India's August Wholesale Inflation Eases As Commodity Prices Fall
India's wholesale price inflation slowed in August helped by a fall in commodity prices, but double-digit price gains for the 17th month raise the chance for more rate hikes this month.
Trump Ally's Trial To Test Century-old U.S. Law On What Makes Someone A 'Foreign Agent'
Tom Barrack, the investor and onetime fundraiser for former U.S.
Armenia-Azerbaijan Fighting Flares Again After Deadly Exchanges
New clashes erupted between Azerbaijan and Armenia on Wednesday as international peace efforts intensified a day after nearly 100 soldiers were killed in the worst fighting between the ex-Soviet republics since 2020.
Bummer Of A Summer For A Fed Still Hung Up On Inflation
Federal Reserve officials adjourned their July 26-27 policy meeting with an unusually long eight-week break before their next gathering, sending a heavier-than-normal amount of U.S.
Factbox-These U.S. Election Deniers Want To Run The 2024 Elections In Battleground States
Republicans who back former President Donald Trump's false claim the 2020 election was stolen have become their party's nominees for secretary of state in battleground states where they can play a decisive role in choosing a U.S.
Ad In Pennsylvania Governor's Race Shows Republican In Confederate Uniform
Pennsylvania Democratic gubernatorial candidate Josh Shapiro on Wednesday plans to debut a new online ad aimed at Black voters that features his Republican rival posing in a Confederate military uniform, the campaign told Reuters.
Moderates Fleeing U.S. House, Setting Stage For More Washington Gridlock
Moderate members of the U.S. House of Representatives are leaving office at twice the rate of their more partisan peers this year, a Reuters analysis found, likely deepening Washington gridlock during President Joe Biden's next two years in office.
Google's Long Battle With EU Antitrust Regulators
Google suffered one of its biggest setbacks on Wednesday after Europe's second-top court upheld an EU antitrust decision against the Alphabet company for using its Android mobile operating system to thwart rivals.
Russian Funding Claims Spice Up Italian Election
U.S. claims that Russia has given at least $300 million to political parties in more than two dozen countries sent a jolt through Italy's election campaign on Wednesday, with right-wing leaders denying they had received clandestine cash.
Kenya's Women Leaders Look To New President To Keep His Promises
Kenyan President William Ruto, who was sworn into office on Tuesday, is taking power at a time when the country has the largest number of elected female representatives in history - and they want him to keep his promise of getting more women into politics.
U.S. To Move $3.5 Billion In Afghan Central Bank Assets To Swiss-based Trust
The United States on Wednesday announced that it would transfer $3.5 billion in Afghan central bank assets into a new Swiss-based trust fund that will be shielded from the Taliban and used to help stabilize Afghanistan's collapsed economy.
Biden To Promote Shift To EVs In Visit To Detroit Auto Show
President Joe Biden plans to take a victory lap on Wednesday at the Detroit auto show, highlighting automakers' increasing shift to electric vehicles and billions of dollars in new investments in battery plants.
Analysis-Why The Dollar's Wrecking-ball Rally Is Not Done Yet
A rally that has the dollar on course for its best year since 1984 has further to run, traders and analysts say, suggesting more pain almost everywhere else as other currencies either crumble or require rapid rate hikes to stay put.
'Humour Over Rumour': Taiwan Eyes Ukraine Messaging Model If China Attacks
Taiwan is looking at Ukraine's ways of communicating its message to the outside world at a time of conflict, by making use of tools such as satellites and deploying humour, the digital minister said on Wednesday.
EU Says Solidarity With Ukraine 'Unshakeable', Lays Out Energy Spike Solutions
The European Commission unveiled on Wednesday a series of proposals to curb the energy price spike that has hit Europe in the wake of Russia's invasion of Ukraine
UK Inflation Falls For First Time In Nearly A Year
Lower fuel prices caused an unexpected fall in British inflation in August, official figures showed on Wednesday, offering some respite to households and the Bank of England after inflation hit a 40-year high the month before.
Analysis-China Poised To Shake Up Economic Leadership As Reformers Bow Out
China's ruling Communist Party sets the stage next month for the biggest overhaul of its economic leadership in a decade, with a generation of reform-minded policymakers expected to step down amid worsening growth prospects.
Exclusive-Goodyear Settles Labour Abuse Claims With Workers At Malaysian Factory
Goodyear Tire & Rubber Co has reached an agreement to settle a labour dispute at its Malaysian factory with migrant workers who alleged unpaid wages and benefits, the company and five former workers told Reuters.
God Does Not Back War, Pope Says In Apparent Criticism Of Russian Patriarch
Pope Francis said on Wednesday that God does not guide religions towards war, an implicit criticism of Russian Orthodox Patriarch Kirill, who backs the invasion of Ukraine and has boycotted a conference of faith leaders.
Exclusive-How Norway's Equinor Exited Russia: Move Fast, Sell Cheap
Norway's Equinor became the first Western oil major to fully exit Russia this month, avoiding the high-profile clashes with Moscow experienced by some rivals - but it also paid a price.
EU Court's Wed Ruling On Record $4.4 Billion Google Fine May Set Precedent
A ruling on Wednesday by Europe's General Court on whether Alphabet's Google should face a record EU antitrust fine of 4.34 billion euro ($4.4 billion) for using its Android mobile operating system to quash rivals could set a precedent for other regulators looking into its business practices.
'Queen's Counsel' No More, 'King's Counsel' Return To UK Courts After 70 Years
The former Prince Charles is not the only one getting used to having "King" in his title all of a sudden.
More Canadians See Monarchy As 'Outdated' But Political Risks Block Change
A growing number of Canadians do not want a foreign monarch to represent them despite deep historical ties to Britain and affection for the queen, but risks that come with constitutional reform mean there is little political will for change.
Japan's Finance Minister Says FX Intervention Among Options To Combat Yen Falls
Japanese Finance Minister Shunichi Suzuki said on Wednesday currency intervention was among options the government would consider in combating sharp falls in the yen, which meanwhile fell close to a 24-year low against the dollar.
Dollar Pushes Towards Fresh 24-year Peak Versus Yen After U.S. CPI Shock
The dollar climbed close to a 24-year peak against the yen on Wednesday amid a jump in U.S.
EU To Propose Crisis Measures To Curb Energy Price Spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc, in a package designed to shield citizens and businesses from surging energy prices.
China Reaps Energy Windfall As West Shuns Russian Supplies
China is buying more and less expensive energy supplies from Russia this year, reaping the benefits of a plunge in European purchases just when Beijing needs it most as the Ukraine crisis pushes Moscow in search of alternative markets.
Rio Tinto, China Baowu To Develop Australian Iron Ore Project For $2 Billion
Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.
Japan's Machinery Orders Post Surprise Gains In July
Japan's core machinery orders extended gains in July, raising hopes business growth spending may offset near-term headwinds from a global economic slowdown and a weaker yen, which has pushed up costs at home.
Oil Prices Creep Higher On Robust Global Demand Outlook
Oil prices inched higher in early trade on Monday as OPEC stuck to forecasts for robust global fuel demand growth, offsetting concerns of another U.S.