LONDON (Reuters) – Britain’s new Prime Minister Rishi Sunak on Tuesday appointed key ministers to his government after replacing Liz Truss as leader earlier in the day. Below are the main cabinet and ministerial appointments: POSITION MINISTER APPOINTE…
Poland mulls barrier on Kaliningrad border, says top official
WARSAW (Reuters) -Poland may have to build a barrier on its border with the Russian exclave of Kaliningrad, a top Polish official said on Tuesday, as Warsaw suspects Russia plans to help African and Asian migrants cross over in the coming week. Poland …
Pound shrugs off economic gloom to hit six-week high as Sunak becomes PM
By Amanda Cooper LONDON (Reuters) -The pound hit its highest since mid-September on Tuesday, as investor gloom over Britain’s economic outlook was temporarily offset by a glimmer of optimism over Rishi Sunak taking over as prime minister. The 42-year-o…
Analysis-Britain’s finance bosses hope Sunak steadies ship after market chaos
By Iain Withers, Lawrence White and Huw Jones LONDON (Reuters) -After seven weeks in which Britain’s reputation for financial credibility has been rocked by political missteps, senior finance executives have given new prime minister Rishi Sunak a cauti…
Israel grants Energean permission to start production at offshore Karish gas field
JERUSALEM (Reuters) -Israel granted Energean permission to start production at the offshore Karish gas field on Tuesday, an Energy Ministry statement said. Energean has said its floating production storage and offloading vessel is due to start producti…
U.S. basketball star Griner’s 9-year drug sentence upheld in Russia
KRASNOGORSK, Russia (Reuters) -A Russian court on Tuesday dismissed U.S. WNBA basketball star Brittney Griner’s appeal against a nine-year sentence for possessing and smuggling vape cartridges containing cannabis oil, paving the way for her to be sent …
U.S. basketball star Brittney Griner’s appeal rejected by Russian court
KRASNOGORSK, Russia (Reuters) – A Russian court on Tuesday rejected an appeal by U.S. basketball star Brittney Griner against her nine-year prison sentence for possession and smuggling of drugs. The two-time Olympic gold medallist was arrested on Feb. …
Global shares rise, as Sterling rallies and dollar retreats
By Chris Prentice and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -Wall Street continued its advance on Tuesday as weak data stoked hopes the Federal Reserve will slow its aggressive pace of interest rate hikes and European shares notched a second d…
Premier Inn owner Whitbread warns of higher costs after returning to profit
(Reuters) -Premier Inn owner Whitbread said on Tuesday that surging costs for labour, utilities and food would eat into margins in the second half, sending its shares down more than 3% despite reporting better-than-expected first-half results. The hote…
Russia, Ukraine to fight ‘heaviest of battles’ in Kherson -Kyiv official
By Jonathan Landay NEAR KHERSON FRONTLINE, Ukraine (Reuters) -A senior Ukrainian official predicted “the heaviest of battles” to come for the partially Russian occupied strategic southern province of Kherson and said Moscow’s military is digging in to …