Sterling falls as BoE expects recession, US futures up

Sterling falls as BoE expects recession, US futures up

Bank of England hikes rates by 50 basis points BoE expects recession throughout 2023 Fed official: 50bp hike in Sept “reasonable” Oil stabilized after hitting six-month low Lufthansa returns to operating profit LONDON, Aug 4 (Reuters) – Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro … Read more

NATO peacekeepers oversee removal of roadblocks in Kosovo

NATO peacekeepers oversee removal of roadblocks in Kosovo

ZUPCE, Kosovo, Aug 1 (Reuters) – NATO-led peacekeepers backed by helicopters on Monday oversaw the removal of roadblocks protesters had set up in north Kosovo, where political tensions have flared more than two decades since a crisis that ended with NATO airstrikes. The removal of the barricades came after the Kosovo government postponed the implementation … Read more

Kosovo government postpones its plan for volatile north after tensions rise

Kosovo government postpones its plan for volatile north after tensions rise

FILE PHOTO- Kosovo’s Prime Minister Albin Kurti looks on during a news conference with German Chancellor Olaf Scholz in Berlin, Germany May 4, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register MITROVICA, Kosovo, July 31 (Reuters) – The Kosovo government postponed implementation of a decision that would oblige Serbs in the … Read more

Beirut silo collapses, reviving trauma ahead of blast anniversary

Beirut silo collapses, reviving trauma ahead of blast anniversary

Silos a towering reminder of Aug. 4, 2020 explosion Smouldering fire had put Beirut residents on edge for weeks 2020 blast seen as symbol of corruption of Lebanese elite BEIRUT, July 31 (Reuters) – Part of the grain silos at Beirut Port collapsed on Sunday just days before the second anniversary of the massive explosion … Read more

At least 16 die in ‘epic’ Kentucky floods, including 6 children

At least 16 die in 'epic' Kentucky floods, including 6 children

July 29 (Reuters) – The death toll in eastern Kentucky rose to at least 16 on Friday as flooding unleashed by “epic” torrential rainfall swept through homes, washed out roads and pushed rivers over their banks, state authorities said, warning that more fatalities were expected. Police and National Guard troops, including personnel from neighboring states, … Read more

Syrian ship carrying ‘stolen Ukrainian barley, flour’ docks in Lebanon, Ukrainian embassy says

Syrian ship carrying 'stolen Ukrainian barley, flour' docks in Lebanon, Ukrainian embassy says

BEIRUT, July 28 (Reuters) – A Syrian ship under US sanctions has docked in the northern Lebanese port of Tripoli carrying barley and wheat that the Ukrainian embassy in Beirut told Reuters on Thursday had been plundered by Russia from Ukrainian stores. The Laodicea docked in Tripoli on Wednesday, according to shipping data website MarineTraffic. … Read more

Spirit ends sale to Frontier as JetBlue talks continue

Spirit ends sale to Frontier as JetBlue talks continue

July 27 (Reuters) – Spirit Airlines Inc. (SAVE.N) canceled its $2.7 billion sale to Frontier Group Holdings Inc (ULCC.O) on Wednesday after Spirit shareholders balked at supporting it, leaving JetBlue Airways Corp (JBLU.O) with an opening to clinch a deal. The development, first reported by Reuters on Wednesday, came after Spirit pushed back a shareholder … Read more

Texas school principal suspended after Uvalde shooting

Texas school principal suspended after Uvalde shooting

Texas Governor Greg Abbott speaks with Mandy Gutierrez, Principal at Robb Elementary School, where a gunman killed 19 children and two teachers in the deadliest US school shooting in nearly a decade, during US President Joe Biden’s visit at the school, in Uvalde, Texas, US May 29, 2022. REUTERS/Jonathan Ernst Register now for FREE unlimited … Read more

Ukraine works to resume grain exports despite Russian strike on Odesa

Ukraine works to resume grain exports despite Russian strike on Odesa

Moscow, Kyiv had signed grain export deal on Friday Accord had sought to avert major global food crisis Zelenskiy: attack shows Moscow can’t be trusted on deal KYIV, July 24 (Reuters) – Ukraine pressed ahead on Sunday with efforts to restart grain exports from Black Sea ports after a missile attack on Odesa raised doubts … Read more

Wall Street closes higher boosted by strong Tesla earnings

Wall Street closes higher boosted by strong Tesla earnings

Tesla shares rise as profit tops expectations AT&T drags down communication services sector Amazon, Apple rise ahead of earnings on July 28 Energy stocks lead sectoral declines Indexes up: Dow 0.51%, S&P 500 0.99%, Nasdaq 1.36% July 21 (Reuters) – Wall Street’s main indexes rose on Thursday boosted by a late-afternoon rally and gains in … Read more