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[1/4] U.S. President Joe Biden delivers remarks on the economy at Arcosa, a wind tower manufacturing facility, in Belen, New Mexico, U.S., August 9, 2023. REUTERS/Jonathan ErnstBELEN, New Mexico, Aug 9 (Reuters) - U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday to boast how his signature legislation helped turn a previously shuttered facility into a wind tower manufacturing facility. Biden said previous administrations promised to invest in U.S. manufacturing, only to see jobs and capital move abroad. Antonio Carrillo, CEO of Arcosa (ACA.N), said his company and the wind power industry were struggling before the infusion of new funds from Washington. After the IRA passed, he said he received its biggest order for wind towers.
Persons: Joe Biden, Jonathan Ernst BELEN, Biden, invigorate, ” Biden, Antonio Carrillo, Nandita Bose, Jeff Mason, Jarrett Renshaw, Simon Cameron, Moore, Jonathan Oatis Organizations: REUTERS, Democrat, Republican, Reuters, Thomson Locations: Arcosa, Belen , New Mexico, U.S, New Mexico, American, America, Washington
Rahul Gandhi, a senior leader of India's main opposition Congress party, arrives at the parliament after he was reinstated as a lawmaker, in New Delhi, India, August 7, 2023. "You have killed mother India in Manipur," Gandhi said as opposition lawmakers thumped their desks and their government counterparts booed him. New Delhi has rushed tens of thousands of additional security forces to the state of 3.2 million people but sporadic violence continues. "Our prime minister has not gone to Manipur because for him Manipur is not in India," Gandhi said. Modi was not present in parliament when Gandhi spoke but he is due to address it on Thursday before it is put to vote.
Persons: Rahul Gandhi, India's, Stringer, Modi, Manipur Modi, Narendra Modi's, Gandhi, YP Rajesh, Simon Cameron, Moore Organizations: REUTERS, Wednesday, Bharatiya Janata Party, BJP, MANIPUR Gandhi, YP, Thomson Locations: New Delhi, India, Manipur Gandhi, Manipur, DELHI, United States, MANIPUR, Kuki, Haryana, BJP
REUTERS/Adnan Abidi/File PhotoNEW DELHI, Aug 9 (Reuters) - India's greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations. India's rate of emissions intensity - the total amount of greenhouse gas emissions emitted for every unit increase of gross domestic product (GDP) - fell by 33% from 2005 to 2019, officials privy to the preparations of the Third National Communication (TNC) report said. India's average rate of reduction in emissions increased to 3% annually in the period 2016-2019, from just about 1.5% in the period 2014-2016. The progress made on reducing emissions intensity should help India avert pressure by developed nations to stop using coal, the second official said. Recently, India has also been trying to promote green hydrogen, manufactured by splitting water molecules using renewable energy.
Persons: Adnan Abidi, Sarita Chaganti Singh, Simon Cameron, Moore Organizations: REUTERS, United Nations, National Communication, Reuters, Reuters . Central Electricity Authority, Reuters Graphics Reuters, Thomson Locations: New Delhi, India
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File photoAug 5 (Reuters) - Elon Musk has said his X social media platform will fund the legal bills of people who have been treated unfairly by employers because of posting or liking something on the site formerly known as Twitter. "If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill," Musk said in a post on X, adding that there will be no limits to funding the bills. The figures came as the company is going through organizational changes and is looking to boost dropping advertising revenue. An upturn in advertising revenue that had been expected in June failed to materialise.
Persons: Carlos Barria, Elon Musk, Musk, Juby Babu, Tom Hogue, Simon Cameron, Moore Organizations: REUTERS, Meta, Twitter, Thomson Locations: San Francisco , California, U.S, Bengaluru
People ride a boat through a flooded road after the rains and floods brought by remnants of Typhoon Doksuri, in Zhuozhou, Hebei province, China August 3, 2023. The vast Hai River basin covers an area the size of Poland that includes Hebei, Beijing, Tianjin. On his visit to flood storage areas in Baoding, Ni added that it was necessary to reduce the pressure on Beijing's flood control and create a "moat" for the Chinese capital. "I'd like to know, among all the people living in flood storage areas across the country, how many of them know they are living in such areas?" As of 8:00 a.m. (0000 GMT) on Friday, Hebei had relocated more than 1.54 million people, including 961,200 from flood storage areas, state media reported on Saturday.
Persons: Doksuri, Tingshu Wang, Xi Jinping, Secretary Ni Yuefeng, netizens, netizen, David Kirton, Ryan Woo, Simon Cameron, Moore Organizations: REUTERS, Beijing, Hebei's Communist, Secretary, Reuters, China Water Resources, Ministry of Water Resources, Thomson Locations: Zhuozhou, Hebei province, China, BEIJING, China's, Hebei, Poland, Beijing, Tianjin, Baoding prefecture, Baoding, Xiongan, Ni, Weibo, Bazhou, Shanghai
Cheika bemoans "step back" for Argentina in Springbok loss
  + stars: | 2023-08-06 | by ( ) www.reuters.com   time to read: +1 min
Aug 6 (Reuters) - Argentina battled at the breakdown in their 23-14 Rugby World Cup warm-up loss to South Africa in Buenos Aires on Saturday as coach Michael Cheika described the defeat as a "step back" in their preparations for the tournament in France. Cheika’s side led 10-3 at halftime against a much-changed Springbok team packed with fringe players seeking to confirm a place in South Africa’s World Cup squad that will be announced on Tuesday. Cheika hopes the performance will be a wake-up call to his side, who start their World Cup campaign with a crunch pool clash against England in Marseille on Sept. 9. If we want to achieve excellence, we need to be able to overcome difficult situations, because in two games we will be at the World Cup. Since we played well last week (in a 22-21 loss to South Africa in Johannesburg), we were complacent.
Persons: Michael Cheika, Cheika, Nick Said, Simon Cameron, Moore Organizations: Springbok, England, Spain, Thomson Locations: Argentina, South Africa, Buenos Aires, France, South, Marseille, Johannesburg, Madrid
Aug 6 (Reuters) - All Blacks coach Ian Foster faces concerns over the fitness of experienced second row forward Brodie Retallick and centre Braydon Ennor ahead of naming his squad for the Rugby World Cup on Monday. The pair suffered knee injuries during their 23-20 win over Australia in Dunedin on Saturday, leaving Foster in doubt over their availability with less than five weeks until New Zealand's World Cup opener against France on Sept. 8. The All Blacks have a perfect record so far in 2023 and face South Africa in a World Cup warm-up on Aug. 25 at Twickenham before taking on the French in their tournament opener. New Zealand have also been drawn to face Italy, Uruguay and Namibia in the group phase of the World Cup as they seek to win the title for a fourth time. "The overall objective was to win this test but also get this squad to the starting line of the World Cup all in a good space."
Persons: Ian Foster, Brodie Retallick, Foster, We've, Richie Mo'unga, Michael Church, Simon Cameron, Moore Organizations: Blacks, Rugby, Australia, New, France, Twickenham, All Blacks, Wallabies, Thomson Locations: Dunedin, South Africa, Zealand, Italy, Uruguay, Namibia, Melbourne, New
Kerr nears Australia return in last 16 clash with Denmark
  + stars: | 2023-08-06 | by ( ) www.reuters.com   time to read: +2 min
Kerr, Australia's all-time leading scorer with 63 goals, injured her left calf on the eve of their World Cup opener against Ireland and sat out all three games in the group stage. The Matildas beat Denmark 3-1 in a friendly last October but Gustavsson said he was impressed by their World Cup campaign so far. The Danes, led by captain and star forward Pernille Harder, finished runners-up to England in Group D.Australia, who reached the quarter-finals at the 2007 World Cup, can equal their best-ever run with a win over Denmark. It's going to be tough and we need to bring our A game." Reporting by Hritika Sharma in Hyderabad; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
Persons: Sam Kerr, Tony Gustavsson, Kerr, Australia's, Gustavsson, Danes, Pernille, Hritika Sharma, Simon Cameron, Moore Organizations: SYDNEY, Denmark, Ireland, Australia's, Australia, Olympic, Canada, World, Thomson Locations: Australia, Monday's, England, France, Morocco, Canada, Hyderabad
SYDNEY, Aug 6 (Reuters) - South Africa coach Desiree Ellis said she thought Banyana Banyana could have beaten the Netherlands at the Women's World Cup on Sunday if they had taken their chances, rather than exiting in the first knockout stage with a 2-0 loss. Dutch goalkeeper Daphne van Domselaar was named player of the match after keeping South Africa, and in particular striker Thembi Kgatlana, at bay with series of fine saves. "With a decision or a goal here or there, we could be speaking differently now, but I think the whole of South Africa should be really proud of this team." Ellis hoped that people would remember all the saves that goalkeeper South Africa Kaylin Swart made at the tournament, and not just the howler that gifted the Dutch their second goal after halftime on Sunday. "This team really punched above their weight considering that we do not have what everybody else has - a professional league."
Persons: Desiree Ellis, Banyana, Daphne van Domselaar, Thembi Kgatlana, Ellis, Swart, Nick Mulvenney, Simon Cameron, Moore Organizations: SYDNEY, South Africa, South, Thomson Locations: South Africa, Netherlands
Roord's header gave her side an early lead and Lineth Beerensteyn added the second goal courtesy of a goalkeeping error in the second half to secure the Dutch a date with Spain in Wellington on Friday. Dutch goalkeeper Daphne van Domselaar was equal to everything Banyana Banyana fired at her, however, and the 2019 finalists progressed to the last eight for the second successive tournament. Ten minutes into the second half, winger Lieke Martens had a goal disallowed for offside, but the Dutch did double the lead in the 68th minute. Banyana Banyana had one last chance to get on the scoreboard in stoppage time, almost inevitably through Kgatlana, but there was no way past Van Domselaar. "Yesterday we spoke about needing to score more goals and we had the opportunities, especially in the first half," said South Africa coach Desiree Ellis.
Persons: Jill Roord, Joy SYDNEY, Beerensteyn, Thembi Kgatlana, Daphne van Domselaar, Banyana Banyana, Andries Jonker, Danielle van de Donk, Lebohang Ramalepe, Kaylin, Thembi Kgatlana's, Van Domselaar, Kgatlana, piledriver, Lieke Martens, Linda, Desiree Ellis, I'm, Nick Mulvenney, Simon Cameron, Moore, William Mallard Organizations: Soccer Football, FIFA, Sydney Football Stadium, South, Sydney Football, World, Dutch, Thomson Locations: New Zealand, Netherlands, South Africa, Sydney, Australia, Spain, Wellington, United States, Melbourne, Sweden, Vietnam, Dutch
Western Canada dock workers vote to accept contract offer
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Chris Helgren/File Photo/File PhotoAug 4 (Reuters) - Dock workers in Western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country's busiest ports, their union said on Friday. The vote was 74.66% in favor of the terms of the settlement, the International Longshore and Warehouse Union (ILWU) said in a statement. The union provisionally agreed to a new contract on Sunday, averting an immediate strike, but the agreement needed to be approved by workers. The government had directed the Canada Industrial Relations Board to resolve the dispute after workers rejected a previous contract. Ottawa was seeking to keep two of Canada's three busiest ports - Vancouver and Prince Rupert - open.
Persons: Chris Helgren, Prince Rupert, Seamus O'Regan, ILWU, O'Regan, David Ljunggren, Gursimran Kaur, Simon Cameron, Moore, William Mallard Organizations: Port, Warehouse Union, REUTERS, Canada Industrial Relations Board, Ottawa, Canada's, British Columbia Maritime Employers Association, Canada’s, Thomson Locations: Vancouver, Vancouver , British Columbia, Canada, Western Canada, British, Canada’s West Coast, Bengaluru
Canada dock workers vote to accept contract offer
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Chris Helgren/File Photo/File PhotoAug 4 (Reuters) - Dock workers in Western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country's busiest ports, their union said on Friday. The vote was 74.66% in favor of the terms of the settlement, the International Longshore and Warehouse Union (ILWU) said in a statement. The government had directed the Canada Industrial Relations Board to resolve the dispute after workers rejected a previous contract. Ottawa was seeking to keep two of Canada's three busiest ports - Vancouver and Prince Rupert - open. The union provisionally agreed to a new contract on Sunday, averting an immediate strike, but the agreement needed to be approved by workers.
Persons: Chris Helgren, Prince Rupert, David Ljunggren, Gursimran Kaur, Simon Cameron, Moore, William Mallard Organizations: Port, Warehouse Union, REUTERS, Canada Industrial Relations Board, Ottawa, British Columbia Maritime Employers Association, Thomson Locations: Vancouver, Vancouver , British Columbia, Canada, Western Canada, British, Bengaluru
REUTERS/Cheney OrrAug 4 (Reuters) - U.S. prosecutors flagged a threatening social media post from Donald Trump in a late-night court filing on Friday, arguing that it suggests he might intimidate witnesses by improperly disclosing confidential evidence received from the government. On his Truth Social site, the former president wrote, "IF YOU GO AFTER ME, I'M COMING AFTER YOU!" The prosecutors' filing asked U.S. District Judge Tanya Chutkan to issue a protective order prohibiting Trump and his lawyers from sharing any discovery materials with unauthorized people. Protective orders are routine in cases involving confidential documents, but prosecutors said it was particularly important to restrict public dissemination given Trump's social media statements. He faces a possible fourth indictment in Georgia, where Atlanta prosecutors have been investigating his efforts to overturn the election results there.
Persons: Donald Trump, Cheney Orr, Democrat Joe Biden, Jack Smith, Trump, Tanya Chutkan, Joseph Ax, Simon Cameron, Moore Organizations: U.S, Republican, REUTERS, Democrat, Trump, Thomson Locations: Montgomery , Alabama, U.S, Washington, Miami, Manhattan, Georgia, Atlanta
Ukraine expects difficult but successful talks in Saudi Arabia
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Viacheslav... Read moreAug 5 (Reuters) - Talks starting Saudi Arabia this weekend to find a peaceful settlement to end Russia's war in Ukraine will be difficult, but Kyiv is counting persuading more countries to back its peace formula, the head of Kyiv's delegation said on Friday. Ukraine and its allies hope the meeting in Jeddah of national security advisers and other senior officials from some 40 countries - but not Russia - will agree on key principles on how to end Russia's war in Ukraine. China, which has firm ties with Russia, said on Friday it will send Special Envoy for Eurasian Affairs Li Hui for the talks. "We have many disagreements and we have heard different positions, but it is important that our principles are shared," he said. Ukrainian, Russian and international officials say there is no prospect of direct peace talks between Ukraine and Russia at the moment, as the war continues to rage and Kyiv seeks to reclaim territory through a counter-offensive.
Persons: Andriy Yermak, Volodymyr Zelenskyi, Read, Volodymyr Zelenskiy's, Eurasian Affairs Li Hui, Zelenskiy, Lidia Kelly, Simon Cameron, Moore Organizations: International, REUTERS, Eurasian Affairs, Global, Thomson Locations: Ukraine, Kyiv, Saudi Arabia, Jeddah, Russia, China, India, Brazil, South Africa, Moscow, Warsaw
Kgatlana netted two of her team's six goals including the last-gasp scorcher that dramatically dumped Italy out of the tournament. It's not that we're getting confused with this fast attacker from South Africa, but we have taken it into account and we're preparing for that." The Dutch are ranked 45 spots above South Africa's Banyana Banyana, but this tournament has shown no team can be overlooked. Asked why the Netherlands are so consistent in tournaments, Van der Gragt said her side is built for the long haul. The Dutch were back on the practice pitch on Saturday after Friday's long travel day from Dunedin, N.Z., to Sydney.
Persons: Thembi Kgatlana, Stefanie van der, Kgatlana, Van der, Andries Jonker, Jonker, we've, Van der Gragt, Lori Ewing, Simon Cameron, Moore Organizations: SYDNEY, Oranje, United, Costa, Thomson Locations: Netherlands, South Africa, Sydney, Italy, Portugal, Costa Rica, Poland, Holland, New Zealand, Dunedin, N.Z
Gauff says she was ready to perform CPR on ill fan
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +2 min
Aug 2, 2023; Washington, D.C., USA; CoCo Gauff (USA) reacts after missing a shot against Hailey Baptiste (USA) (not pictured) on day five of the Mubadala Citi DC Open at Fitzgerald Tennis Stadium. "At first I was just making sure that it wasn't something cardiac," Gauff said immediately after her 6-1 6-2 victory. "I just took a CPR class, so if they needed me to jump in I was ready. The 19-year-old later told reporters that the course was something she had wanted to take after watching her dad perform CPR on a person who did not survive. World number four Jessica Pegula's sister Kelly performed CPR on their mother last year and Gauff said that was another reason she wanted to get certified.
Persons: CoCo Gauff, Hailey Baptiste, Geoff Burke, Coco Gauff, Belinda Bencic, Gauff, Jessica Pegula's, Kelly, Shrivathsa Sridhar, Simon Cameron, Moore Organizations: D.C, Citi DC, Fitzgerald Tennis, USA, Washington, Wimbledon, Thomson Locations: Washington, USA, Bengaluru
Japanese figure skater Hanyu marries, making fans happy and sad
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +1 min
Figure skater Yuzuru Hanyu holds flowers as he attends a ceremony commemorating the 50th anniversary of normalization of diplomatic relations between Japan and China in Tokyo, Japan September 29, 2022. REUTERS/Issei Kato/File PhotoTOKYO, Aug 5 (Reuters) - Japan's Olympic gold-medal winning figure skater Yuzuru Hanyu announced his marriage late Friday, drawing congratulations from his fanbase, though some seemed sad that the photogenic 28-year-old would no longer be romantically available. Hanyu did not say who his partner was when declaring his new marital status on X, the social media messaging platform formerly as Twitter. There was a clear sense of loss in the reaction among many fans both in and outside Japan, as "Hanyu loss" became a fast trending hashtag on social media. "I'm taking Monday off due to 'Hanyu loss'," read on post on X, while another predicted many more fans would be doing the same.
Persons: Issei Kato, Yuzuru, I've, Tetsushi Kajimoto, Simon Cameron, Moore Organizations: REUTERS, Thomson Locations: Japan, China, Tokyo, Sendai, Weibo
[1/4] Former Pakistani Prime Minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. Khan's political party, Pakistan Tehreek-e-Insaf (PTI), said in a statement it had already filed another appeal to the Supreme Court earlier on Saturday. Khan, 70, is a former cricket star who went on to forge a political career and who was prime minister from 2018 to 2022. Information Minister Marriyum Aurangzeb said in a broadcast statement that Khan's arrest followed a full investigation and proper legal proceedings in a trial court. Khan was convicted by the court in a case that was first investigated by the election commission, which found him guilty of unlawfully selling state gifts while prime minister.
Persons: Imran Khan, Akhtar Soomro, Shehbaz Sharif's, Intezar Panjotha, Bilal Siddique Kamiana, Khan, Marriyum Aurangzeb, Sharif, Shah Mehmood Qureshi, Khan's, Qamar Javed Bajwa, Asim Munir, Mubasher Bukhari, Gibran Naiyyar Peshimam, Charlotte, William Mallard, Simon Cameron, Moore, Frances Kerry, Giles Elgood Organizations: Pakistani, Reuters, REUTERS, Police, " Police, Central Adiala, wilfully, PTI, Thomson Locations: Lahore, Pakistan, LAHORE, Islamabad, Central, Rawalpindi, Toshakhana, Khan's, Karachi, Charlotte Greenfield
Both benchmarks were on track for a sixth week of gains, their longest streak of weekly gains this year. Saudi Arabia on Thursday extended a voluntary oil production cut of 1 million barrels per day (bpd) to the end of September. Russia will also slash its oil exports by 300,000 bpd in September, its Deputy Prime Minister Alexander Novak said. The Joint Ministerial Monitoring Committee of OPEC+ is unlikely to tweak its overall oil output cuts at its meeting on Friday, sources have said. But the extension of Saudi Arabia's reductions and comments by Russia ahead of the OPEC+ meeting have raised supply concerns, supporting prices.
Persons: Brent, Alexander Novak, Edward Moya, Tina Teng, Teng, Arathy Somasekhar, Christian Schmollinger, Simon Cameron, Moore Organizations: Saudi, Brent, U.S, West Texas, Ministerial, OPEC, U.S . Federal Reserve, Bank of England, CMC, Thomson Locations: Russia, U.S, SINGAPORE, Saudi Arabia, Saudi, Houston, Singapore
[1/2] Thousands of anti-sanctions protestors gather in support of the putschist soldiers in the capital Niamey, Niger August 3, 2023. REUTERS/Mahamadou HamidouNIAMEY, Aug 4 (Reuters) - West African defence chiefs were set to wrap up discussions about possible intervention in Niger on Friday, as mediators from the regional bloc push coup leaders in Niamey to restore constitutional order before an approaching deadline. The military junta in Niger is locked in a standoff with the Economic Community of West African States (ECOWAS), which has taken its hardest stance yet on last week's ouster of President Mohamed Bazoum - the seventh coup in West and Central Africa since 2020. Niger's self-declared leader Abdourahamane Tiani has rejected the sanctions and said the junta will not back down against any threats. Later on Friday, the region's defence chiefs will officially end a multi-day meeting in the Nigerian capital Abuja about a possible military response that they have said would be a last resort.
Persons: Mohamed Bazoum, Abdourahamane Tiani, Tiani, Alessandra Prentice, Simon Cameron, Moore Organizations: REUTERS, Economic, West African States, ECOWAS, Islamic, Thomson Locations: Niamey, Niger, Mahamadou, NIAMEY, West, Central Africa, France, juntas, Mali, Burkina Faso, al Qaeda, Islamic State, Nigerien, Nigerian, Abuja
Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. Investors in China's stock markets, however, were clearly underwhelmed, as Hong Kong's Hang Seng Index (.HSI) dropped roughly 2% over the week, while the mainland's benchmark CSI 300 index (.CSI) eked out a 0.7% gain. But investors are becoming frustrated by the time the NDRC is taking to flesh out stimulus policies, or order measures like a cut in stamp duty - that could help China's ailing property sector, and please investors in stocks and bonds. Even in a best-case scenario, growth over the second half of this year looks set to be modest." Reporting by Joe Cash and Albee Zhang in Beijing; Editing by Himani Sarkar & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
Persons: Tingshu Wang, HSI, flexibly, Zou Lan, Xu Tianchen, Joe Cash, Albee Zhang, Himani Sarkar, Simon Cameron, Moore Organizations: People's Bank of China, REUTERS, National Development, Reform Commission, Communist Party's, UBS, Council, Economist Intelligence Unit, Weibo, Capital Economics, Thomson Locations: Beijing, China, BEIJING
After the Supreme Court's ruling, the lower house of parliament should now formally reinstate Gandhi. Lower courts and the high court in Gujarat, where the BJP holds power, had rejected appeals by Gandhi to suspend the conviction, prompting the appeal to the Supreme Court. Besides seeking suspension of the conviction, Gandhi has also sought to overturn it. That challenge has yet to be heard by the lower court in Gujarat. Gavai said the lower court had not given any reasons for handing down the maximum sentence of two years' jail which led to his disqualification from parliament.
Persons: Rahul Gandhi, Anushree, Gandhi, Rahul Gandhi's, Narendra Modi, Modi, B.R, Gavai, Sonia Gandhi, Priyanka Vadra, Adhir Ranjan Chowdhury, Chowdhury, Purnesh Modi, YP Rajesh, Arpan Chaturvedi, Shivam Patel, Sakshi Dayal, Kim Coghill, Simon Cameron, Moore, Nick Macfie Organizations: REUTERS, Bharatiya Janata Party, BJP, Supreme, Developmental, YP, Thomson Locations: New Delhi, India, DELHI, Gujarat, Manipur
REUTERS/Daniel Munoz/file photoSYDNEY, Aug 3 (Reuters) - Australian retail sales volumes fell again in the June quarter as cost of living pressures and rising borrowing costs ate into consumer spending power, hampering economic growth and weakening the case for further interest rate hikes. Data from the Australian Bureau of Statistics on Thursday showed real retail sales fell 0.5% in the second quarter to A$35.2 billion ($23.02 billion), matching analyst forecasts. "The widespread fall in sales volumes reflects what retailers have been telling us about consumers focusing on essentials, buying less or switching to cheaper brands," said Ben Dorber, ABS head of retail statistics. Since sales account for around 17% of gross domestic product, the drop will weigh on economic activity and analysts expect barely any growth in the quarter. Thursday's data showed retail prices rose 0.9% in the second quarter, up from 0.7% the previous quarter.
Persons: Daniel Munoz, Ben Dorber, Alan Oster, Oster, Wayne Cole, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: REUTERS, Australian Bureau, Statistics, Reserve Bank of Australia, NAB, Thomson Locations: Sydney's, Australia
New Zealand's Defence Minister Andrew Little poses for a picture in Wellington, New Zealand, March 30, 2023. Launching the country's first national security strategy, Defence Minister Andrew Little said New Zealand faced more geostrategic challenges than it had in decades. The inaugural security strategy underscores how China's rise is upending old norms and behaviours even 9,000 kilometres (5,592 miles) away in Wellington. Chinese state-sponsored actors had exploited cyber vulnerabilities in ways that undermined New Zealand's security, said another document that did not provide further details. "The changes in the domestic and international security environment mean our response and preparedness must change too," Little said.
Persons: Andrew Little, Lucy Craymer, Little, Kevin Short, Lewis Jackson, Simon Cameron, Moore, Gerry Doyle Organizations: Zealand's, REUTERS, Defence, Zealand, New, Labour, New Zealand Defence Force, Thomson Locations: Wellington , New Zealand, New Zealand, Wellington, China, New, Australia, U.S, Vietnam
India's Prime Minister Narendra Modi speaks during a meeting at The Ministry of Foreign Affairs in Paris France July 14, 2023. JULIEN DE ROSA/Pool via REUTERS/File PhotoNEW DELHI, Aug 2 (Reuters) - Indian Prime Minister Narendra Modi is likely to be a virtual participant at a summit of BRICS nations in South Africa later this month rather than attend in person, sources in New Delhi told Reuters. China and Russia are keen to discuss expansion of BRICS at the summit, while India has reservations about that idea. The SCO summit was held days after Modi returned from a state visit to Washington where President Joe Biden rolled out the red carpet for him. India holds the presidency of the G20 grouping and will host a summit of its leaders in early September.
Persons: Narendra Modi, JULIEN DE ROSA, Modi, Vladimir Putin, Joe Biden, Rupam Jain, Krishn Kaushik, YP Rajesh, Simon Cameron, Moore Organizations: India's, The Ministry of Foreign Affairs, Indian, Reuters, Shanghai Cooperation Organisation, SCO, YP, Thomson Locations: Paris France, South Africa, New Delhi, Johannesburg, Brazil, Russia, India, China, Russian, BRICS, United States, Beijing, Washington, Ukraine, Moscow
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