By Jamie Freed (Reuters) -As the clock runs down to Monday’s sanctions deadline for Russian airlines to hand back more than 400 leased planes worth almost $10 billion, foreign lessors are fast losing hope that they will get their aircraft back. Most of…
Analysis-With largest test yet, N.Korea’s ICBM programme hits new heights
By Josh Smith SEOUL (Reuters) – North Korea’s resumption of long-range missile tests – including a flight of its largest-ever weapon – puts it closer than ever to having a reliable way of delivering multiple nuclear warheads anywhere in the United Stat…
N.Korea says new ICBM will curb ‘dangerous’ U.S.; Washington seeks new sanctions
By Josh Smith and Michelle Nichols SEOUL/UNITED NATIONS (Reuters) -North Korea said on Friday its launch of a big new intercontinental ballistic missile this week was designed to demonstrate the might of its nuclear force and deter any U.S. military mo…
Dollar edges up, on track for third straight day of gains
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar edged higher against a basket of major currencies on Friday, putting it on track for a third straight day of gains, as crude prices reversed earlier weakness and added to pressure for the Federal Res…
Banks undermine their ‘net zero’ pledges through lobbying – report
LONDON (Reuters) – Thirty of the world’s largest financial institutions are undermining their commitment to cutting carbon emissions by lobbying against climate regulation and by funding new fossil fuel projects, according to a report published on Frid…
UK consumer confidence slides as inflation and war worries mount – GfK
LONDON (Reuters) – British consumer confidence sank to levels last seen in late 2020 this month due to worries about galloping inflation, higher interest rates and the war in Ukraine, a survey showed on Friday. The GfK Consumer Confidence Index fell fo…
Britain’s Morrisons joins forces with Gopuff for rapid delivery
LONDON (Reuters) – British supermarket group Morrisons has teamed up with rapid delivery firm Gopuff to provide its groceries to shoppers’ homes in as little as 15-20 minutes, the companies said on Friday. They said the multi-year partnership will allo…
U.S tech giants face tough new rules as EU countries, lawmakers clinch deal
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google, Amazon, Apple, Meta and Microsoft may have to change their core business practices in Europe as EU countries and EU lawmakers on Thursday clinched a deal on landmark rules to curb their powers. Fra…
Factbox-Swapping electric car batteries since the Gilded Age
By Paul Lienert and Nick Carey (Reuters) – Battery swapping – replacing a depleted battery with a freshly charged one – is not new: The first experiments with exchanging batteries in electric cars date to America’s Gilded Age in the late 1890s, accordi…
Exclusive-U.S. assesses up to 60% failure rate for some Russian missiles, officials say
By Phil Stewart WASHINGTON (Reuters) -The United States assesses that Russia is suffering failure rates as high as 60% for some of the precision-guided missiles it is using to attack Ukraine, three U.S. officials with knowledge of the intelligence told…