Energy Agency (IEA) predicted on Wednesday. The agency raised its EV sales…
By Andrew MacAskill LONDON (Reuters) -British foreign minister James Cleverly urged China to be more open about what he called the biggest military build-up in peacetime history and said secrecy around its plans could lead to a “tragic miscalculation”. Relations between Britain and China are the worst in decades after London restricted Chinese investment over…
By David Milliken LONDON (Reuters) – Britain saw a record number of working days lost due to short-term sickness last year and zero annual growth in economic output per hour worked in the final quarter of 2022, according to official data released on Wednesday. The figures from the Office for National Statistics highlight the challenges…
By Tatiana Gomozova and Alexander Marrow MOSCOW (Reuters) -Some former KFC restaurants in Russia began reopening as Rostic’s on Tuesday, as the new owners revive a brand born soon after the collapse of the Soviet Union, although franchise agreements mean the U.S. chain’s brand is set to live on. KFC’s U.S. parent company Yum! Brands…
