Russia says it thwarted major Ukrainian offensive, Kyiv says Moscow spreads lies

By Guy Faulconbridge MOSCOW (Reuters) -Russia said on Monday its forces had thwarted a major Ukrainian offensive at five points along the front in the Ukrainian region of Donetsk and killed hundreds of troops while Ukraine accused Moscow of spreading lies. It was not immediately clear whether or not the attack represented the start of…

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US Navy shows Chinese warship’s ‘unsafe interaction’ near Taiwan

By Ben Blanchard and Laurie Chen TAIPEI/BEIJING (Reuters) -The U.S. Navy has released a video of what it called an “unsafe interaction” in the Taiwan Strait, in which a Chinese warship crossed in front of a U.S. destroyer in the sensitive waterway, a risky incident amid deteriorating Sino-U.S. ties. The encounter comes as both countries…

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Higher wage costs force UK services firms to push up prices: PMI

By Suban Abdulla LONDON (Reuters) – British services firms reported the strongest input cost pressures in three months in May and a steep increase in prices charged against a backdrop of solid growth, adding further pressure on the Bank of England to keep raising interest rates. The final S&P Global/CIPS UK Services Purchasing Managers’ Index…

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Experts debate how much US Supreme Court ruling chills labor strikes

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court has delivered the latest in a series of rulings undercutting organized labor, with some legal experts predicting that the decision will make unions that engage in strikes more vulnerable to lawsuits while others see a more modest impact. An 8-1 ruling on Thursday authored by…

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Venezuela’s Maduro visits Saudi Arabia -state media

RIYADH (Reuters) – Venezuelan President Nicolas Maduro arrived in Saudi Arabia on Monday, state media reported, as the kingdom continues to expand its diplomatic outreach beyond traditional Western alliances. Maduro was received at the airport of the Saudi Red Sea city of Jeddah by Deputy Governor of Mecca region Prince Badr bin Sultan and other…

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Sixty Afghan girls hospitalised after school poisoning – police

(Fixes typo of word ‘hospitalised’ in lead paragraph) KABUL (Reuters) – Around 60 Afghan girls were hospitalised after being poisoned at their school in northern Afghanistan, police said on Monday. The poisoning, which targeted a girls’ school in the Afghan province of Sar-e Pol, comes after intense scrutiny of girls’ education in the war-torn nation…

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Analysis-Smaller UK firms attractive targets for PE buyouts

By Shristi Achar A and Johann M Cherian (Reuters) – Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to private equity players flush with unspent funds of nearly a trillion dollars. Central banks have been battling high prices by hiking borrowing costs for…

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