By George Obulutsa and Ayenat Mersie NAIROBI (Reuters) -William Ruto was sworn in as Kenya’s fifth president on Tuesday, a week after the Supreme Court rejected a challenge by his defeated opponent in a close-fought election he won by portraying himsel…
Oil dips nearly 1%, reversing gains after bearish U.S. economic data
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices ended nearly 1% lower on Tuesday, reversing earlier gains as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal Reserve to deliver another hefty interest rate increase …
German coalition divided over Chinese bid for Hamburg port terminal
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Germany’s ruling coalition is divided over whether to let China’s Cosco take a stake in a Hamburg port terminal, government sources say, even as Beijing urges Berlin not to politicize the bid and the …
Polish PM flags higher minimum wage increases in 2023
WARSAW (Reuters) – Poland will raise the minimum wage twice next year and by more than previously planned, Prime Minister Mateusz Morawiecki said on Tuesday, as Poland’s ruling party prepares for parliamentary elections in 2023 amidst an ongoing cost o…
Queen’s coffin arrives at Buckingham Palace as huge crowds line London route
By Angus MacSwan and Padraic Halpin LONDON/BELFAST (Reuters) – King Charles and members of the royal family received the coffin of the late Queen Elizabeth at Buckingham Palace on Tuesday, after tens of thousands of people lined the streets in heavy ra…
Air strike hits capital of Ethiopia’s Tigray region – hospital official
NAIROBI (Reuters) -An air strike hit Mekelle, the capital of Ethiopia’s northern Tigray region, on Tuesday, wounding at least one person, a local hospital official said. The air strike happened two days after Tigray’s regional government said it was re…
Tonic maker Fevertree’s half-year profit dips on cost pressures
(Reuters) -Tonic maker Fevertree reported a fall in profit for the first half of the year despite strong demand in Europe and the U.S., as inflationary pressures and continued exposure to Trans-Atlantic freight costs bit into earnings. The London-based…
UK jobless rate hits 48-year low as people quit labour market
By William Schomberg LONDON (Reuters) – Britain’s unemployment rate fell to its lowest since 1974 at 3.6% in the three months to July as more people left the labour market, according to official data on Tuesday that could add to the inflation headache …
Australia open to replacing queen’s image on banknotes with local figures
SYDNEY (Reuters) – The Australian government said on Tuesday that the image of King Charles III would not automatically replace Queen Elizabeth II’s on A$5 notes, and it may be replaced by Australian figures. While coins are mandated to carry the image…
Most Twitter shareholders vote in favor of sale to Musk-sources
By Svea Herbst-Bayliss (Reuters) – A majority of Twitter Inc’s shareholders have voted in favor of the social media company’s $44 billion sale to Elon Musk, people familiar with the tally said on Monday. The deadline for the shareholder vote on the dea…