MADRID (Reuters) -Spain’s Socialist Prime Minister Pedro Sanchez and Alberto Nunez Feijoo, leader of the conservative People’s Party (PP), held a fractious live television debate on Monday, ahead of a national election on July 23. The pair tore into each other on a range of topics from the economy, housing, and pensions, to the environment,…
A look at the day ahead in European and global markets from Tom Westbrook A day of calm after last week’s clear-out in the bond market and investors are back to trading near-term rate expectations. Traders in Asia nudged both yields and the dollar a whisker lower on Tuesday, with an eye on Wednesday’s U.S….
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, a British Retail Consortium survey showed on Tuesday, but consumers spent less on big-ticket items as high food prices continued to squeeze their budgets. The BRC said retail spending increased by 4.9% in annual…
HAVANA (Reuters) – Cuba will look to expand cooperation at an upcoming summit of European Union, Latin American and Caribbean leaders next week, its foreign minister said, but accused the EU of “manipulative behavior” that could hamper leaders’ ambitions. Heads of state from the EU and the Community of Latin American and Caribbean States (CELAC)…
KYIV (Reuters) -Ukraine said on Monday its troops had caught occupying Russian troops “in a trap” in the shattered eastern city of Bakhmut, where its forces have been gaining ground as part of their counter offensive. Russian accounts of the fighting said Moscow’s forces have repelled or contained Ukrainian advances in the east and south….
WASHINGTON (Reuters) – U.S. Senate Foreign Relations Committee Chairman Bob Menendez on Monday said there was a temporary “lull” in Turkey’s “aggression against its neighbors” and said he is in talks with the Biden administration about the hold he has on future U.S. sales of F-16 fighter jets to Ankara. Menendez, a Democrat, said in…
By Sarah McFarlane and Valerie Volcovici LONDON/WASHINGTON (Reuters) – When it comes to taking stock of global emissions, there’s an elephant in the room: the world’s armed forces. As temperatures hit new highs, scientists and environmental groups are stepping up pressure on the U.N. to force armies to disclose all their emissions and end a…
By David Lawder WASHINGTON (Reuters) -The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender’s president, Ajay Banga, aiming to marshal more private capital to combat climate change and boost investment in developing countries. The “Private Sector Investment Lab” will begin work in…
By David Shepardson (Reuters) -The United Auto Workers union said on Monday it will open contract talks with Detroit’s Big Three automakers starting on Thursday, ahead of the mid-September expiration of the current four-year labor deal. The union said talks will open on Thursday with Chrysler-parent Stellantis, on Friday with Ford Motor and on July…
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Wall Street stocks rose slightly on Monday, while oil prices and the dollar dipped, as investors digested Chinese economic data and looked ahead to a key U.S. inflation report and corporate earnings. U.S. stocks gained modestly. The Dow Jones Industrial Average rose 0.62%, the S&P 500 gained 0.24%,…
