Reuters

Europe is anticipating the prospect of Liz Truss as Britain's next prime minister with a mixture of irritation and unease: diplomats say that with the war in Ukraine and rampant inflation, the last thing they need is another Brexit battle.

A meeting of the Group of 20 major economies failed on Friday to produce a formal communique after talks on energy transition, but chair Indonesia said members had backed a non-binding proposal to speed up adoption of cleaner energy.

The pace and scale of interest rate hikes delivered by central banks across developed and emerging markets slowed in August as policy makers reassessed the trajectory for inflation and energy prices.

Jefferies analysts nearly doubled their price target on Bed Bath & Beyond this week, taking the opposite view from other brokerages on the same day the struggling retailer disclosed it had tapped Jefferies investment bankers for a stock sale.

Chileans will head to the polls on Sunday to approve or reject a new constitution that would replace the Andean country's current text that dates back decades to the era of military dictator Augusto Pinochet.

Chileans are set for a historic decision on Sunday: stick with a market-friendly constitution dating back to military dictator Augusto Pinochet or approve a progressive new text that promises to shake up the Andean country's political and social fabric.

Brett Cross had several questions for the Uvalde school board when it met this week, but went home with few answers.

Federal and local officials are scrambling to locate close to a dozen unaccompanied migrant children, after Houston police raised concerns about a trend of migrant children reported missing in the Texas city, according to U.S.

A consortium led by China's Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private in a deal that would value the firm at $1.8 billion, people with knowledge of the matter said.

Japanese Finance Minister Shunichi Suzuki said on Friday that Tokyo will take "appropriate" action as needed on the yen's slide to a fresh 24-year low against the dollar, signaling the chance of intervention to address market volatility.

Fund managers are cutting their holdings in Chinese property bonds by half or even more as the sector lurches from crisis to crisis and blows a deep hole in asset managers' performance.

Pilots at Lufthansa went on strike on Friday, forcing the German airline to cancel hundreds of flights, stranding holidaymakers.

Taiwan's shooting down of a drone off the Chinese coast that buzzed a Taiwanese-controlled island was the most "appropriate" thing to do after repeated warnings, and China should exercise restraint, Taiwan Premier Su Tseng-chang said on Friday.

Prime Minister Narendra Modi commissioned India's first home-built aircraft carrier on Friday, underlining his government's efforts to boost domestic production to supply a military deployed on two contentious borders.

Pakistan's armed forces have rescued a further 2,000 people stranded by rising floodwaters, they said on Friday, in a disaster blamed on climate change that has swamped about a third of the south Asian nation and is still growing.

Months after the Solomon Islands struck a security pact with China, its leader has repeatedly appeared to snub the United States, heightening Washington's concern but not deterring it from trying to keep the Pacific nation out of Beijing's orbit.

Factories in Europe's energy-intensive ceramics industry are changing shift patterns and upgrading their furnaces as companies seek to survive an eye-watering rise in costs.

Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.

Finance bosses are offering more incentives, including free meals, ping pong and "contemplative spaces" as they battle to get staff back to the office, while concerns about the cost and value of commuting to work weigh on attendance worldwide.

United Nations experts who crossed into Russian-held territory in Ukraine to assess the safety of Europe's biggest nuclear energy plant are seeking on Friday to assess physical damage to the facility, where both sides warn of possible disaster.

Asian shares struggled for direction on Friday and the dollar stood tall ahead of a key U.S.

Group of Seven finance ministers are expected to firm up plans on Friday to impose a price cap on Russian oil aimed at slashing revenues for Moscow's war in Ukraine but keeping crude flowing to avoid price spikes, G7 officials said.

Credit Suisse, which has been buffeted by a string of scandals, management changes and global strategy rejigs, is still betting big on China and plans to launch a wealth business there next year, a senior Asia executive said.

Federal Reserve officials have acknowledged that the battle against inflation will be paid for with lost jobs, and the U.S.

Britain's prime minister in waiting Liz Truss models herself on Margaret Thatcher, judging by her photo ops echoing famous images of the country's first female premier.

An accelerating decline in bond markets is bringing fresh pain for fixed income investors in a year when global bonds have already lost a fifth of their value.

Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market, which has been stoked by the U.S.

Argentina's Vice President Cristina Fernandez de Kirchner was unharmed on Thursday when a man with a loaded gun tried to shoot her but the gun did not go off, officials said.

Japan's economy likely expanded more than initially estimated in April-June thanks to solid business spending, a Reuters poll showed, but growth prospects in the current quarter and beyond may not be strong.