WASHINGTON (Reuters) – A Tennessee law prohibiting doctors from providing medical care such as puberty-blockers and gender affirming surgery for transgender minors can go into effect immediately, a U.S. appeals …
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By Katie Paul NEW YORK (Reuters) -Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for public discourse online, framing it in sharp distinction to the …
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Business News
India inflation likely rose to 4.58% in June on higher food prices: Reuters poll
by Reutersby ReutersBy Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a …
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Business News
China’s car sales shrink 2.9% in June as big-ticket spending falters
by Reutersby ReutersBEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery led to more consumer …
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US and World News
California governor to stop fighting against parole for Manson follower
by Reutersby ReutersBy Daniel Trotta (Reuters) – California Governor Gavin Newsom on Friday announced he would give up trying to deny parole to one of Charles Manson’s murderous “family” of followers, clearing …
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BEIJING (Reuters) – A 25-year-old man was suspected of attacking a kindergarten in China’s Guangdong province on Monday, killing six people and injuring one, triggering an outpouring of concern about …
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SHANGHAI (Reuters) – China’s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates. Chinese …
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Business News
BOJ highlights broadening wage, price hikes in report on regional Japan
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) -Many regional areas of Japan saw small and mid-sized firms aggressively raise wages, reflecting intensifying labour shortages, the Bank of Japan (BOJ) said on Monday, …
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BERLIN (Reuters) – Investor morale in the euro zone sank more than expected in July, hitting a low not seen since Europe’s energy crisis last November, as the currency union …
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Business News
Soaring vegetable prices may tip India’s delicate inflation balance -economists
by Reutersby ReutersMUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at …
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Business News
For Hong Kong’s youth, government-backed hostels offer a smidgen of housing hope
by Reutersby ReutersBy Clare Jim HONG KONG (Reuters) -For most young adults, moving out of home is a rite of passage but in Hong Kong – notorious for its chronic lack of …
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BEIJING (Reuters) -China’s producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered on the edge of deflation, adding to the case for …
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(Reuters) -Here are some facts about NATO Secretary General Jens Stoltenberg, whose contract will be extended for a further year under a decision by the Western defence alliance: * Stoltenberg …
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By Andrius Sytas VILNIUS (Reuters) -NATO holds a summit on July 11-12 in Lithuania, one of the three Baltic states that lived under Soviet rule for decades and were among …
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(Reuters) -Trade tensions between Washington and Beijing are riding high while U.S. inflation data will inform the Federal Reserve’s next move and rate setters in New Zealand and Canada meet. …
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SYDNEY (Reuters) – Australia’s central bank is set to lose a top official to the private sector amid a broader shake-up that could soon see its chief replaced. Westpac announced …
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US and World News
US, Ukraine’s top diplomats hold ‘important’ call before NATO summit
by Reutersby Reuters(Reuters) – U.S. Secretary of State Antony Blinken and Ukraine’s Foreign Minister Dmytro Kuleba said late on Sunday they held a phone call to discuss this week’s NATO summit and …
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Business News
China’s state planner holds meeting with private firms, including Baidu
by Reutersby Reuters(Corrects to clarify Li Qiang is head of the State Council, not state planner) BEIJING (Reuters) – China’s state planner said on Monday it held a meeting with private firms …
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US and World News
Analysis-U.S. military deals not enough to wean India off Russian arms yet
by Reutersby ReutersBy Krishn Kaushik and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – India’s multi-billion-dollar purchases of U.S. arms are less about shifting its reliance on Russian defence equipment and moving towards the …
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(Reuters) – A look at the day ahead in European and global markets from Wayne Cole China’s inflation data for June surprised on the downside, with consumer prices slipping 0.2% …
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Business News
What people are saying about Ant Group’s $984 million fine and share buyback
by Reutersby Reuters(Reuters) – China’s Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well below the $315 billion touted in an abandoned IPO in …
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Business News
China urges ‘practical’ US action on sanctions after Yellen talks
by Reutersby ReutersBy Joe Cash BEIJING (Reuters) – China on Monday called on the U.S. to take “practical action” in response to its “major concerns” about sanctions on Chinese firms, after U.S. …
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Business News
Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits
by Reutersby ReutersBy Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Government bond markets from Europe to the United States and Australia are in a tailspin as the prospect of higher interest rates …
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By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are taking to feed through to the economy has left corporate …
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Business News
Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT
by Reutersby Reuters(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on Monday, citing people familiar with the matter. …