Truss forced to change taxes after week of market turmoil

Truss defended the policy, and markets were concerned about the cost Kwarteng now says it was a distraction A bend made with ‘humility and remorse’ – Kwarteng The reduction in the highest tax rate was a small part of the overall plan Lawmakers have expressed concern about the government’s ruling BIRMINGHAM, England (Reuters) – British … Read more

Indonesian authorities say 125 people have died in a stampede at a soccer stadium

More than 320 injured in a massive stampede The Indonesian Football Association suspends the league for investigation Police say they fired tear gas to control the crowd MALANG, Indonesia (Reuters) – At least 125 people were killed and more than 320 injured in a stampede at a soccer stadium in Indonesia, authorities said on Sunday, … Read more

Exclusive: Europe braces for mobile network outage

PARIS / STOCKHOLM / MILAN (Reuters) – Cell phones would be unimaginable in Europe this winter if blackouts or power rationing disrupted parts of mobile phone networks across the region. Russia’s decision to halt gas supplies through Europe’s main supply route in the wake of the conflict in Ukraine has increased the chances of an … Read more

Exclusive Twitter brands post ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaign or removed their ads from parts of Twitter because their promotional ads appeared alongside tweets urging child pornography, the companies told Reuters. Brands ranging from The Walt Disney Company (DIS.N)NBCUniversal (CMCSA.O) The Coca-Cola Company (KO.N) Children’s … Read more

The European Union pledges to protect energy systems after “sabotage” in Russian gas pipelines

An EU diplomat believes the sabotage likely caused the leaks The Danish defense minister is concerned about the security of the Baltic Sea The Danish Minister of Defense met with the President of NATO in Brussels BERLIN/COPENHAGEN (Reuters) – Any deliberate disruption of the European Union’s energy networks will face a “strong and united response” … Read more

Morning show: Eye of the Storm

Register now to get free unlimited access to Reuters.com Register A look at the day ahead in the US and global markets from Mike Dolan. With Hurricane Ian erupting with its sights set on Cuba and Florida, a global financial storm in the bond and currency markets has subsided moderately – although likely only temporarily. … Read more

Italy’s election winners target an era of political stability

Register now to get free unlimited access to Reuters.com Register The right-wing bloc will have a clear majority in both houses Meloni will be the country’s first female prime minister The leader of the association says the government will be stable The government is not expected to be sworn in for a few weeks Record … Read more

Russian conscription pushed some men into mass exodus as airline ticket prices soar

Air tickets from Moscow are sold out Traffic jam at the land border of Russia ‘Panic order’ for airline tickets – Source TBILISI/VALEMA, Finland (Reuters) – Some Russian men rushed to the border on Thursday after President Vladimir Putin ordered a partial mobilization as traffic surged at border crossings with Finland and Georgia and airfares … Read more

In an apparent criticism of the Russian patriarch, the pope said that God does not support war

Register now to get free unlimited access to Reuters.com Register NUR-SULTAN (Reuters) – Pope Francis said on Wednesday that God does not direct religions to war, in an implicit criticism of Russian Orthodox Patriarch Kirill, who supports the invasion of Ukraine, and boycotted a conference of religious leaders. On his second day in Kazakhstan, Francis … Read more

Morning Giving: Turning the Tides | Reuters

A trader works at the New York Stock Exchange (NYSE) in New York City, US, September 9, 2022. REUTERS/Brendan McDermid Register now to get free unlimited access to Reuters.com Register A look at the day ahead in the US and global markets from Mike Dolan. Turning tides in this year’s dual political and economic shocks … Read more