PARIS (Reuters) – Food inflation in France has started to ease this month and the trend should accelerate in the coming weeks, Finance Minister Bruno Le Maire said on Wednesday. Le Maire told BFM television that there were still four or five major players in the food industry which have not complied with a government…
(Reuters) -Russia and Ukraine on Tuesday accused each other of plotting to stage an attack on the Russian-held Zaporizhzhia nuclear power station, long the subject of mutual recriminations and suspicions. Ukrainian President Volodymyr Zelenskiy said he told his French counterpart, Emmanuel Macron, about Russian “dangerous provocations” at the plant in southeastern Ukraine. Russian troops seized…
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese firms offered the biggest pay hikes in three decades at this year’s negotiations with workers, the country’s largest trade union group said on Wednesday, a development economists say will help revive anaemic consumer demand. A survey conducted by Rengo, Japan’s umbrella trade union group, showed pay hikes first reported…
By Wayne Cole SYDNEY (Reuters) – The Australian government will announce this month whether it would reappoint Reserve Bank of Australia (RBA) Governor Philip Lowe or replace him. Here’s a list of people being touted as possible replacements. * Michele Bullock, 60, became the first female Deputy Governor of the RBA when she was appointed…
By Wayne Cole SYDNEY (Reuters) – With a July policy meeting done and dusted, the head of Australia’s central bank is waiting to hear if he will remain at the helm or take an early exit as past policy missteps come back to haunt him. Markets are still in the dark whether Treasurer Jim Chalmers…
By Kanishka Singh and Raphael Satter (Reuters) -Ten people were killed and 38 wounded in mass shootings in Philadelphia, Baltimore and Fort Worth ahead of the Fourth of July holiday, officials said, prompting a fresh call from President Joe Biden to pass gun control legislation. In Fort Worth, three people were killed and eight wounded…
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday he wants the Mercosur trade bloc to advance in talks for deals with Canada, South Korea and Singapore, while aiming to increase commerce with other countries in Latin America and Asia. The leftist president’s remarks during a summit of Mercosur leaders in…
By Amy Lv and Brenda Goh BEIJING/SHANGHAI (Reuters) -Companies caught out by China’s decision to restrict exports of two metals widely used in semiconductors and electric vehicles were racing to secure supplies on Tuesday as some industry suppliers worried that curbs on rare earth exports could follow. Monday’s abrupt announcement of controls from Aug. 1…
TAIPEI (Reuters) – Leading Taiwan presidential candidate William Lai wrote in the Wall Street Journal on Wednesday that he could keep the peace with China if elected, reiterating his willingness for talks without preconditions and a pledge to boost defences. Lai, Taiwan’s vice president and the candidate for the ruling Democratic Progressive Party (DPP), has…
By Dan Peleschuk KYIV (Reuters) -A Ukrainian counteroffensive against Russian forces has been “particularly fruitful” in the past few days and Ukraine’s troops are fulfilling their main tasks, a senior security official said on Tuesday. The comments by Oleksiy Danilov, secretary of Ukraine’s National Security and Defence Council, were Kyiv’s latest positive assessment of the…
