By Philip Pullella and Kevin Dougherty SAINTE-ANNE-DE-BEAUPRE, Quebec (Reuters) -Pope Francis on Thursday said the Catholic Church felt “the burden of failure” for its role in running government-backed residential schools that tried to wipe out indigen…
U.N. says details for safe Ukraine grain shipments still being worked out
By Michelle Nichols UNITED NATIONS (Reuters) -U.N. aid chief Martin Griffiths said on Thursday he was hopeful that the first shipment of grain from a Ukrainian Black Sea port could take place as early as Friday, but “crucial” details for the safe passa…
Swiss National Bank reiterates it can act at any time if needed
ZURICH (Reuters) – The Swiss National Bank may take monetary policy measures at any time between its regular meetings if it deems it necessary, the bank said in an interim publication on Thursday, reiterating its standard position. “The SNB conducts an…
Games-Daley condemns homophobia across Commonwealth nations ahead of Games
(Reuters) – Britain’s Olympic diving champion Tom Daley has condemned homophobia across Commonwealth nations on the eve of the Commonwealth Games opening ceremony in Birmingham on Thursday. Homosexuality is a criminal offence in 35 of the 56 nations th…
Britain’s National Grid warns of tight electricity supply this winter
By Susanna Twidale LONDON (Reuters) – Britain’s National Grid said on Thursday there could be periods where electricity supply is tight this winter, given uncertainty over supplies of Russian gas to Europe, but that it expects to be able to meet demand…
Crypto assets need new rights in law, UK legal body says
By Huw Jones and Elizabeth Howcroft LONDON (Reuters) – Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the Law Commi…
Ford shares bounce on upbeat results, dividend boost
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Wednesday reported better than expected second-quarter net income and reaffirmed its profit outlook for the year, but said management is “actively looking” at how to offset surging co…
UK’s Truss calls for more Commonwealth trade -The Times
(Reuters) – The UK’s leadership candidate and foreign secretary, Liz Truss, said Britain must trade more with Commonwealth countries to counter China’s “grave threat to our values and way of life,” The Times reported. Truss has vowed to sign “fast-trac…
Missing parts force Airbus to cut near-term supply goals
By Tim Hepher PARIS (Reuters) -Airbus cut its annual jet delivery forecast and put the brakes on planned production increases on Wednesday, bowing to pressure from fragile supply chains and widespread labour shortages as aerospace struggles to meet res…
Carrefour raises 2022 savings goal, confident on second half
By Dominique Vidalon PARIS (Reuters) -Europe’s largest food retailer Carrefour said on Wednesday it was confident about the second half of the year after reporting higher first-half operating profit and raising its 2022 cost-savings target amid acceler…