Reuters News Service

Britain is becoming a more closed economy due to Brexit, with damaging long-term implications for productivity and wages which will leave the average worker 470 pounds ($577) a year poorer by the ...

Soaring food prices pushed British consumer price inflation to a new 40-year high last month of 9.1 per cent, the highest rate out of the Group of Seven countries and underlining ...

Saudi Crown Prince Mohammed bin Salman visits Turkey for the first time in years on Wednesday for talks with President Tayyip Erdogan aimed at fully normalising ties that were ruptured ...

The U.S. Senate took an initial step towards passing the country’s first major gun-control legislation in decades , galvanized by two mass shootings in a nation that has long ...

Big Macs and McFlurrys may be off the menu at McDonald’s successor restaurants in Russia, but the new firm has ambitious growth targets after it sold almost 120,000 burgers, a ...

Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. The BIS, the global umbrella body ...

President Joe Biden’s pointed criticism of oil and gas companies for earning massive profits as families suffer from high gasoline prices challenges a pillar of American capitalism: that U....

Russia warned Lithuania on Tuesday that it would face measures of a “serious negative impact” for blocking some shipments by rail to Moscow’s Baltic Sea enclave of Kaliningrad, in ...

Protesters demonstrated in Istanbul on Tuesday against a media bill that Turkey’s government says will fight “disinformation”, but which media rights groups argue will double down on a years-long ...

Russian forces have captured several settlements near the embattled cities of Lysychansk and Sievierodonetsk in the Luhansk region, the regional governor and Ukraine’s general staff said on Tuesday. Luhansk ...

Two provinces in south China upgraded flood warnings on Tuesday as rivers overflowed their banks and waters reached record levels, forcing people from their homes and disrupting work after weeks ...

Elon Musk’s transgender daughter has filed a request to change her name in accordance with her new gender identity and because “I no longer live with or wish to ...

The Bank of England should raise rates faster than it has so far because the sterling’s weakness is adding to Britain’s inflation pressures, interest-rate setter Catherine Mann said ...

Germany faces certain recession if already faltering Russian gas supplies stop completely, an industry body warned on Tuesday, as Italy said it would consider offering financial backing to help companies ...

A top ally of President Vladimir Putin told Lithuania on Tuesday that Moscow would respond to its ban on the transit of goods sanctioned by the EU to Russia’s ...

When television reporters Tikhon Dzyadko and Ekaterina Kotrikadze left Russia with other colleagues in March, they left the country without one of its few major non-government media outlets. The pair, ...

French President Emmanuel Macron refused to accept his prime minister’s resignation and met with opposition leaders on Tuesday as he sought a way out of a political predicament after ...

Turkey’s government has submitted a proposal to parliament for a supplementary budget of some 1 trillion lira ($57.74 billion) to cover rising costs of tackling a currency slide, soaring energy prices ...

Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties on the repayment of some ...

Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come. The disruption to world trade caused by ...

For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “...

The United Arab Emirates will build a new Red Sea port in Sudan as part of a $6 billion investment package, DAL group chairman Osama Daoud Abdellatif, a partner in the ...

The Kremlin said on Tuesday it did not know the location of two Americans captured while fighting in eastern Ukraine, but that they were mercenaries and could be sentenced to ...

European Union leaders are set to keep pressure high on Russia at a summit this week when they will underline that work continues on sanctions, according to a draft document, ...