Headlines

UK leadership favourite Truss U-turns on pay plan in first big misstep

UK leadership favourite Truss U-turns on pay plan in first big misstep

By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -Britain’s foreign minister Liz Truss, the frontrunner to replace Boris..

Europe’s summer travel chaos

Europe’s summer travel chaos

(Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at maj..

Analysis: U.S. banks face trillion-dollar reverse repo headache

Analysis: U.S. banks face trillion-dollar reverse repo headache

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Res..

‘Living with COVID’: Where the pandemic could go next

‘Living with COVID’: Where the pandemic could go next

By Jennifer Rigby and Julie Steenhuysen LONDON/CHICAGO (Reuters) – As the third winter of the coronavirus pandemic looms in the ..

Gold investors face bind over bars from tarnished Russia

Gold investors face bind over bars from tarnished Russia

By Peter Hobson LONDON (Reuters) – Some investors want Russian gold off their books but it’s not that easy to remove. A de..

U.S. considers crackdown on memory chip makers in China

U.S. considers crackdown on memory chip makers in China

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The United States is considering limiting shipments of American chi..

Russia’s 2022 inflation seen at 13.4%, more rate cuts to come: Reuters poll

Russia’s 2022 inflation seen at 13.4%, more rate cuts to come: Reuters poll

MOSCOW (Reuters) – Analysts have trimmed their year-end inflation forecasts for Russia and see room for the central bank to cont..

Some wounded Russian soldiers find compensation elusive, despite Putin’s pledge – sources

Some wounded Russian soldiers find compensation elusive, despite Putin’s pledge – sources

By Maria Tsvetkova ISTANBUL (Reuters) – A week into Moscow’s war in Ukraine, Russian President Vladimir Putin made a gesture of ..

Dollar pares gains as US growth contracts for second quarter

Dollar pares gains as US growth contracts for second quarter

By Karen Brettell NEW YORK (Reuters) – The dollar pared gains on Thursday after data showed that the U.S. economy contracted aga..

Biden begins fifth call with China’s Xi, looking to tamp down Taiwan tension

Biden begins fifth call with China’s Xi, looking to tamp down Taiwan tension

By Steve Holland and Michael Martina WASHINGTON (Reuters) -U.S. President Joe Biden and China’s Xi Jinping began their fifth cal..