U.N. says details for safe Ukraine grain shipments still being worked out
U.N. aid chief Martin Griffiths said on Thursday he was hopeful that the first shipment of grain from a Ukrainian Black Sea port could take place as early as ...
Don’t ‘play with fire’ over Taiwan, China’s Xi warns in call with Biden
Chinese leader Xi Jinping warned against playing with fire over Taiwan in a call with U.S. President Joe Biden on Thursday, highlighting Beijing’s concerns about a possible visit ...
U.S. on the brink of recession as GDP contracts again in second quarter
The U.S. economy unexpectedly contracted in the second quarter, with consumer spending growing at its slowest pace in two years and business spending declining, raising the risk that the ...
Russia fines WhatsApp, media regulator asks for Novaya Gazeta’s registration to be revoked
A Russian court on Thursday fined Meta Platforms Inc’s META.O WhatsApp messenger, Snapchat owner Snap Inc SNAP.Nand other foreign firms for their alleged refusal to store the ...
European stocks trim gains on some downbeat earnings
European shares came off session highs on Thursday, as a slew of downbeat earnings including from Santander took the shine off a global rally driven by easing worries about the ...
Turkish lira edges closer to 18 against dollar
Turkey’s lira weakened further on Wednesday to near 18.0 against the dollar and the record lows it hit late last year as worries about the government’s foreign exchange policy ...
Egypt cancels contracts for 240,000 T of stranded Ukrainian wheat
Egypt has cancelled contracts for a total of 240,000 tonnes of Ukrainian wheat that were booked by its state grains buyer for February and March delivery but never loaded due to ...
Qatar’s central bank raises deposit rate by 75 basis points to 3 per cent
The Central Bank of Qatar said on Wednesday it raised its main deposit rate by 75 basis points (bps) to 3 per cent, moving in tandem with the US Federal Reserve’s ...
Germany’s gas levy to take effect in October, sources say
Germany is set to enact a planned levy on all gas consumers on Oct. 1 as it looks to help suppliers grappling with soaring gas import prices and will allow importers ...
Russian-occupied Kherson cut off as Ukraine counter-attacks – Britain
A Ukrainian counter-offensive has virtually cut off the Russian-occupied southern city of Kherson and left thousands of Russian troops stationed near the Dnipro River “highly vulnerable”, British defence and intelligence ...
North Korea’s Kim Yong Un warns USA and Seoul, ‘we are ready for war’
North Korean leader Kim Jong Un said his country is ready to mobilise its nuclear war deterrent and counter any U.S. military clash, and criticised South Korea’s new ...
El Salvador to buy back some debt in surprise move
El Salvador’s president announced on Tuesday a plan for a voluntary repurchase offer to holders of bonds maturing between 2023 and 2025.
The operation would be partially funded by reserves allocated ...
Deadlock gives Iraq record run without government, hampering reforms
Iraq marked its longest post-election deadlock on Wednesday as infighting among Shi’ite and Kurdish groups in particular prevents the formation of a government, hampering reforms needed as the country ...
Two Minnesota ex-officers sentenced on federal charges in George Floyd case
Two former Minneapolis police officers were sentenced on Wednesday on federal charges stemming from the murder of George Floyd, the Black man who was killed when their colleague Derek Chauvin ...
Blinken says U.S. made ‘substantial offer’ to Russia to bring home detained Americans
The United States has made “a substantial offer” to Moscow to bring home U.S. citizens detained in Russia, U.S. Secretary of State Antony Blinken said on Wednesday, adding ...
Spain asks EU parliament to make Catalan its first regional language
The Spanish government said on Wednesday it will ask the European Parliament to consider allowing the use of Catalan in the chamber, in what would be a first for a ...
Russia captures power station, redeploys troops toward southern Ukraine
Russian forces took over Ukraine‘s second-biggest power plant and are conducting a “massive redeployment” of troops to three southern regions, a Ukrainian presidential adviser said, amid expectations of a ...
WHO says more than 18,000 cases of monkeypox globally, most in Europe
There have been more than 18,000 cases of monkeypox reported globally from 78 countries, with the majority in Europe, the World Health Organization said on Wednesday.
The WHO declared the outbreak a ...
Russia cuts gas flows further as Europe makes savings plea
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for ...
Ukraine grain export coordination centre opens in Istanbul
Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first ...
McDonald’s raises UK cheeseburger price by 20% for first time in 14 years
McDonald’s will increase the price of its cheeseburger by 20% in Britain, in the first price hike for the popular item in 14 years as it responds to soaring inflation.
The ...
Trailing in UK leadership race, Sunak pitches energy bill tax cuts
Rishi Sunak, trailing in the race to become Britain’s next prime minister, pledged on Wednesday to temporarily scrap taxes on energy bills paid by households as part of a “...
IMF says Egypt needs progress on fiscal and structural reform
The International Monetary Fund said on Tuesday that Egypt needed to make “decisive progress” on fiscal and structural reform as Cairo seeks a new round of support from the fund.
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Lebanon parliament passes amendments to banking secrecy law
Lebanon’s parliament on Tuesday passed long-awaited amendments to a banking secrecy law, according to a Reuters witness, in the first step towards reforms required by the International Monetary Fund (...