UK business activity cools as inflation pressure ramps up, PMI shows Sep 23, 2026 04:33AM

By Andy Bruce

Sept 23 (Reuters) - Growth ‌in British business ​activity ​cooled this month and inflation pressure built, a survey showed on Wednesday, an awkward backdrop for finance minister John Healey ahead of his first ‌budget next month.

The S&P Global UK Services Purchasing Managers' Index (PMI) fell in ⁠September to 51.7 from 52.5 in August, a three-month low, according to "flash" or preliminary data. A Reuters ‌poll of economists had... (continue reading...)


Israeli fire kills two people in Gaza, medics say Sep 23, 2026 04:28AM

CAIRO, Sept 23 (Reuters) - ‌An Israeli ​airstrike ​killed at least two Palestinians in the Gaza Strip on Wednesday, local ‌health officials said.

Medics said the two men ⁠were killed when an Israeli airstrike hit a vehicle ‌in western Khan Younis, ‌in the south of the enclave. Two other people were wounded, they added.

A spokesperson for ​the Israeli military confirmed the strike, saying it had struck a militant and ⁠that more information... (continue reading...)


Britain's JD Sports says Nike turnaround is only a matter of time Sep 23, 2026 04:20AM

By James Davey

LONDON, ‌Sept 23 (Reuters) - ​Nike ​is taking the right steps to revive its business and a turnaround is only ‌a matter of time, said the finance ⁠chief of British sports and fashion retailer JD Sports, one ‌of the U.S. group's ‌largest customers.

Nike CEO Elliott Hill, nearly two years into his tenure at the helm of the ​company, has pushed to reset Nike's strategy by refocusing on key sports like soccer and ⁠running, by... (continue reading...)


Russia hits Kyiv petrol stations, kills one Sep 23, 2026 04:16AM

KYIV, Sept 23 (Reuters) - ‌Russia slammed ​jet-powered ​drones into two petrol stations and other sites in Kyiv early on ‌Wednesday, killing one, hours after President Volodymyr Zelenskiy ⁠met US President Donald Trump.

A further seven people ‌were injured in the morning ‌attack, city authorities said. Explosions were heard and smoke billowed in the city centre, ​according to Reuters journalists.

Russia has changed tactics and in recent weeks... (continue reading...)


South Africa's headline inflation rate inches higher in August Sep 23, 2026 04:16AM

JOHANNESBURG, ‌Sept ​23 (Reuters) - ​South Africa's headline ‌consumer inflation edged ⁠up to ‌4.4% year on ‌year in August from ​4.3% in July, ⁠data from the ​statistics agency showed on Wednesday.

Economists ​polled by ‌Reuters had expected ⁠annual inflation of 4.5%.

On ⁠a month-on-month basis ​headline inflation was unchanged in ‌August, compared with 0.2% ‌in ⁠July.

(Reporting ‌by Nilutpal ​Timsina;Editing by Alexander ‌Winning)


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