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UK’s Fuller Smith to tread carefully on price hikes despite rising costs, CEO says

By Raechel Thankam Job (Reuters) -British pub chain Fuller, Smith & Turner will take a cautious approach to increasing prices, CEO Simon Emeny said on Wednesday, as the group navigates rising costs from higher taxes and minimum wage hikes. Companies across the country had flagged an increase in labour costs related to a rise in …

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Kremlin confirms Russia is ready to help remove excess nuclear material from Iran

MOSCOW (Reuters) -The Kremlin confirmed on Wednesday that Russia was ready to help remove excess nuclear material from Iran if the United States and Tehran deemed such assistance useful. Russian Deputy Foreign Minister Sergei Ryabkov said earlier on Wednesday that Moscow was willing to remove nuclear materials from Iran and convert them into fuel as …

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Finland summons Russian diplomat over second airspace violation in weeks

HELSINKI (Reuters) -Finland’s foreign ministry said on Wednesday it had summoned a Russian diplomat over a suspected June 10 violation of Finnish airspace, the second such event in under three weeks. NATO member Finland on Tuesday said it believed a Russian military aircraft entered its airspace off the coast of Porvoo in the southern part …

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British homebuilder shares hit seven-month high ahead of spending review

LONDON (Reuters) -British homebuilder shares rose sharply on Wednesday, ahead a public spending announcement from the UK finance minister that is expected to confirm 39 billion pounds ($52.54 billion) of funding for affordable homes in the next decade. An index tracking British homebuilder shares was last up 2.36% at its highest since November, building on …

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May was world’s second-hottest on record, EU scientists say

By Kate Abnett BRUSSELS (Reuters) -The world experienced its second-warmest May since records began this year, a month in which climate change fuelled a record-breaking heatwave in Greenland, scientists said on Wednesday. Last month was Earth’s second-warmest May on record – exceeded only by May 2024 – rounding out the northern hemisphere’s second-hottest March-May spring …

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Austrian police say non-functional pipe bomb found at suspect’s home

GRAZ, Austria (Reuters) -Austrian police said on Wednesday that a pipe bomb was found at the home of the suspect in a school shooting on Tuesday in the city of Graz, but that it was not functional. (Reporting by Francois Murphy; Editing by Muralikumar Anantharaman)

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