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Fed optimism lifts European shares to nine-week highs ahead of ECB

By Sruthi Shankar (Reuters) -European shares rallied to nine-week highs on Thursday, driven by hopes the Federal Reserve was done with interest rate hikes and some upbeat earnings reports, while investors looked ahead to the European Central Bank’s policy decision. The pan-European STOXX 600 index rose 0.8% to hit its strongest level since May 22. …

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Russia’s FSB: traces of explosives found on second Russia-bound grain ship

(Reuters) -Russia’s Federal Security Service (FSB) said on Thursday it had found traces of explosives on board a foreign vessel en route from Turkey to Russia that had previously entered a Ukrainian port. In a statement on its website, the FSB said that the BMO River, which had been travelling between the Turkish port of …

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Ukraine’s Zelenskiy visits Dnipro, discusses battlefield situation

KYIV (Reuters) -President Volodymyr Zelenskiy visited Dnipro in southeastern Ukraine on Thursday to discuss the situation on the battlefield, supplies for troops and how to strengthen air defences. “We started the working day in Dnipro,” Zelenskiy said on the Telegram messaging app under video footage of him leading a meeting with military commanders and government …

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Spain’s unemployment rate falls to 15-year low of 11.60% in Q2

MADRID (Reuters) – Spain’s unemployment rate fell to 11.60%, a 15-year low, down from 13.26% three months earlier, data from the National Statistics Institute (INE) showed on Thursday. The unemployment rate had not been that low in Spain since the third quarter of 2008, when it was 11.23%, INE said. The number of people employed …

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Greece orders fresh evacuations as wildfires erupt on mainland

By Angeliki Koutantou and Karolina Tagaris ATHENS (Reuters) -Authorities ordered the evacuation of a handful of communities in central Greece on Wednesday as they battled new fire fronts in the country, supercharged by strong winds and heatwave temperatures exceeding 40 Celsius (104 Fahrenheit). Sixty-one wildfires erupted across Greece in the last 24 hours alone, the …

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EBay’s higher investments weigh on profit forecast, shares fall

(Reuters) -EBay forecast third-quarter profit below market expectations on Thursday as the e-commerce platform spent more to bolster categories such as auto parts, refurbished goods and collectibles, sending its shares down 4.5% after the bell. The company had in June acquired Certilogo, a provider of AI-powered apparel authentication, and bought trading cards marketplace TCGplayer last …

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Russian missiles target Ukrainian regions, commander says barrage repelled

KYIV (Reuters) -Russia targeted the regions of Kyiv, Khmelnytskiy and Kirovohrad in a second missile strike on Ukraine on Wednesday, and its air force chief said the barrage had been repelled. Air Force Commander Mykola Oleshchuk, writing on Telegram, said anti-aircraft units had downed 36 targets – three Kalibr cruise missiles and 33 Kh-101/Kh-555 cruise …

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Biden orders US to share Russian war crimes evidence with ICC -official

By Trevor Hunnicutt and Idrees Ali WASHINGTON (Reuters) -U.S. President Joe Biden has ordered his administration to begin sharing evidence of alleged Russian war crimes in Ukraine with the Hague-based International Criminal Court (ICC), a U.S official said on Wednesday. The Pentagon had been resistant to the move and privately argued that any cooperation with …

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Italy adopts measures to tackle extreme climate events

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy announced measures on Wednesday to help families and businesses hit by extreme climate events, as the country reels from a heatwave in the south and fierce storms in the north. Giorgia Meloni’s right-wing administration approved a decree to help construction and agricultural firms keep staff …

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