Canada factory PMI falls in June as firms slash production
By Fergal Smith TORONTO (Reuters) -The downturn in Canada's manufacturing sector deepened in June as U.S. tariffs undercut demand, spurring the sharpest cut to output in five years, data on Wednesday showed. The S&P Global Canada Manufacturing Purchasi...
15m ago
Austria set to deport man to Syria, marking first for EU since Assad's fall
By Amina Ismail and Layli Foroudi BRUSSELS/PARIS (Reuters) -Austria is preparing to deport a Syrian man whose asylum status was revoked due to a criminal conviction, in what an EU official and rights groups say will be Europe's first forced deportation...
16m ago
Wisconsin court says 19th century abortion ban cannot be enforced
By Daniel Wiessner (Reuters) -Wisconsin's top state court on Wednesday said an 1849 state law banning abortion in virtually all cases cannot be enforced, rejecting claims that it was revived after a landmark U.S. Supreme Court ruling three years ago. W...
16m ago
Ukraine struggles to contain Russian summer advances as US aid stalls
By Anastasiia Malenko and Aleksandar Vasovic KYIV (Reuters) -Russia has made incursions near two towns key to army supply routes in eastern Ukraine, a Ukrainian military official said on Wednesday, as Moscow seeks a breakthrough in a summer offensive a...
55m ago
EU to compensate exporting industries for carbon levy
By Kate Abnett BRUSSELS (Reuters) -European industries that sell their goods abroad will receive compensation for the CO2 emissions costs they pay in Europe, the European Commission said on Wednesday, in a bid to avoid firms relocating to dodge Europe'...
55m ago
US rate futures raise easing bets for July, fully prices in September cut
NEW YORK (Reuters) -Futures on the federal funds rate on Wednesday lifted the chances of a rate cut by the July policy meting after a much weaker-than-expected private sector jobs report for June. Data showed private sector jobs unexpectedly fell by 33...
56m ago
UK bonds suffer biggest selloff since October 2022 as worries build over finance minister
LONDON (Reuters) -British government bond prices fell by the most since October 2022 and the pound tumbled on Wednesday, after finance minister Rachel Reeves appeared visibly distressed in parliament, a day after the government sharply scaled back plan...
56m ago
Tesla's quarterly deliveries fall more sharply than analysts' estimates
(Reuters) -Tesla reported a sharper-than-expected fall in second-quarter deliveries on Wednesday, as intense competition and backlash against CEO Elon Musk's political stance hit global demand for its aging electric-vehicle lineup. The electric automak...
57m ago
UK bonds, sterling selloff sharply as worries build over finance minister
LONDON (Reuters) -British government bond prices fell by the most since October 2022 and the pound tumbled on Wednesday, after finance minister Rachel Reeves appeared visibly distressed in parliament, a day after the government sharply scaled back plan...
57m ago
Tech billionaires led by Palmer Luckey to launch new bank to rival SVB, FT reports
(Reuters) -A group of tech billionaires led by Anduril co-founder Palmer Luckey are launching a new crypto-focused U.S. bank to fill the void left by Silicon Valley Bank's collapse, the Financial Times reported on Wednesday, citing people familiar with...
58m ago