WASHINGTON(Reuters) – New orders for U.S.-made goods increased less than expected in May as a surge in civilian aircraft orders was partially offset by sluggishness elsewhere amid higher interest rates that are eroding demand. Factory orders rose 0.3% after advancing by the same margin in April, the Commerce Department said on Wednesday. Economists polled by…
BENGALURU (Reuters) – The Reserve Bank of India (RBI) on Wednesday asked banks and non-bank lenders to issue credit, debit and prepaid cards on multiple networks to give customers the freedom to choose. “On a review, it is observed that arrangements existing between card networks and card issuers (banks and non-banks) are not conducive to…
By Tom Balmforth KYIV (Reuters) – In a basement in downtown Kyiv late last month, away from prying eyes, hundreds of engineers and innovators met senior military officials to brainstorm ways to better neutralise the cheap Russian suicide drones that still devastate Ukrainian cities. It was a rare, close-up glimpse into Ukraine’s technology arms race…
VATICAN CITY (Reuters) – The Vatican will study the modern-day killing of Christians and try to list “all those who have shed their blood” in the name of Christ since the turn of the century, Pope Francis said on Wednesday. In a letter released by the Vatican, Francis said he had given the task to…
PARIS (Reuters) – French police arrested 16 people overnight in connection with urban violence, the interior ministry said on Wednesday, indicating a further decrease in the scale of unrest that swept through poor French suburbs after a fatal police shooting last week. The death on June 27 of Nahel M., a teenager of North African…
By Ali Sawafta JENIN, West Bank (Reuters) -Militants from the Gaza Strip fired rockets on Wednesday after Israeli forces withdrew from the Palestinian city of Jenin on Tuesday, following one of their biggest military operations in the occupied West Bank for years. Israeli jets hit an underground weapons manufacturing facility in response, the military said,…
GENEVA (Reuters) – A fact-finding mission mandated by the U.N. urged Iranian authorities on Wednesday to stop executing people who were sentenced to death for taking part in anti-government protests that rocked the country last year. The death of 22-year-old Mahsa Amini in September 2022 while in the custody of the country’s morality police unleashed…
By Andy Bruce MANCHESTER, England (Reuters) – Sick of customs delays and extra bureaucracy since Britain left the European Union, Farrat, a small manufacturer on the edge of Manchester, is ramping up investment to compensate – in Germany. The maker of anti-vibration parts for buildings and machinery is growing fast, almost doubling its headcount in…
By Michael S. Derby (Reuters) – Federal Reserve meeting minutes from the June policy gathering to be released on Wednesday are likely to show an active debate among policymakers who still on balance appear inclined to support more action to tame inflation. The meeting minutes, due at 2 p.m. EDT (1800 GMT), will arrive after…
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s election race is narrowing into a two-horse race, polling ahead of the Aug. 13 primary vote shows, with the ruling Peronist coalition’s choice of a centrist candidate defusing some of the threat from far-right libertarian Javier Milei. Pollsters have the main conservative opposition bloc’s top two candidates,…
