By Michael Kahn, Robert Muller and Karol Badohal PRAGUE/WARSAW (Reuters) – From building apartments for new employees to offering retired workers free canteen meals to share their expertise, Central Europe’s arms manufacturers are scrambling for new ways to cope with the biggest boom since the end of the Cold War. Facing some of the tightest…
By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) -Thailand’s Pheu Thai party will nominate a real estate tycoon to become prime minister as it takes the lead in efforts to form a government after the progressive party that won a May election was sidelined, Pheu Thai said on Wednesday. Southeast Asia’s second largest economy has…
By Liz Lee and Ella Cao BEIJING (Reuters) -China on Wednesday dispatched thousands of rescue workers to Zhuozhou, a flooded city of over 600,000 residents southwest of Beijing, as the remnants of Typhoon Doksuri continued to wreak havoc on swathes of the city twice the size of Paris. Zhuozhou is in Hebei province, which has…
By Andrew Goudsward (Reuters) – The judge assigned to oversee the federal case against Donald Trump for attempting to overturn the results of the 2020 election has previously ruled against the former president and sharply condemned the Jan. 6, 2021 riot at the U.S. Capitol by his supporters. U.S. District Judge Tanya Chutkan in Washington,…
A look at the day ahead in U.S. and global markets from Amanda Cooper. Two out of three ain’t so good. On Tuesday, Fitch became the second major agency, after Standard & Poor’s in 2011, to strip the United States of its prized triple-A credit rating. Fitch cut by a notch to AA+ and cited…
By Yuvraj Malik (Reuters) -Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. The world’s most valuable firm will…
By Anthony Deutsch AMSTERDAM (Reuters) -A large number of prisoners held in makeshift detention centres in Russian-occupied southern Ukraine were tortured and sexually violated, a team of international experts said on Wednesday in a summary of their latest findings. The Mobile Justice Team, established by the international humanitarian law firm Global Rights Compliance, has worked…
By Eva Mathews (Reuters) -Haleon raised its annual organic revenue growth forecast on Wednesday, as the consumer healthcare giant bets on demand for household brands like Sensodyne toothpaste and Panadol tablets to stick despite a cost-of-living squeeze. The world’s largest standalone consumer healthcare firm has raised prices for its products like other consumer companies to…
JAKARTA (Reuters) – Indonesian police have brought blasphemy and hate speech charges against the head of a controversial Islamic boarding school, following public uproar over its teachings, including unorthodox treatment of women and use of Hebrew. Panji Gumilang, head of the Al-Zaytun school in conservative West Java province, was named a suspect by police on…
(Reuters) – Ratings agency Fitch on Tuesday downgraded the U.S. government’s top credit rating by a notch to ‘AA+’ sending jitters across global markets as investors assessed the impact from the move. [MKTS/GLOB] Here is a list of countries whose sovereign debt is still rated ‘AAA’ by at least two of the top three ratings…
