Oil edges higher; market wary of US inflation data
Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a US supply report showing rising inventories ...
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Heatwaves hammer millions in China’s populated Yangtze River basin
Searing heatwaves swept across China’s vast Yangtze River basin on Wednesday, hammering densely populated megacities from Shanghai on the coast to Chengdu deep in the heartlands.
More than 90 red ...
Euro clings to parity as markets await US inflation data
The euro was hovering just above parity with the US dollar on Wednesday while traders focused on US data due later in the session that is expected to show inflation ...
Gas and nuclear power plants are not climate friendly says Austria, will challenge EU rules
Austria is seeking support from other European Union countries for its legal challenge to the bloc’s rules labelling investments in gas and nuclear power plants as climate-friendly, the climate ...
Egypt raises domestic fuel prices in quarterly review
Egypt’s fuel pricing committee in a quarterly review on Wednesday raised domestic fuel prices by 0.50 Egyptian pounds for 80-octane, 92 octane petrol, and diesel while 95-octane petrol was raised by 1 ...
Turkey, Russia, Ukraine, U.N. set to meet on grain exports
Russian, Ukrainian and Turkish military delegations are set to meet U.N. officials in Istanbul on Wednesday for talks on a possible deal to resume safe exports of Ukraine grain ...
China says it ‘drove’ away U.S. destroyer that sailed near disputed isles
A U.S. destroyer sailed near the disputed Paracel Islands in the South China Sea on Wednesday, drawing an angry reaction from Beijing, which said its military had “driven away” ...
Trump incited Jan. 6 attack after ‘unhinged’ White House meeting, panel told
U.S. lawmakers on Tuesday accused Donald Trump of inciting a mob of followers to attack the U.S. Capitol on Jan. 6, 2021, in a last-ditch bid to remain in power ...
Twitter sues Elon Musk to hold him to $44 billion deal
Twitter Inc TWTR.N sued Elon Musk for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order the world’s richest person ...
G20 watchdog to propose first global crypto rules in October
The Financial Stability Board (FSB) said on Monday it would propose “robust” global rules for cryptocurrencies in October, following recent turmoil in markets that has highlighted the need to regulate ...
Magnitude 6.6 earthquake strikes Easter Island region -EMSC
An earthquake of magnitude 6.6 struck the Easter Island region in the Pacific Ocean near Chile on Tuesday, the European Mediterranean Seismological Centre (EMSC) said.
The quake was at a depth ...
U.S. climate envoy: Europe’s return to coal should be temporary
Moscow’s war in Ukraine must not sideline European Union efforts to cut carbon emissions even as the continent is forced to turn back to coal to cope with reduced ...
Breakaway east Ukraine territory defends death penalty as it opens Moscow embassy
The self-styled Donetsk People’s Republic (DPR) on Tuesday opened an embassy in Russia, one of only two countries to recognise the breakaway statelet in eastern Ukraine, and defended its ...
Irish coalition government survives no-confidence motion in parliament
Ireland’s coalition government comfortably won a parliamentary vote of no confidence on Tuesday despite losing its formal majority last week.
Opposition party Sinn Fein tabled the motion after coalition ...
Portugal and Spain swelter in heatwave, wildfire risk grows
Soaring temperatures in Portugal forced authorities to place more than half the country on red alert on Tuesday and deploy hundreds of firefighters to combat blazes erupting in the central ...
Eight candidates make cut in race to succeed UK PM Johnson (Updated)
Eight Conservatives will fight it out to succeed Boris Johnson as party leader and British prime minister after winning enough nominations from their colleagues to go through to the first ...
Ten Hag off to perfect start as United thrash Liverpool in Thailand
Manchester United got their pre-season off to a flying start with a 4-0 rout of rivals Liverpool in Thailand on Tuesday, giving new manager Erik ten Hag a big boost ...
NASA officials gather to unveil Webb telescope’s first full-colour images
Following a presidential sneak peek of a galaxy-studded image from deep in the cosmos, NASA officials gathered on Tuesday to unveil more of their initial showcase from the James Webb ...
Russia gives exiting firms time by pausing asset seizure law
Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country failed to get through parliament before the summer recess, giving ...
Ukrainian rockets hit Russian-held area as Kyiv readies southern counter-attack
Ukraine launched long-range rocket attacks on Russian forces in southern Ukraine and destroyed an ammunition store, its military said, as Russia continued to pound the country’s east.
The strike ...
India to surpass China as most populous country in 2023
India to surpass China as most populous country in 2023 -UN report
By Manoj Kumar
NEW DELHI, July 11 (Reuters) – India is set to surpass China as the world’s most populous ...
London’s Heathrow caps passengers at 100,000 a day (plus Europe’s travel chaos)
London’s Heathrow said it would cap departing passengers at 100,000 a day this summer to limit queues, baggage delays and cancellations, and it was asking airlines to stop selling tickets ...
Euro pulls back from near parity, up 0.2 per cent
The euro bounced from near-parity versus the dollar on Tuesday and pushed into positive territory in volatile London trading.
Against the greenback, the euro rose 0.2 per cent to $1.0057 after falling 0.4 ...
EU has frozen £13.8bn of Russian assets over war
The European Union has so far frozen 13.8 billion euros worth of assets held by Russian oligarchs, other individuals and entities sanctioned for Moscow’s war against Ukraine, the bloc’s ...