Major News

With eyes on Indo-Pacific, Australia to rapidly increase defence spending

With eyes on Indo-Pacific, Australia to rapidly increase defence spending

Published 30/06/2020

SYDNEY (Reuters) - Australia will boost defence spending by nearly 40% over the next 10 years as Canberra shifts its military assets to focus on [more…]

Wirecard’s former boss faces criminal complaint in Austria

Wirecard’s former boss faces criminal complaint in Austria

Published 30/06/2020

VIENNA (Reuters) - An Austrian lawyer has filed a criminal complaint against Wirecard’s (WDIG.DE) former Chief Executive Markus Braun and Chief Operating Officer Jan Marsalek [more…]

Britain urgently needs to see China law on Hong Kong, says UK PM’s spokesman

Britain urgently needs to see China law on Hong Kong, says UK PM’s spokesman

Published 30/06/2020

LONDON (Reuters) - Britain urgently needs to see the legislation China passed regarding Hong Kong to determine whether it has breached the joint declaration and [more…]

Hong Kong May retail sales tumble as spending, tourism evaporate

Hong Kong May retail sales tumble as spending, tourism evaporate

Published 30/06/2020

HONG KONG (Reuters) - Hong Kong’s retail sales in May slumped 32.8% from a year earlier, falling for the 16th consecutive month as the virus [more…]

Britain locks down city of Leicester after COVID-19 flare-up

Britain locks down city of Leicester after COVID-19 flare-up

Published 30/06/2020

LEICESTER, England (Reuters) - Britain has imposed a stringent lockdown on the English city of Leicester following a local flare-up of the novel coronavirus, overshadowing [more…]

European shares pick up, dollar gains before quarter-end

European shares pick up, dollar gains before quarter-end

Published 30/06/2020

LONDON (Reuters) - European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as [more…]

India’s Modi extends free foodgrain program for poor battling coronavirus

India’s Modi extends free foodgrain program for poor battling coronavirus

Published 30/06/2020

MUMBAI (Reuters) - The Indian government will extend a free foodgrain distribution scheme for 800 million people amid the ongoing pandemic until the end of [more…]

UK PM Johnson says on Huawei: we must protect from ‘hostile state vendors’

UK PM Johnson says on Huawei: we must protect from ‘hostile state vendors’

Published 30/06/2020

LONDON (Reuters) - Prime Minister Boris Johnson said on Tuesday that Britain needed to protect its critical national infrastructure from “hostile state vendors” when deciding [more…]

New rules may be needed for payments in wake of Wirecard, BIS boss says

New rules may be needed for payments in wake of Wirecard, BIS boss says

Published 30/06/2020

LONDON (Reuters) - More joined up rules may be needed across the payments sector after the collapse of Germany’s Wirecard AG, Bank for International Settlements [more…]

Exclusive: Germany missed chances to put Wirecard on watchlist, source says

Exclusive: Germany missed chances to put Wirecard on watchlist, source says

Published 30/06/2020

FRANKFURT (Reuters) - German regulators twice looked into tightening the supervision of collapsed payments firm Wirecard and discussed it with the German and European central [more…]