By James Davey LONDON (Reuters) – Unilateral action by Britain to overrule post-Brexit rules agreed with the European Union for trade in Northern Ireland could harm all UK consumers if there was retaliatory action by the EU, Britain’s retail industry w…
EU lawmakers back effective ban on new fossil-fuel cars from 2035
By Kate Abnett BRUSSELS (Reuters) – Lawmakers on the European Parliament’s environment committee on Tuesday backed an EU plan to effectively ban new petrol and diesel car sales from 2035, while voting against proposals for tougher targets to cut car CO…
Bank of England interest rate could hit 4% or more, ex-policymakers warn
By David Milliken LONDON (Reuters) – The Bank of England will probably need to raise interest rates much more sharply than financial markets expect to get soaring inflation under control, former policymakers said on Wednesday. The BoE’s Monetary Policy…
UK strikes new security agreement with Sweden and Finland
HELSINKI (Reuters) -British Prime Minister Boris Johnson on Wednesday said he had agreed new deals with Sweden and Finland to bolster European security, pledging to support both countries’ armed forces should they come under attack. Johnson signed the …
Ukraine pushes Russian forces back, restricts gas flow to Europe
By Pavel Polityuk and Jonathan Landay KYIV/VILKHIVKA, Ukraine (Reuters) -Ukrainian forces reported battlefield gains on Wednesday in a counterattack that could signal a shift in the momentum of the war, while Kyiv shut gas flows on a route through Russ…
Google unveils new 10-shade skin tone scale to test AI for bias
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google on Wednesday unveiled a palette of 10 skin tones that it described as a step forward in making gadgets and apps that better serve people of color. The company said its new Monk Skin Tone …
UK will “of course” offer more cost-of-living help, Johnson says
HELSINKI (Reuters) – British Prime Minister Boris Johnson said on Wednesday his government would “of course” provide more support for people struggling to cope with surging inflation. Johnson, asked by a reporter about the cost of providing military as…
Dreyfus sees larger Brazil shift to ethanol, warns of sugar shortage
By Marcelo Teixeira NEW YORK (Reuters) -Global commodities trader Louis Dreyfus projected on Wednesday that Brazilian mills will divert a larger-than-expected amount of sugarcane to ethanol production due to high energy prices, causing a reduction in g…
Equinor AGM rejects activist calls for emission cuts
By Nerijus Adomaitis OSLO (Reuters) -Equinor shareholders approved the oil and gas company’s energy transition plan on Wednesday while rejecting proposals from campaigners to strengthen climate ambitions by also setting targets for tougher emission cut…
Sri Lankan president to appoint new PM, cabinet this week
By Uditha Jayasinghe and Alasdair Pal COLOMBO/WEERAKETIYA, Sri Lanka (Reuters) – Sri Lankan President Gotabaya Rajapaksa said on Wednesday he would appoint a new prime minister and cabinet this week, after his elder brother and former premier Mahinda R…