By Renju Jose SYDNEY (Reuters) -Australia’s Labor Party leader, Anthony Albanese, was sworn in as the country’s 31st prime minister on Monday, promising to bring the country together after a fractious election campaign as he vowed to tackle climate cha…
Stocks rally as euro gains on likely rate hikes
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -U.S. and European stocks rallied on Monday, with the S&P 500 staying clear of a bear market, while the euro leapt after the European Central Bank said it was likely to lift its deposit rate out …
Ukraine, Poland agree on joint customs control to ease movement of people, goods
By Maria Starkova (Reuters) – Ukraine and Poland agreed on Sunday to establish a joint border customs control and work on a shared railway company to ease the movement of people and increase Ukraine’s export potential. Ukrainian President Volodymyr Zel…
U.N. Human Rights chief due to arrive in China for historic visit
By Yew Lun Tian and Emma Farge BEIJING/GENEVA (Reuters) – The United Nations High Commissioner for Human Rights Michelle Bachelet begins a visit to China on Monday, the first trip by a holder of the office since 2005 amid concerns that it could lead to…
More than 100 million people forcibly displaced in the world – U.N.
GENEVA (Reuters) – More than 100 million people have been driven from their homes around the world, the U.N. refugee agency (UNHCR) said on Monday, citing new data about those escaping violence, conflict, persecution and human rights violations. The wa…
Drugmakers propose swift pandemic response benefiting poorer countries
FRANKFURT (Reuters) – Global drugmakers are lobbying for wealthy nations to fund a supply mechanism that would secure vaccines for low-income countries without delay in case of a new pandemic, but said the proposal was contingent on free cross-border t…
New Zealand PM Ardern to visit U.S. to boost exports, lure tourists
(Reuters) – New Zealand Prime Minister Jacinda Ardern will visit the United States this week in a bid to boost exports and lure more tourists as the Pacific nation looks to fully reopen its border after more than two years of restrictions. Ardern’s vis…
Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025
By Trevor Hunnicutt and Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with U.S. firms in advanced technology. The investments, announc…
Ukraine comes to Davos in first spring gathering of business leaders
By Sabine Siebold DAVOS, Switzerland (Reuters) – Russia would normally have its own “house” at the World Economic Forum as a showcase for business leaders and investors. This year the space on the dressed-up main street in Davos has been transformed by…
Hundreds evacuated amid renewed flooding in South Africa’s coastal province
JOHANNESBURG (Reuters) – Hundreds of people have been evacuated to safety after heavy rains once again hammered South Africa’s coastal province of KwaZulu-Natal, flooding roads and houses and damaging properties, a government official said on Sunday. T…