By Aftab Ahmed and Sarita Chaganti Singh NEW DELHI (Reuters) -Surging food prices accelerated India’s annual retail inflation rate in June, snapping four months of easing and erasing any chance of a rate cut by the central bank this year. June retail inflation rose to 4.81%, higher than both the revised 4.31% for the previous…
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen’s trip to China has raised hopes in Beijing that Trump-era tariffs on Chinese imports may be eased as she tries to smooth relations between the two nations, but strong anti-China sentiment in the U.S. may make that impossible. Trade and political…
(Reuters) – The number of people uprooted by a conflict between military factions in Sudan that erupted nearly three months ago has surpassed 3 million, according to estimates from the International Organization for Migration. More than 2.4 million people have been displaced internally and more than 730,000 have crossed into neighbouring countries, data published late…
By Sam Tobin and Kirstin Ridley LONDON (Reuters) -Barclays on Wednesday won a UK Supreme Court appeal that turned on the extent of banks’ duties to protect customers from fraudsters, in a closely watched decision lawyers say could stem a flood of litigation. Fiona Philipp, a music teacher and long-time customer, sued the bank in…
BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn pulled out of the $19.5 billion chipmaking project. Foxconn separately intends to apply for incentives under India’s semiconductor production plan. In an address to the…
By Gabrielle Tétrault-Farber GENEVA (Reuters) -The United Nations Human Rights Council on Wednesday approved a disputed resolution on religious hatred in the wake of the burning of a Koran in Sweden, prompting concern by Western states who say it challenges long-held practices in rights protection. The resolution, introduced by Pakistan on behalf of the 57-nation…
By Dhwani Pandya MUMBAI (Reuters) – India’s Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and is actively talking to global investors about participating, a source with direct knowledge of the matter said on Wednesday. The group’s flagship, Adani Enterprises, and Adani Green have board…
By Mariko Katsumura TOKYO (Reuters) – A third-year student at one of Japan’s top engineering universities, Yuna Kato has her sights set on a career in research but fears it might be short-lived if she has children. Kato says relatives have tried to steer her away from science, technology, engineering and mathematics, on the notion…
By Kate Lamb JAKARTA (Reuters) – Thailand’s Foreign Minister Don Pramudwinai on Wednesday said he had met with Myanmar’s jailed former leader Aung San Suu Kyi, the first foreign official to be granted access to the Nobel laureate since her detention by the military two years ago. The popular pro-democracy figure faces 33 years in…
By Josephine Walker WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval rating held steady at 40% in early July, close to the lowest levels of his presidency, as economic worries continued to trouble Americans, according to a Reuters/Ipsos poll this week. The three-day online poll, which asked Americans, “Do you approve or disapprove of…
