Storm Fiona hammers Canada’s east coast, forcing evacuations

HALIFAX, Nova Scotia, Sept 24 (Reuters) – Powerful storm Fiona slammed into eastern Canada on Saturday with hurricane-force winds, forcing evacuations, blowing over trees and powerlines, and leaving hundreds of thousands of homes and businesses without electricity. The US National Hurricane Center (NHC) said the center of the storm, downgraded to Post-Tropical Cyclone Fiona, was … Read more

Blinken tells China’s Wang peace in Taiwan Strait is vital

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – US Secretary of State Antony Blinken told his Chinese counterpart on Friday that the maintenance of peace and stability over Taiwan was vitally important, as the two met with tensions high over the Chinese-claimed island. Taiwan was the focus of … Read more

Britain bets all on historic tax cuts and borrowing, investors take fright

Register now for FREE unlimited access to Reuters.com Register Kwarteng cuts top rate of income tax in dash for growth Huge increase in UK government debt issuance planned Gilts suffer biggest slump in decades Pound falls to new 37-year low against dollar LONDON, Sept 23 (Reuters) – Britain’s new finance minister Kwasi Kwarteng unleashed historic … Read more

Central banks raise rates again as Fed drives global inflation fight

Rates raised from Britain to Indonesia after Fed moved Investors price in bigger hikes from ECB Japan steps in as yen plummets Emerging market currencies under pressure FRANKFURT/WASHINGTON, Sept 22 (Reuters) – Global central banks continued raising interest rates on Thursday, following the US Federal Reserve in a fight against inflation that is sending shockwaves … Read more

Japan intervenes to stop yen slide, after BOJ holds rates super low

BOJ keeps ultra-low rates, dovish policy guidance Japan’s FX diplomat said took ‘decisive’ action Confirmation of intervention sends dollar sliding over 2% Analysts doubt whether Tokyo can keep propping up yen Bank of Canada says did not help BOJ TOKYO, Sept 22 (Reuters) – Japan intervened in the foreign exchange market on Thursday to buy … Read more

Russian draft triggers exodus by some men as air fares jump

Air tickets from Moscow sell out Heavier traffic at Russia’s land borders ‘Panic demand’ for air tickets – source TBILISI/VAALIMAA, Finland, Sept 22 (Reuters) – Some Russian men headed swiftly to the borders on Thursday after President Vladimir Putin ordered a partial mobilization, with traffic at border crossings with Finland and Georgia surging and prices … Read more

Ban on gas fracking in England lifted in push for energy independence

Register now for FREE unlimited access to Reuters.com Register Britain pushing to increase domestic energy supply Moratorium has been in place since 2019 More research needed to assess the risk of tremors BGS survey says challenges remain on predicting impact LONDON, Sept 22 (Reuters) – Britain on Thursday formally lifted a moratorium on fracking for … Read more

Iran’s Revolutionary Guards issue warning as protests over woman’s death spread

Register now for FREE unlimited access to Reuters.com Register Revolutionary Guards issue warning over unrest Reports of security forces coming under attack Kurdish woman did after detention by morality police Iranian government has pledged inquiry into her death DUBAI, Sept 22 (Reuters) – Iran’s powerful Revolutionary Guards called on the Islamic Republic’s judiciary on Thursday … Read more

Iran death toll grows as protests intensify

Register now for FREE unlimited access to Reuters.com Register Member of security forces among those killed Unrest has swept Iran since the young woman died in custody Social media video shows fresh protest at Tehran University DUBAI, Sept 21 (Reuters) – Iranian authorities said three people including a member of the security forces had been … Read more

UK eases pressure on business by halving energy bills this winter

Sheep graze beneath a row of electricity pylons near Ellesmere Port, Britain, October 11, 2021. REUTERS/Phil Noble/ Register now for FREE unlimited access to Reuters.com Register Wholesale electricity, gas bills to be capped from October Level will be less than half current market prices Government says deal will prevent companies from collapsing LONDON, Sept 21 … Read more