By Sabine Siebold and Sarah Marsh MUENSTER, Germany (Reuters) -Group of Seven foreign ministers gathered on Thursday to weigh how to support Ukraine through the winter in the face of Russian attacks on its power grid as well as deal with China’s growin…
Bank of England raises rates by most since 1989 even as long recession looms
By David Milliken and Andy Bruce LONDON (Reuters) – The Bank of England raised interest rates by the most since 1989 on Thursday but warned investors that the risk of Britain’s longest recession in at least a century means borrowing costs are likely to…
U.S. holiday sales to slow as inflation tests consumer resilience -report
(Reuters) – U.S. holiday sales are expected to rise at a slower pace this year, a trade group said on Thursday, at a time when decades-high inflation has left Americans struggling to pay bills, draining some of the Christmas cheer from households. The …
Ousted Pakistan PM Imran Khan shot in shin in what aides call assassination attempt
By Gibran Naiyyar Peshimam, Asif Shahzad and Mubasher Bukhari LAHORE (Reuters) -Former Pakistan Prime Minister Imran Khan was shot in the shin on Thursday when his anti-government protest convoy came under attack in the east of the country in what his …
Cleric killed in restive Iranian city, protests rage on
DUBAI (Reuters) -A cleric at a Shi’ite Muslim mosque in the restive, mostly Sunni Muslim Iranian city of Zahedan has been shot dead, the official news agency IRNA said, threatening a spike in sectarian tensions complicating government efforts to contai…
Agency powers under threat in U.S. Supreme Court FTC and SEC cases
By Diane Bartz WASHINGTON (Reuters) – Two cases that give the U.S. Supreme Court’s conservative majority another opportunity to restrain the power of federal agencies go before the justices next week in disputes involving the Federal Trade Commission a…
Brittney Griner faces bleak life in Russian penal colony
By Mark Trevelyan, Filipp Lebedev and Simon Lewis LONDON, (Reuters) – Tedious manual work, poor hygiene and lack of access to medical care – such are the conditions awaiting U.S. basketball star Brittney Griner in a Russian penal colony after she lost …
Grief-stricken and angry South Korean parents bid final goodbyes to Halloween disaster victims
By Ju-min Park, Heekyong Yang and Jihoon Lee SEOUL (Reuters) -“Dad, I’m going out” were the last words Jung Hae-moon heard his daughter utter, at the end of a chat they had on the telephone on Saturday as she turned down an invitation to dinner. Hours …
China Evergrande chairman’s Hong Kong mansion seized by bank
HONG KONG (Reuters) -A mansion belonging to embattled China Evergrande Group’s chairman in Hong Kong’s prestigious The Peak residential enclave has been seized by lender China Construction Bank (Asia), records from the Land Registry show. The bank appo…
China Evergrande chairman’s Hong Kong mansion seized by bank
HONG KONG (Reuters) -A mansion belonging to embattled China Evergrande Group’s chairman in Hong Kong’s prestigious The Peak residential enclave has been seized by lender China Construction Bank (Asia), records from the Land Registry show. The bank appo…