Australia summons Russian ambassador over reports captured soldier killed

SYDNEY (Reuters) – Australia summoned the Russian ambassador over reports a Melbourne man had been killed after being captured by Russia while fighting for Ukraine, Prime Minister Anthony Albanese said on Wednesday. The Australian government had asked Russian authorities to immediately confirm the status of Oscar Jenkins and remained “gravely concerned” over reports that he …

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UK retailers to raise prices in response to budget tax hike, survey shows

By James Davey LONDON (Reuters) – Two thirds of British retailers will raise prices this year in response to higher employer social security costs introduced in the new Labour government’s first budget, a survey of finance chiefs showed on Wednesday. Trade body the British Retail Consortium (BRC) said its survey of chief financial officers and …

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UK stagflation risk adds pressure on Reeves after market volatility

By Suban Abdulla LONDON (Reuters) – British inflation figures will be closely watched on Wednesday as a sharp jump in government borrowing costs, concerns about domestic and global price pressures and a weak economy put growing pressure on finance minister Rachel Reeves. Economists polled by Reuters expect the annual rate of consumer price inflation to …

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Russia says its forces capture two settlements in eastern Ukraine

MOSCOW (Reuters) – Russian troops pressing their slow advance through eastern Ukraine took control of two settlements in Donetsk region, Russia’s Defence Ministry said on Tuesday. Moscow’s forces captured Terny, near the town of Siversk, one of the focal points of Russia’s campaign through Donetsk region, and Neskuchne farther south, a ministry report said. Ukraine’s …

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Japan manufacturers’ mood rebounds in Jan, outlook stays flat – Reuters Poll

By Kantaro Komiya TOKYO (Reuters) – Japanese manufacturers’ sentiment recovered in January after a dip last month thanks to better conditions for materials industries, but their outlook remains flat due to uncertainty over proposed Trump policies, the Reuters Tankan poll found. The improving business confidence is positive for the Bank of Japan’s (BOJ) view that …

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