(Reuters) – Russian troops are coming closer to the strategically important eastern town of Bakhmut, having advanced up to 2 km (1.24 miles)towards the town over the last week, a British intelligence update said on Monday. “Russia continues to give hig…
Analysis-Europe Inc’s wage hikes alarm investors as worries about recession grow
By Joice Alves and Josephine Mason LONDON (Reuters) – Plans by European companies to hike wages and pay one-off bonuses to help staff cope with a torrid winter are raising alarm among investors concerned that the extra cost could hurt profits and under…
Taiwan says war with China ‘absolutely’ not an option, but bolstering defences
By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -War between Taiwan and China is “absolutely not an option”, Taiwan President Tsai Ing-wen said on Monday, as she reiterated her willingness to talk to Beijing and also pledged to boost the island’s defen…
Analysis-How China’s Xi accumulated power, and why it matters in a third term
By Yew Lun Tian BEIJING (Reuters) – One of Xi Jinping’s first moves after winning China’s top job as general secretary of the Communist Party in 2012 was to reinstate regular “democratic life sessions” with fellow leaders in the 25-member Politburo, a …
U.S. dollar advances as investors look to inflation data this week
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose for a fourth straight session on Monday as investors looked to inflation data later this week that is likely to show that price pressures remain elevated in the world’s largest econom…
Companies lack targets for employee mental health, study shows
By Juliette Portala (Reuters) – Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite “clear evidence” that such targets can save…
Stocks fall, dollar rises with economic data, rates in focus
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – The MSCI global index of stocks lost ground in a volatile session on Monday while the dollar gained slightly as investors braced for high inflation data and the start of corporate earnings s…
Americans Griner, Whelan may gain release from Russia by year-end, ex-U.S. diplomat says
By Tyler Clifford NEW YORK (Reuters) – WNBA star Brittney Griner and former U.S. Marine Paul Whelan, who are being held in Russia, could gain release by the end of this year, said former U.S. ambassador to the United Nations Bill Richardson, who travel…
German voters deliver mixed verdict on Scholz coalition in regional poll
By Sarah Marsh BERLIN (Reuters) -A regional election in Lower Saxony delivered mixed fortunes for German Chancellor Olaf Scholz’s national ruling coalition on Sunday, with his Social Democrats scoring a clear win but the Free Democrats barely on track …
Scholz, Biden agree Kremlin’s nuclear threats ‘irresponsible’ in phonecall
BERLIN (Reuters) – German Chancellor Olaf Scholz and U.S. President Joe Biden spoke by phone on Sunday and agreed the Kremlin’s latest nuclear threats were “irresponsible” and its partial mobilization “a serious mistake”, according to a German governme…