(This July 9 story has been corrected to remove the ‘Make UK’ reference and to show that the survey was published only by BDO in paragraph 2) LONDON (Reuters) – British companies were the most upbeat about their trading prospects in 10 months in June and their hiring plans increased again but rising interest rates…
By Valentyn Ogirenko and Gleb Garanich KYIV (Reuters) -Russia launched attacks on Ukraine’s capital Kyiv, the Black Sea port of Odesa and the southern region of Kherson on Tuesday before the start of a NATO summit in Lithuania where security threats from Moscow were on the agenda. No deaths were reported in overnight drone strikes…
(Reuters) – Texas’ power grid operator projected electricity use would break records again this week as homes and business crank up their air conditioners to cope with another brutal summer heatwave. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state’s power…
By Yimou Lee, Ben Blanchard and Dhwani Pandya TAIPEI/MUMBAI (Reuters) – Foxconn said it intends to apply for incentives under India’s semiconductor production plan, a day after the Taiwanese firm split with Vedanta on a $19.5 billion chipmaking joint venture. Foxconn withdrew from the JV with the Indian metals-to-oil conglomerate on Monday, in a setback…
(Reuters) -The Kremlin accused NATO on Tuesday of treating Russia like an “enemy” and said it would closely follow any decisions taken at a two-day summit of the Western military alliance and respond with unspecified measures to protect its own security. NATO Secretary-General Jens Stoltenberg said earlier he expected its leaders gathering in Vilnius to…
SEOUL (Reuters) – North Korea on Tuesday condemned U.S. President Joe Biden’s decision to send cluster munitions to Ukraine as a “criminal act” and demanded an immediate withdrawal of the plan. The fact that Biden had admitted it was a difficult decision showed he was aware of the disastrous consequences of the use of cluster…
By Sabine Siebold and John Irish VILNIUS (Reuters) -Turkish President Tayyip Erdogan on Monday agreed to forward to parliament Sweden’s bid to join the NATO military alliance, appearing to end months of drama over an issue that had strained the bloc as war has raged in Ukraine. Sweden and Finland applied for NATO membership last…
By William Schomberg LONDON (Reuters) -A key measure of British wages rose at the joint fastest pace on record but official data also showed signs that the inflationary heat in the labour market is cooling, offering the prospect of relief for the Bank of England. Sterling edged up but yields on two-year British government bonds,…
By Suban Abdulla LONDON (Reuters) -A key British mortgage rate hit a 15-year high on Tuesday when it rose above the levels reached in the aftermath of September’s “mini-budget” crisis, adding to strains on the country’s slowing housing market as the Bank of England battles stubborn inflation. The average two-year fixed residential mortgage rate climbed…
(Reuters) – As rebellious Wagner forces drove north toward Moscow on June 24, a contingent of military vehicles diverted east on a highway in the direction of a fortified Russian army base that holds nuclear weapons, according to videos posted online and interviews with local residents. Once the Wagner fighters reach more rural regions, the…
