Reuters

For the first time in Italian history, 18-24-year-olds will enjoy full voting rights at the Sept.

The cost of renting a home in the United States is surging and young workers have felt the sharpest pain, many of them taking on additional jobs or roommates to afford housing costs.

Asia macro hedge fund managers, many of whom posted strong returns this year, are betting the Japanese yen's unrelenting slide will end soon and some are even priming for a possible tumble in Japanese government bonds.

Airbus is quietly relaxing pressure on suppliers to commit to a sharp output hike to 75 narrow-body jets a month by mid-decade, amid growing doubts over the ability of battered supply chains to meet the deadline, industry sources said.

Investor confidence in British assets sits on the edge of a precipice as new finance minister Kwasi Kwarteng readies his first fiscal update, a Reuters poll of bond strategists and economists showed on Tuesday.

Labour shortages and supply chain snarls are making it harder for airlines and lessors to return airplanes grounded during the pandemic to the skies as quickly as they would like, operators and maintenance providers say.

Germany nationalised Uniper on Wednesday after an earlier multi-billion euro bailout failed to keep the gas importer afloat and President Vladimir Putin sent oil prices higher by announcing a partial Russian military mobilisation.

Britain's budget deficit was bigger than expected in August, a reminder of the difficult financial backdrop for new finance minister Kwasi Kwarteng as he readies his first "mini-budget" fiscal update to parliament.

European shares traded in a narrow range on Wednesday as investors digested Russia's first mobilisation since World War Two while they waited for the U.S.

Alexander Glushko says he spent the last fortnight of the Russian occupation of his hometown of Izium in northeast Ukraine jailed by Russian soldiers in the dank ruins of a police station where he was tortured with electric wires.

Germany confirmed the nationalisation of struggling gas importer Uniper at a cost of 8 billion euros ($7.9 billion) on Wednesday as it scrambles to secure power for Europe's largest economy after Russia cut back supplies.

A quadrillion yen is lying idle with Japanese households, ready to be shipped overseas when yields abroad turn more attractive, and that moment could arrive as soon as this week.

Seyda Bal, who works at a bank in Istanbul, is so anxious about the rising price of groceries that she's lapsed into a pandemic-era habit: hoarding packaged goods like coffee and toilet paper.

With prices falling like a stone as central bank tightening goes into overdrive, buying bonds may appear confused - but perhaps that very confusion is good enough reason in itself.

On May 11, Scott Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part of a $270 million loan.

The Federal Reserve is expected on Wednesday to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation.

Expectations of more Federal Reserve tightening and economic worries are weighing on a rebound in consumer discretionary stocks, though some investors believe the sector will outperform other areas of the market if growth begins to wobble in coming months.

The death of Britain's Queen Elizabeth has collectors scrambling to secure rare coins and bills bearing her likeness, even as her portrait is set to remain in circulation for years to come on money throughout the Commonwealth.

After pleading with world leaders at the United Nations to protect the education and rights of women in Afghanistan a year after the Taliban took over, Somaya Faruqi, former captain of the Afghan girls robotics team, broke down in tears backstage.

Maroil Trading, owned by shipping tycoon Wilmer Ruperti, has taken over sales of almost all Venezuela's exports of petroleum coke, a move that could reduce sanctions risks for clients, according to documents and four sources close to the decision.

Japan will not intervene to stem the yen's decline, said just over half of economists polled by Reuters, though a fifth said weakening beyond 150 per U.S.

The Bank of Japan's dovish deputy governor Masayoshi Amamiya ranked top among candidates to become the bank's next head in a Reuters poll of economists, a sign he remains the market's favourite to succeed incumbent Governor Haruhiko Kuroda.

India's government is in no hurry to push inflation - now hovering near 7% and eight-year highs - back to the central bank's 4% medium-term target, for fear that aggressive rate hikes could hurt economic growth, two sources with direct knowledge of the matter said.

Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve later in the day.

A man set himself on fire near the Japanese prime minister's office on Wednesday in an apparent protest at the government's decision to hold a state funeral for former premier Shinzo Abe, who was assassinated earlier this year, media reported.

Oil prices slid on Wednesday, extending the previous day's losses, as investors braced for another aggressive interest rate hike from the U.S.

A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor.

Europe's problems in sourcing oil and gas this winter after a dispute with Russia may be exacerbated by a new crisis in the market where prices are already red-hot: a liquidity crunch that could send them spiralling higher still.

The world is at a "positive tipping point" in the fight against climate change as surging oil and gas costs spur governments to decarbonise faster, former U.S.